The European Central Bank USD to EUR rate is 0.8797. This is 0% below the mid-rate. Compare European Central Bank currency conversion rates - Reduce FX costs.
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The European Central Bank USD to EUR exchange rate is 0.8797. This is 0% compared to the latest USD-EUR mid-market rate 0.8797.
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.
The European Central Bank Dollar to Euro comparison table above 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 USD-EUR mid-rate (see Market Data below ) and the possible savings of using various providers.
The European Central Bank (ECB) is the official central bank for all countries that use the euro as their domestic fiat currency.
The role of all central banks is to preserve the value of money by keeping inflation low and stable. They do this by controlling the interest rate at which banks can borrow.
Interest rates, inflation, and exchange rates are all intrinsically linked. When the ECB manipulates interest rates this impacts both the inflation in the Euro-zone and also the relative value of the euro compared to other currencies.
Read our guide to the Relationship between Interest Rates and Currencies.
US dollar (USD) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/EUR | Change | Period |
|---|---|---|---|
15 May 2025 | 0.8935 | 0.5% ▼ | 2 Week |
28 Feb 2025 | 0.9636 | 7.8% ▼ | 3 Month |
29 May 2024 | 0.9258 | 4% ▼ | 1 Year |
30 May 2020 | 0.9005 | 1.3% ▼ | 5 Year |
01 Jun 2015 | 0.9152 | 2.9% ▼ | 10 Year |
03 Jun 2005 | 0.8174 | 8.7% ▲ | 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.
The USD to EUR exchange rate is currently positioned at 7-day highs near 0.8906, reflecting a 1.4% decline from its 3-month average of 0.903. This rate had been trading within a volatile range of 0.8686 to 0.9639, indicative of the broader market uncertainties. Analysts note that the recent strength of the US dollar can be attributed to a risk-averse sentiment among investors, who are gravitating towards the dollar as a safe haven amid ongoing geopolitical tensions and anticipation of the Federal Open Market Committee (FOMC) minutes, which suggest a more hawkish outlook from the Federal Reserve.
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.
Cyprus: Cyprus has a relatively low cost of food and transportation.
It's important to note that these are rough estimations, and the cost of living in these countries may be different for various factors such as location, lifestyle, and personal preferences. It's also worth noting that these countries are not part of the Eurozone, but they are in the EU and their currencies are pegged to the Euro.
There is no definitive answer to what the best country is to set up a company in the Eurozone, as it depends on various factors such as the nature of the business, the target market, and the specific needs and goals of the company. However, some countries in the Eurozone are generally considered to be more favorable for businesses than others.
Some of the countries that are considered to be among the most business-friendly in the Eurozone include:
It is worth noting that each country has its own specific regulations, taxes and legal requirements that might fit some businesses better than others. It is recommended to consult with business experts and legal advisers for a tailored advice for your business.
Read more at our Eurozone (EUR) country guide
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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