The comparison table above helps you see the total cost of your Wise 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’.
Wise - EUR Rate Margin Analysis
The average EUR rate margin offered by Wise is 0.75%.
This average is based on individual EUR 10K transfer rates in the currency pairs from Wise that we monitor.
Wise - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Wise for Euro (EUR 10K)
transactions. Margins show the percentage difference from the mid-market rate.
EUR/USD Outlook: The outlook for EUR/USD is bullish, as the rate is currently above its recent average and near recent highs, supported by strong economic indicators.
Bullish EUR/USD outlook as it's above recent averages, driven by strong Eurozone data. ECB keeps rates neutral while Fed plans cuts, making the USD less attractive. Expected to stay within a stable range unless major geopolitical shifts or strong USD inflation data emerge
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EUR to USD 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 Euro are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
Wise Send Money conversion rate for EUR to USD?
The Wise EUR to USD exchange rate is 1.1785. This is -0.63% compared to the latest EUR-USD mid-market rate 1.1860.
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
Wise - Euro to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Wise and other foreign exchange providers against the latest EUR-USD mid-rate and the possible savings of using various providers.
How do Wise EUR-USD rates compare between providers?
Looking at the full
EUR to USD - Send Money comparison table the provider with the best EUR to USD exchange rate is OFX at 1.1824, -0.3% from the latest mid-market rate 1.1860.
The next best is XE at 1.1788, -0.61% 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 Wise or platforms that offer rates closer to the mid-market rate.