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Best Send Money to United States EUR/USD Rates Compared Live

The best EUR to USD exchange rate is 1.0845. Compare foreign transfer and currency exchange rates, find better rates & deals.

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Comparing EUR-USD send money exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Euro (EUR) to US dollar (USD) rates from different sources before making a conversion.

The above Euro to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest EUR-USD mid-rate (see below) and the possible savings of using another provider.

 
@bestfxrates : EUR/USD hovers near 7-day lows at 1.0883 amid mixed outlook. German inflation dips & recession fears may lead to ECB rate cuts, pressuring EUR. Conversely, forecasts indicate strengthening trend in 2024. USD rallies on strong inflation & job data, with Fed rate cuts eyed in June. #Forex #EURUSD

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EUR to USD Market Data

Euro (EUR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 EUR =
1.0845We compare provider deals to this wholesale mid-market rate. Read more
USD
-0.2%
📉1W
EUR to USD is at 7-day lows near 1.0872, near its 3-month average, having traded in a very stable 3.7% range from 1.0707 to 1.1106
|
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DateEUR/USDChangePeriod
04 Mar 2024
1.0854
0.2% â–²2 Week
19 Dec 2023
1.0979
1% â–¼3 Month
19 Mar 2023
1.0681
1.8% â–²1 Year
20 Mar 2019
1.1428
4.9% â–¼5 Year
21 Mar 2014
1.3793
21.2% â–¼10 Year
23 Mar 2004
1.2311
11.7% â–¼20 Year
EUR/USD historic rates & change to 18-Mar-2024
 

What are equivalent amounts of EUR and USD?

Here are some popular conversion amounts for EUR to USD (Euro to US dollar)*.

EUR USD
€ 1 $ 1.0845
€ 5 $ 5.4225
€ 10 $ 10.85
€ 20 $ 21.69
€ 50 $ 54.23
€ 100 $ 108.45
€ 250 $ 271.13
€ 500 $ 542.25
€ 1,000 $ 1,085
€ 2,000 $ 2,169
€ 5,000 $ 5,423
€ 10,000 $ 10,845
€ 20,000 $ 21,690
€ 50,000 $ 54,225
€ 100,000 $ 108,450
EUR USD
0.9221 $ 1
4.6105 $ 5
9.2210 $ 10
18.44 $ 20
46.11 $ 50
92.21 $ 100
230.53 $ 250
461.05 $ 500
922.10 $ 1,000
1,844 $ 2,000
4,611 $ 5,000
9,221 $ 10,000
18,442 $ 20,000
46,105 $ 50,000
92,210 $ 100,000

More amounts

*Converted at the current EURUSD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for EUR to USD

 

Recent currency market updates and exchange rate forecasts for the EUR to USD pair suggest a mixed outlook for the Euro (EUR) and the US Dollar (USD). The Euro has been under pressure due to cooling German inflation and concerns about a potential recession in the Eurozone. Analysts anticipate that the European Central Bank (ECB) could consider rate cuts, which might further weigh on the EUR against the USD. However, some optimism remains for the EUR/USD pair, with forecasts pointing towards a potentially strengthening trend throughout 2024. The EUR/USD exchange rate is currently trading near its 7-day lows at around 1.0883, close to its 3-month average, indicating relative stability.

Read our full review of recent EUR to USD forecasts.

 

How to get a good EUR to USD exchange rate

There are several ways to save on exchange rates when converting Euro to US dollar:

  1. Shop around for the best EUR/USD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the EUR/USD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both EUR and USD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying US dollar with Euro, then it's better for the EUR/USD exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Euro rise against the US dollar?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add EUR/USD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

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Read our Currency guide to the United States - a practical currency and money guide to travel, living and doing business in the United States with the US dollar.

 
 
 

Currency Country Guides

United StatesUnited States (USD)EurozoneEurozone (EUR)East TimorEast Timor (USD)
EcuadorEcuador (USD)El SalvadorEl Salvador (USD)British Virgin IslandsBritish Virgin Islands (USD)
US Virgin IslandsUS Virgin Islands (USD)Caribbean NetherlandsCaribbean Netherlands (USD)Turks and Caicos IslandsTurks and Caicos Islands (USD)
 

Setting up a business in the US as a foreigner

Setting up a business in the US as a foreigner is generally the same process as setting up a business as a US citizen. However, there may be additional legal requirements and regulations that apply to foreign nationals. It is advisable to consult with a lawyer who specializes in immigration and business law to ensure compliance with all relevant laws and regulations. Additionally, obtaining a valid work visa may be necessary in order to work in the US as a foreigner. It's important to research the specific requirements for the type of business you plan to start and the state where you plan to set it up.

Read more at our United States (USD) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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