The Remitly USD to EUR rate is 0.8593. This is -2.5% below the mid-rate. Compare Remitly currency conversion rates - Reduce FX costs.
The Remitly USD to EUR exchange rate is 0.8593. This is -2.5% compared to the latest USD-EUR mid-market rate 0.8813.
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 0.8769 from OFX, -0.5% from the mid-market rate 0.8813. The next best rate is 0.876 from XE, -0.6% from the mid-rate. Then Wise with 0.8756 is -0.65% from the mid-rate.
The Western Union rate is 0.8725 which is -1% from the mid-rate.
Among the banks, the Chase Bank rate is 0.817 at -7.3%, the Wells Fargo Bank rate is 0.8117 at -7.9%, and the Citibank rate is 0.8523 at -3.3% compared to the mid-rate 0.8813.
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 Remitly or platforms that offer rates closer to the mid-market rate.
The Remitly Dollar to Euro comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Remitly and other foreign exchange providers against the latest USD-EUR mid-rate (see Market Data below ) and the possible savings of using various providers.
Remitly is an online money transfer platform that has helped immigrant communities around the world to send money to loved ones.
Sending money abroad has been the same for the past 100 years - tedious, expensive & complicated. But, this app can change that. By using modern technology to send & receive cash, it eliminates all of those issues and makes international transfers a more reliable & secure process.
By saving on a lot of the costs associated with brick & mortar operations, Remitly money transfers can be much cheaper for their customers. This helps them to have more funds to send in order to help their loved ones in those hard-to-reach parts of the world.
New: Remitly customers sending money to Mexico can now choose to send money to their mobile wallet MercadoPago, the largest mobile wallet in Mexico.
US dollar (USD) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/EUR | Change | Period |
|---|---|---|---|
16 Apr 2025 | 0.8772 | 0.3% ▲ | 2 Week |
30 Jan 2025 | 0.9618 | 8.6% ▼ | 3 Month |
30 Apr 2024 | 0.9376 | 6.2% ▼ | 1 Year |
01 May 2020 | 0.9014 | 2.4% ▼ | 5 Year |
03 May 2015 | 0.8936 | 1.6% ▼ | 10 Year |
05 May 2005 | 0.7724 | 13.9% ▲ | 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 forecasts for the USD to EUR exchange rate reflect a complex interplay of U.S. trade policies, macroeconomic data, and global market sentiment, creating uncertainty for investors. The US dollar has experienced notable volatility, currently trading at 0.8779 EUR, which is significantly lower—5.1%—than its 3-month average of 0.9254. Analysts have attributed this decline to a confluence of factors, including President Trump's aggressive tariff policies aimed at multiple countries, which have dampened investor confidence and led to a sharper downturn in manufacturing activity, particularly evident in Texas. The implications of these tariffs have been profound, with some markets speculating that a deliberate strategy to weaken the dollar may be in play to bolster U.S. trade interests amidst fears of an economic recession.
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
News2025-04-25
Deutsche Bank forecasts a significant weakening of the US dollar in the coming years, potentially reaching its lowest level against the euro in over a decade.
News2025-04-14
The US dollar has fallen to a three-year low, influenced by Trump policy back flips plus concerns over the Federal Reserve's independence. Analysts suggest a long-overdue correction due to overvaluation and trade tensions.
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
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