The Bank of America EUR to USD rate is 1.0474. This is -7.4% below the mid-rate. Compare Bank of America currency conversion rates - Reduce FX costs.
The Bank of America EUR to USD exchange rate is 1.0474. This is -7.4% compared to the latest EUR-USD mid-market rate 1.1309.
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.
Looking at our comparison table the best EUR to USD exchange rate is 1.1252 from OFX, -0.5% from the mid-market rate 1.1309. The next best rate is 1.1241 from XE, -0.6% from the mid-rate. Then Wise with 1.1229 is -0.71% from the mid-rate.
The Western Union rate is 1.1139 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 like Bank of America 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.
The Bank of America Euro to Dollar comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Bank of America and other foreign exchange providers against the latest EUR-USD mid-rate (see Market Data below ) and the possible savings of using various providers.
Bank of America (BOA) is the second-largest consumer bank in the USA after Chase Bank and serves about millions of consumers and small business clients worldwide from its headquarters in Charlotte, North Carolina.
Bank of America is one of the Big Four US banks and holds over 10% of all American bank deposits, in direct competition with JPMorgan Chase Bank, Citigroup, and Wells Fargo.
BOA offers international money transfer services that allow customers to send and receive funds from abroad. Customers can initiate a money transfer online or in person at a branch. BOA provides fast and secure international money transfer services however the exchange rates offered for international money transfer services are not the best on the market.
Sending or receiving international transfers to or from your Bank of America bank account will include a margin rate of between 4% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).
The BOA app and website allow you to check the FX rate prior to scheduling an international wire. So you can check the rate and compare to the best rates from our BER partner brokers to check for a better deal.
Bank of America participates in Pay by Bank, a product that allows mobile uses to buy products online and pay directly from their bank account service in a foreign currency, Pay by Bank does not require a card or card data.
For businesses making international payments BOA provide the CashPro Platform.
BOA is improving the CashPro API to allow merchants to process payments in an increasing number of different countries. It will connect to seven real-time payment schemes; transfer apps including Zelle in the U.S. and Pix in Brazil; and cross-border wires.
Euro (EUR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | EUR/USD | Change | Period |
|---|---|---|---|
17 Apr 2025 | 1.1372 | 0.6% ▼ | 2 Week |
31 Jan 2025 | 1.0362 | 9.1% ▲ | 3 Month |
01 May 2024 | 1.0718 | 5.5% ▲ | 1 Year |
02 May 2020 | 1.1095 | 1.9% ▲ | 5 Year |
04 May 2015 | 1.1148 | 1.4% ▲ | 10 Year |
06 May 2005 | 1.2848 | 12% ▼ | 20 Year |
Here are some popular conversion amounts for EUR to USD (Euro to US dollar)*.
*Converted at the current EURUSD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The EUR/USD exchange rate is experiencing notable fluctuations, currently trading at 1.1326, which is 4.6% above its three-month average of 1.0826. Analysts have noted that this pair has shown a volatile movement, ranging between 1.0230 and 1.1513 during this period. The recent strength of the euro can be attributed to better-than-expected Eurozone GDP growth, which increased by 0.4% in the first quarter. This economic performance has also dampened expectations for further interest rate cuts from the European Central Bank (ECB), thereby supporting the euro's value.
Read our full review of recent EUR to USD forecasts.
There are several ways to save on exchange rates when converting Euro to US dollar:
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.
Read our Currency guide to the United States — a practical currency and money guide to travel in the United States plus living and doing business with the US dollar.
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.
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.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| United States (USD) | Eurozone (EUR) |  East Timor (USD) |
 Ecuador (USD) |  El Salvador (USD) |  British Virgin Islands (USD) |
 US Virgin Islands (USD) |  Caribbean Netherlands (USD) |  Turks and Caicos Islands (USD) |
Sending money to the U.S. involves more than just choosing a provider. First, make sure you have the correct recipient details, including their account number, bank name, routing or SWIFT code, and sometimes the bank’s address. Mistakes can lead to failed or delayed transfers.
If you’re converting from another currency, pay close attention to the exchange rate. Providers often apply a hidden markup, so comparing rates is essential—especially for larger transfers. Tools like BestExchangeRates.com help you find the best real-time rates. Don’t forget about fees either. These can include service charges, intermediary bank deductions, or fees charged to the recipient, particularly with traditional bank wires.
There are multiple methods available for sending money to the U.S., each with their own pros and cons. Bank transfers are widely used and secure but tend to be slower and more expensive. Online services like Wise, OFX, or WorldRemit offer faster transfers at more competitive rates, while remittance apps like Remitly and Xoom are optimized for speed and convenience. In some cases, cryptocurrency can be used, but this comes with added regulatory and security considerations.
Speed also matters. Digital services like Wise or Remitly can deliver funds within hours or a day, while banks may take several business days. For large amounts, providers may ask for ID due to anti-money laundering regulations. Transfers above $10,000 are generally reported to U.S. authorities, though personal remittances are usually tax-free.
Finally, consider the purpose—whether personal, business, or investment—and choose a method that suits your needs. Online transfer services are often cheaper and faster than banks, and may offer better exchange rates and lower fees.
For the best value, compare your options and plan ahead. A few extra minutes of research can save you a lot in the long run.
Read more at our United States (USD) country guide
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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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