The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
USD to EUR Market Data
US dollar (USD) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the USD to EUR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the Euro is to review how the USD/EUR rate has changed over time.
The table below shows the percentage change in the USD to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Recent forecasts concerning the USD to EUR exchange rate indicate a bearish outlook for the US dollar (USD) while the euro (EUR) experiences limited strength.
Recent forecasts for the USD to JPY exchange rate indicate a bearish outlook for the US dollar, primarily driven by expectations for aggressive rate cuts by...
Current market bias: Bearish.
Key drivers:
- The interest rate differential favors the euro, as the US Federal Reserve is set for future rate cuts, while the European Central Bank maintains rates steady.
- Recent US inflation data has declined significantly, raising expectations for monetary easing.
- Improving economic growth in the Eurozone, particularly from increased military spending, supports the euro.
Near-term range: The USD to EUR trading range is expected to be stable but low over the next few months.
What could change it: Upside risk includes stronger US consumer sentiment improving the dollar, while downside risk comes from escalating geopolitical tensions in Europe, particularly linked to the Ukraine conflict, possibly pressuring the euro lower.
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USD to EUR is bearish as the dollar weakens ahead of expected Fed rate cuts vs a stable ECB. US inflation drops, while Eurozone growth strengthens. Upside risk may arise from better US consumer sentiments, while geopolitical tensions could weigh on the euro
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USD to EUR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to EUR?
The best USD to EUR exchange rate is 0.8451 from OFX . This is -0.49% compared to the mid-market rate 0.8493.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Euro (EUR) rates from different sources before making a conversion.
The above
Dollar to Euro comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest USD-EUR mid-rate and the possible savings of using various providers.
How do USD-EUR rates compare between providers?
Looking at the full
USD to EUR - Send Money comparison table the provider with the best USD to EUR exchange rate is OFX at 0.8451, -0.49% from the latest mid-market rate 0.8493.
The next best is XE at 0.8442, -0.6% from the mid-rate.
Then Wise at 0.841, which is -0.98% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.