The HSBC USD to EUR rate is 0.8619. This is -4.2% below the mid-rate. Compare HSBC currency conversion rates - Reduce FX costs.
The HSBC USD to EUR exchange rate is 0.8619. This is -4.2% compared to the latest USD-EUR mid-market rate 0.8996.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Euro (EUR) rates from different sources before making a conversion.
Looking at our comparison table the best USD to EUR exchange rate is 0.8951 from OFX, -0.5% from the mid-market rate 0.8996. The next best rate is 0.8943 from XE, -0.59% from the mid-rate. Then Wise with 0.8938 is -0.64% from the mid-rate.
The Western Union rate is 0.8907 which is -0.99% from the mid-rate.
Among the banks, the Chase Bank rate is 0.8349 at -7.2%, the Wells Fargo Bank rate is 0.8295 at -7.8%, and the Citibank rate is 0.8709 at -3.2% compared to the mid-rate 0.8996.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like HSBC 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 HSBC Dollar to Euro comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by HSBC and other foreign exchange providers against the latest USD-EUR mid-rate (see Market Data below ) and the possible savings of using various providers.
Here we review HSBC's foreign exchange services and how their exchange rates compare to FX specialist providers, compare rates and check how you can save money when you send and spend abroad.
HSBC, also known as the Hongkong and Shanghai Banking Corporation, is a multinational investment bank and financial services company based in London, UK. HSBC operates in over 60 countries and territories, including the UK, Hong Kong, China, Canada, the US, Australia, and throughout Europe, the Middle East, and Asia. The bank is well-known for its retail banking services, investment banking, and wealth management services, and has a large and diverse customer base.
In terms of foreign exchange rates, HSBC offers competitive rates for international money transfers and foreign currency exchange services. Customers can transfer money overseas in a range of currencies, and the bank offers real-time exchange rate quotes and low transfer fees. HSBC also offers foreign currency accounts and multi-currency accounts, allowing customers to hold and manage multiple currencies in a single account.
HSBC's foreign exchange rates are competitive with other major banks and financial institutions, and the bank has a strong reputation for providing reliable and secure services. However, it is always recommended that customers compare exchange rates and fees across different FX providers to ensure they are getting the best value for their money.
When you get a quote for your Global Money Transfer from HSBC on their website or in-app, you can also see the HSBC exchange rate, but it can be difficult to then calculate how much you are being charged.
HSBC does not publish their exchange rates publicly which is frustrating. However, our research shows that on average, HSBC profit margin for foreign exchange rates is somewhere between 2.8 - 7%, depending on the amount you're sending, where you're sending it to and which currency will be received.
While all banks add this mark-up, the extra amount being charged is much higher than it would be with a global money transfer specialist.
US dollar (USD) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/EUR | Change | Period |
|---|---|---|---|
27 Mar 2025 | 0.9259 | 1.6% ▼ | 2 Week |
10 Jan 2025 | 0.9750 | 6.6% ▼ | 3 Month |
10 Apr 2024 | 0.9310 | 2.2% ▼ | 1 Year |
11 Apr 2020 | 0.9145 | 0.4% ▼ | 5 Year |
13 Apr 2015 | 0.9460 | 3.7% ▼ | 10 Year |
15 Apr 2005 | 0.7755 | 17.4% ▲ | 20 Year |
Here are some popular conversion amounts for USD to EUR (US dollar to Euro)*.
*Converted at the current USDEUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent market updates indicate that the USD to EUR exchange rate is currently under considerable pressure, primarily influenced by ongoing trade tensions between the US and China, as well as geopolitical uncertainties affecting the Eurozone. Analysts have noted that the US dollar is sliding, primarily due to a new wave of tariffs imposed by the US, which have raised concerns about a potential recession. The latest tariff developments, including an 84% tariff from China in response to US measures, have sparked fears that escalating trade wars may compromise economic stability. This situation has led to a corresponding rise in US government borrowing costs, further undermining confidence in the dollar.
Read our full review of recent USD to EUR forecasts.
There are several ways to save on exchange rates when converting US dollar to Euro:
Generally speaking, if you are buying Euro with US dollar, then it's better for the USD/EUR 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 Eurozone — a practical currency and money guide to travel in the Eurozone plus living and doing business with the Euro.
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 USD/EUR 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
The cost of living varies greatly within the Eurozone, and it depends on various factors such as housing, transportation, healthcare, and taxes. However, some of the countries in the Eurozone with relatively lower cost of living include:
Greece: Greece has a relatively low cost of living compared to other Eurozone countries.
Portugal: Portugal has a lower cost of housing than in other Eurozone countries.
Spain: Spain also has a relatively low cost of living, particularly in the southern regions such as Andalusia and Murcia.
Ireland: Ireland has a relatively low cost of living, particularly in the regions outside the main cities like Dublin.
Read more at our Eurozone (EUR) country guide
News2025-04-10
The Chinese yuan has weakened following the United States' decision to impose a 125% tariff on Chinese imports, prompting the People's Bank of China to intervene to stabilize the currency.
News2025-03-27
Recent U.S. trade policies, including aggressive tariffs on auto imports, have introduced significant volatility in global currency markets, affecting major currencies such as the euro, British pound, and Japanese yen.
Further reading on the Euro (EUR) - Guides, Reviews & News from our research team.
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
^ Scroll back up to ^
^
