Loading...

EUR to USD - Rate Guide

Euro to United States Dollar exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

EUR/USD update & alerts

1 EUR = 1.1033 USD

Sell EUR - Buy USD  Invert

EUR to USD - Trading Range (90 Day)
ALERT: 30-DAY LOWS 🔔 |
EUR/USD at 1.1031 is trading 0.6% below the 90-day average 1.1097 with a range 1.1001 to 1.122. ALERT: EUR/USD has dropped to 30-DAY LOWS.
26-Jan-2020 16:NY 21:LON 08:SYD+1d

More Charts

EUR/USD Exchange Rates and Providers Compared

This guide to the Euro to United States Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and EUR to USD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our EUR/USD Quick Calculator.

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for EUR/USD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

EUR to USD International Money Transfers

  

Foreign Transfer ProvidersReceive USD(U$)Exchange RateFee EURTotal CostDeal Links
WorldFirst logo
U$5,485
Best Overall
1.09700.5%
OFX logo
U$5,468.5
U$16 less
1.09370 for BER users (normally $15)0.8%
TorFX logo
U$5,396.5
U$88 less
1.079302.1%
HSBC logo
U$5,288.56
U$196 less
1.0593€7.54.06%
Deutsche Bank International Money Transfers
Deutsche Bank logo
U$5,238.09
U$247 less
1.0582€504.98%
Citibank International Money Transfers
Citibank logo
U$5,234.91
U$250 less
1.0495125.04%
Santander International Money Transfers
Santander logo
U$5,205.1
U$280 less
1.0452205.58%
Banks - Average Rate
Deutsche Bank logo Santander logo Citibank logo HSBC logo Bank of Ireland logo Crédit Agricole logo AIB Bank logo BNP Paribas logo
U$5,194
U$291 less
1.0463125.79%
Bank of Ireland International Money Transfers
Bank of Ireland logo
U$5,173.74
U$311 less
1.0452€506.15%
BNP Paribas International Money Transfers
BNP Paribas logo
U$5,157.41
U$328 less
1.0419€506.44%
Crédit Agricole International Money Transfers
Crédit Agricole logo
U$5,136.12
U$349 less
1.0376€506.83%
AIB Bank International Money Transfers
AIB Bank logo
U$5,114.84
U$370 less
1.0333€507.21%
 
WorldFirst logo
WorldFirst: Foreign Transfer EUR→USD
From Amount (EUR)€5,000
Fee:
Exchange Rate:1.0970 (0.5% from mid-rate)
To Amount (USD) U$5,485
Total Cost:0.5%
Time:18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer EUR→USD
From Amount (EUR)€5,000
Fee:0 for BER users (normally $15)
Exchange Rate:1.0937 (0.8% from mid-rate)
To Amount (USD) U$5,468.5
Total Cost:0.8%
Difference:
U$16 USD less than using WorldFirst
Time:
Rate Fetched: 18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
TorFX logo
TorFX: Foreign Transfer EUR→USD
From Amount (EUR)€5,000
Fee:0
Exchange Rate:1.0793 (2.1% from mid-rate)
To Amount (USD) U$5,396.5
Total Cost:2.1%
Difference:
U$88 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer EUR→USD
From Amount (EUR)€5,000
Fee:€7.5 EUR (.15%)
Exchange Rate:1.0593 (3.92% from mid-rate)
To Amount (USD) U$5,288.56
Total Cost:4.06%
Difference:
U$196 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Deutsche Bank logo
Deutsche Bank: Foreign Transfer EUR→USD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.0582 (4.02% from mid-rate)
To Amount (USD) U$5,238.09
Total Cost:4.98%
Difference:
U$247 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer EUR→USD
From Amount (EUR)€5,000
Fee:12
Exchange Rate:1.0495 (4.81% from mid-rate)
To Amount (USD) U$5,234.91
Total Cost:5.04%
Difference:
U$250 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Santander logo
Santander: Foreign Transfer EUR→USD
From Amount (EUR)€5,000
Fee:20
Exchange Rate:1.0452 (5.2% from mid-rate)
To Amount (USD) U$5,205.1
Total Cost:5.58%
Difference:
U$280 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer EUR→USD
From Amount (EUR)€5,000
Fee:12
Exchange Rate:1.0420 (5.49% from mid-rate)
To Amount (USD) U$5,194
Total Cost:5.79%
Difference:
U$291 USD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Bank of Ireland logo
Bank of Ireland: Foreign Transfer EUR→USD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.0452 (5.2% from mid-rate)
To Amount (USD) U$5,173.74
Total Cost:6.15%
Difference:
U$311 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
BNP Paribas logo
BNP Paribas: Foreign Transfer EUR→USD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.0419 (5.5% from mid-rate)
To Amount (USD) U$5,157.41
Total Cost:6.44%
Difference:
U$328 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Crédit Agricole logo
Crédit Agricole: Foreign Transfer EUR→USD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.0376 (5.89% from mid-rate)
To Amount (USD) U$5,136.12
Total Cost:6.83%
Difference:
U$349 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
AIB Bank logo
AIB Bank: Foreign Transfer EUR→USD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.0333 (6.28% from mid-rate)
To Amount (USD) U$5,114.84
Total Cost:7.21%
Difference:
U$370 USD less than using WorldFirst
Time:18:04 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 01/26/2020 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

  

U.S. dollar Travel Money

  

Travel Money ProvidersAmount USD(U$)Exchange RateFee EURTotal CostDeal Links
Sparkasse Bank Foreign Currency
Sparkasse Bank logo
U$984.85
Compare
0.9948€1010.67%
 
Sparkasse Bank logo
Sparkasse Bank: Travel Money EUR→USD
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:0.9948 (9.77% from mid-rate)
To Amount (USD) U$984.85
Total Cost:10.67%
Time:18:04 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 01/26/2020 - See full table

EURUSD blended flags

EUR and USD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the EUR vs USD, you should pay attention to the recent market trends for both currencies.

Euro (EUR)

The Euro spent 2019 on a downwards trajectory, starting the year with highs at US1.1550 but then slid all year until October where it bottomed out at US$1.09 on Oct 1, close to long-term lows. Since then it has climbed back up towards the average rate for the year of US1.12, perhaps due to the less uncertainty around Brexit.

Euro sentiment dipped in mid-June after the ECB, like other major central banks of the world, ramped up its dovish rhetoric. It said that there was “considerable room” for further quantitative easing and that it would consider negative interest rates. Ordinarily, this would spark an extended euro decline but since other major currencies are also wrestling with easier central bank policies, euro depreciation may be contained.

In spite of Brexit, a slowdown in economic growth, Italian risks and persistently weak inflation — an important measure of inflation expectations fell in June to a record low — the euro did fantastically well against the Australian dollar, New Zealand dollar.

Read more in the article EUR Forecasts.

 

United States Dollar (USD)

The US dollar held its value in 2019 despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

At its October meeting the Federal Reserve cut the target range for the federal funds rate to 1.5-1.75 percent, the third rate cut so far this year, amid soft inflation indicators and general worries about the economy. However the central bank also signaled a pause in the easing cycle.

Taking the blame for the economic downturn is US President Donald Trump, whose trade war policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

For more USD bank forecasts and cross-rate trends read the report USD trends and forecasts.

Read more in the article USD Forecasts.

Why can't I just get the EUR/USD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the EUR / USD was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

EURUSD blended flags

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all EUR Exchange Rates