What is the EUR to USD exchange rate?

The EUR to USD exchange rate tells you how many US dollars you receive for one euro. EUR/USD is the most traded currency pair in the world. CurrencyConverter247 displays the current mid-market rate sourced daily from the European Central Bank.

Has the euro ever been worth less than the US dollar?

Yes. EUR/USD fell below parity (1.0) during two periods: from 2000 to 2002 following the euro's launch in 1999, and briefly again in 2022 amid the energy crisis following Russia's invasion of Ukraine. Outside these periods, the euro has generally traded above the dollar.

What drives the EUR/USD exchange rate?

The EUR/USD rate is primarily driven by interest rate decisions from the European Central Bank (ECB) and the US Federal Reserve, inflation data from the eurozone and United States, GDP growth, employment figures and geopolitical events affecting either economy.

What is the best EUR to USD rate available?

The mid-market rate is the best available benchmark for what a currency is actually worth. Banks and exchange services add a margin of 1 to 4 percent on top. Specialist money transfer services such as Wise or OFX typically offer tighter margins than high street banks.

EUR to USD — Euro to US Dollar

Mid-market rate sourced from the European Central Bank • Updated daily

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EUR to USD history

Daily European Central Bank reference rates. The ECB publishes one rate each working day, so weekends and holidays have no data. Hover or tap the chart to see a specific day.

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EUR to USD conversion table

Common amounts at the latest ECB reference rate.

A guide to the EUR to USD rate

What moves EUR/USD

EUR/USD is the most traded currency pair in the world, according to the Bank for International Settlements' triennial survey of foreign exchange markets. That depth means it usually moves in smaller steps than most pairs, but the moves still add up over weeks and months.

The main driver is the policy gap between the European Central Bank and the US Federal Reserve. The ECB's Governing Council sets monetary policy roughly every six weeks and the Fed meets eight times a year, and markets move on expectations well before each decision. Eurozone growth and inflation figures, US jobs and inflation data and energy prices, which weigh more heavily on Europe's economy, all feed into the rate.

Who converts EUR to USD

Europeans travelling to the US, eurozone exporters invoicing American customers, US companies with European revenue and people paid in euros but spending in dollars all use this pair. Because EUR/USD is also the base for many other cross rates, it is a useful reference even if neither currency is your own.

Getting a fair EUR to USD rate

Within the eurozone, fees for sending euros are regulated, but converting to dollars is not, so the margin varies a lot by provider. Compare the dollar amount you are offered against the mid-market rate shown here. Paying in the local currency when abroad, rather than accepting dynamic currency conversion at the till, usually saves money.

EUR to USD in practice

EUR/USD is the most traded currency pair in the world, so the mid-market spread is extremely tight. That makes any markup from your bank or card provider easy to spot: if your quote is 3% away from the rate on this page, almost all of that gap is margin. Travellers splitting a trip between Europe and the US, and businesses pricing in both currencies, can use the conversion table on this page as a quick reference and compare it against the rate on their receipts or statements.

Page last reviewed 3 October 2026. CurrencyConverter247 is a reference tool, not a financial adviser. Rates shown are mid-market reference rates and are not an offer to exchange.

EUR to USD Converter