Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates

    EUR to USD Exchange Rates

    Compare & Save - Euro to US dollar exchange rates. Latest euro→dollar analysis and review of forecasts.

    Loading comparison rates...

     
       
       
       
       

    Compare & Save - Euro to US dollar

    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 Rate Calculator and Comparison Table makes it easy to compare the Total Cost you are being charged on euro to dollar currency rates and the possible savings of using various providers.


    In this euro to dollar (EUR/USD) rate guide:

     
     
    @bestfxrates : EUR to USD exchange rate set for a downturn following elevated rallies, say FX analysts. HSBC believes rally may be over due to dip in Eurozone consumer confidence. Fed’s interest rate cycle end foreseen to weaken USD in 2023. Current EUR to USD 2.1% below 3-month average. Note potential Euro impact from OIL/USD 90-day highs. Exchange rates to be greatly influenced by ECB interest rates and Eurozone economic performance. #EURUSD #ForexUpdate

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

    Request Quotes

    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

     
     

    EUR to USD Market Data

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

     
    1 EUR =
    1.0658We compare provider deals to this wholesale mid-market rate. Read more
    USD
    EUR to USD at 1.0661 is 2.3% below its 3-month average of 1.0911, having traded in a quite stable 5.6% range from 1.0643 to 1.1244
    |
    Sell EUR   →   Buy USD
    My Rates

    Manage My Rates   


    90-DAYLOW
     
    DateEUR/USDChangePeriod
    06 Sep 2023
    1.0724
    0.6% 2 Week
    22 Jun 2023
    1.0956
    2.7% 3 Month
    20 Sep 2022
    0.9971
    6.9% 1 Year
    21 Sep 2018
    1.1758
    9.4% 5 Year
    22 Sep 2013
    1.3528
    21.2% 10 Year
    25 Sep 2003
    1.1491
    7.3% 20 Year
    EUR/USD historic rates & change to 20-Sep-2023

    Forecasts for EUR to USD

    EURUSD chart
    90-DAYLOW

    According to recent forecasts and market updates, FX analysts anticipate a reversion lower for the EUR to USD exchange rate in the coming months. HSBC, which has been positive on the EUR and GBP since November 2022, believes that the rally in both currencies has already played out. The bank cites a turn in consumer confidence in the Eurozone and the UK, which tends to precede macroeconomic underperformance, as a contributing factor. The overall performance of the Eurozone economy and the direction of European Central Bank (ECB) interest rates are also expected to influence the value of the euro exchange rate.

    Read our full EUR to USD forecasts analysis

     
    EUR to USD flags

    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 BER Smart Rate Tracker to track and benefit from currency movements.

     
    Track Rate
     

    Manage My Rates   

     

    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    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.

     
     
     

    Country Currency 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

    ^ Scroll back up to ^

    ^