The comparison table above helps you see the total cost of your 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’.
EUR to USD Market Data
Euro (EUR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: bearish-to-range-bound, as USD/GBP sits below its longer-term average and in the lower half of the three-month range, with limited near-term upside.
EURUSD sits near the 90-day avg and mid 3-month range as of 16 Jan, with data mixed. Upside: softer US data or a dovish Fed lifts the euro; downside: stronger US data or hawkish Fed boosts the dollar.
Bias: Range-bound, current level sits near the 90-day average and in the middle of the 3-month range.
Key drivers:
- Rate gap: ECB policy looks steady while the Fed is expected to ease toward a neutral stance in the coming years, narrowing the gap that previously supported the dollar.
- Risk/commodities: Oil trades above its three-month average with elevated volatility, which tends to pressure the euro when energy costs stay higher and European energy import costs are a concern.
- Macro factor: Eurozone inflation is projected to ease toward the ECB target, supporting a neutral policy path for the ECB and less upside pressure on yields.
Range: EUR/USD is likely to drift within its 3-month range, with a tilt toward the middle as data remains mixed and markets recalibrate policy expectations, and recent moves stay within a narrow band around the mid-point.
What could change it:
- Upside risk: softer US data or a dovish Fed stance lifting the euro.
- Downside risk: stronger US data or a hawkish Fed outlook boosting the dollar
@bestfxrates
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
best Send Money conversion rate for EUR to USD?
The best EUR to USD exchange rate is 1.1561 from OFX . This is -0.29% compared to the mid-market rate 1.1595.
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
Euro to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest EUR-USD mid-rate and the possible savings of using various providers.
How do 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 1.1561, -0.29% from the latest mid-market rate 1.1595.
The next best is XE at 1.1526, -0.6% 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
or platforms that offer rates closer to the mid-market rate.