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    Best EUR to USD Exchange Rates Compared Live

    The best EUR to USD exchange rate is 1.0880. Compare foreign transfer and currency exchange rates, find better rates & deals.

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    Comparing EUR-USD 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 : EURUSD faces uncertainty as markets weigh mixed Eurozone data against ECB rate cut expectations. Steady at 2.4% inflation, eyes on May 31st CPI for Euro direction. USD balances rate cut bets with job data watch. Analysts eye inflation & policy cues for EURUSD moves, now at 1.0868. #ForexUpdate #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 =
    1.0880We compare provider deals to this wholesale mid-market rate. Read more
    USD
    +0.1%
    1M
    EUR to USD is at 30-day highs near 1.0884, just 0.8% above its 3-month average of 1.0798, having traded in a very stable 3.1% range from 1.0619 to 1.0948
    |
    Sell EUR   →   Buy USD
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    DateEUR/USDChangePeriod
    03 May 2024
    1.0768
    1% 2 Week
    17 Feb 2024
    1.0777
    1% 3 Month
    18 May 2023
    1.0775
    1% 1 Year
    19 May 2019
    1.1165
    2.6% 5 Year
    20 May 2014
    1.3700
    20.6% 10 Year
    22 May 2004
    1.2020
    9.5% 20 Year
    EUR/USD historic rates & change to 17-May-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 $ 1.0880
    € 5 $ 5.4400
    € 10 $ 10.88
    € 20 $ 21.76
    € 50 $ 54.40
    € 100 $ 108.80
    € 250 $ 272.00
    € 500 $ 544.00
    € 1,000 $ 1,088
    € 2,000 $ 2,176
    € 5,000 $ 5,440
    € 10,000 $ 10,880
    € 20,000 $ 21,760
    € 50,000 $ 54,400
    € 100,000 $ 108,800
    EUR USD
    0.9192 $ 1
    4.5960 $ 5
    9.1920 $ 10
    18.38 $ 20
    45.96 $ 50
    91.92 $ 100
    229.80 $ 250
    459.60 $ 500
    919.20 $ 1,000
    1,838 $ 2,000
    4,596 $ 5,000
    9,192 $ 10,000
    18,384 $ 20,000
    45,960 $ 50,000
    91,920 $ 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 exchange rate forecasts for the EUR to USD currency pair show a mixed outlook. Despite some upbeat economic data in the Eurozone, particularly in industrial production and GDP growth, the euro (EUR) has lacked a clear direction. The market is anticipating the European Central Bank (ECB) to potentially start cutting rates in June, especially with Eurozone inflation remaining steady at 2.4% in April. This expectation, coupled with some broad US dollar strength, has seen the EURUSD pair trade lower, hitting a low of 1.06. As the ECB's interest rate decision is not until June 6th, May's focus will likely be on the Consumer Pricing Index (CPI) inflation data due on May 31st, which could lead to further euro weakness.

    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.

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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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