What is the
CurrencyFair Send Money conversion rate for EUR to USD?
The CurrencyFair EUR to USD exchange rate is 1.149. This is -0.9% compared to the latest EUR-USD mid-market rate 1.1594.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to US dollar (USD) rates from different sources before making a conversion.
The above
CurrencyFair - Euro to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
CurrencyFair and other foreign exchange providers against the latest EUR-USD mid-rate and the possible savings of using various providers.
How do CurrencyFair EUR-USD rates compare between providers?
Looking at the
full comparison table
the best EUR to USD exchange rate is 1.1536 from OFX, -0.5% from the mid-market rate 1.1594. The next best rate is 1.1525 from XE, -0.6% from the mid-rate. Then Wise with 1.1513 is -0.7% from the mid-rate.
The Western Union rate is 1.142 which is -1.5% 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
like CurrencyFair or platforms that offer rates closer to the mid-market rate.