What is the
European Central Bank Send Money conversion rate for EUR to USD?
The European Central Bank EUR to USD exchange rate is 1.1398. This is 0% compared to the latest EUR-USD mid-market rate 1.1398.
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
European Central Bank - Euro to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
European Central Bank and other foreign exchange providers against the latest EUR-USD mid-rate and the possible savings of using various providers.
How do European Central Bank EUR-USD rates compare between providers?
Looking at the
full comparison table
the best EUR to USD exchange rate is 1.1341 from OFX, -0.5% from the mid-market rate 1.1398. The next best rate is 1.133 from XE, -0.6% from the mid-rate. Then Wise with 1.1318 is -0.7% from the mid-rate.
The Western Union rate is 1.1227 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
or platforms that offer rates closer to the mid-market rate.
Compare EUR to USD Transfer Rates