Euro (EUR) Exchange Rates Today
Live rates, 30-day trends, and real talk about what banks charge you for Euro.
Mid-market rate - no bank markup 200+ currencies Free
What is the Euro?
The Euro is used by over 340 million people, making it the second most traded currency globally.
Symbol: € ISO code: EUR Central bank: European Central Bank (ECB)
BIS ranking: 2nd most traded (the 2nd most bought and sold currency worldwide) Used in: 20 EU member states and several non-EU territories
This page is a hub for all EUR exchange rates on our site. Use the converter above to check the current mid-market rate for Euro against any supported currency, or scroll down to browse individual pair pages with 30-day charts, historical data, and conversion tables.
How Euro is commonly exchanged
The Euro is the second most traded currency globally and the most common counterpart to USD. Within Europe, EUR/GBP, EUR/CHF, and EUR/JPY see heavy volume. For travelers within the eurozone, no conversion is needed across 20 countries - but visitors from outside the EU will convert through EUR pairs frequently.
Most EUR conversions pass through one of the major pairs listed below. For less common combinations, rates are computed as cross-rates through USD or EUR, which may carry a slightly wider spread.
Practical notes for Euro
Travel and card conversions
If you are spending in Euro, a card with no foreign transaction fee is typically the best option. Always choose to be charged in EUR (the local currency) at point of sale - selecting your home currency triggers Dynamic Currency Conversion, which adds an unnecessary 3-6% markup to your transaction.
Weekend and holiday pricing
Currency markets close Friday at 5pm Eastern and reopen Sunday at 5pm Eastern. During this window, the rate you see is Friday's closing price. Some providers widen their spreads on weekends. If your conversion is not urgent, waiting until Monday often means a tighter spread and a rate that reflects current market conditions.
Large transfers
For conversions above 10,000 EUR, consider a specialist FX broker rather than your bank. The difference in rate on a large transfer can be significant - even a 0.5% improvement on a large sum adds up quickly. Get quotes from at least two providers and compare the final amount the recipient would receive, not just the headline rate.
The European Central Bank (ECB) and the Euro
The European Central Bank (ECB) manages monetary policy for the 20 eurozone countries. Its primary mandate is price stability, defined as inflation close to but below 2%.
Policy tool: The main refinancing rate and deposit facility rate, set by the Governing Council which meets every six weeks. ECB decisions affect EUR pairs across the board.
Key data releases: Eurozone GDP, harmonized CPI (HICP), and ECB press conferences following rate decisions are the biggest EUR movers.
Moments that shaped the Euro
Euro introduction (1999-2002)
The Euro launched as an accounting currency on 1 January 1999, with physical notes and coins entering circulation on 1 January 2002. It replaced 12 national currencies including the Deutsche Mark, French Franc, and Italian Lira. Source: European Central Bank
European debt crisis (2010-2015)
The Greek debt crisis and concerns about sovereign debt in Portugal, Ireland, Italy, and Spain put severe pressure on the Euro. EUR/USD fell from 1.51 in late 2009 to below 1.05 in 2015 as markets questioned whether the eurozone would survive intact.
Did you know?
- The Euro symbol (€) was inspired by the Greek letter epsilon (ε) and represents the first letter of 'Europe.' The two parallel lines signify stability.
Frequently asked questions
What is the EUR exchange rate today?
The live mid-market rate is shown in the converter above. It updates every 60 seconds during market hours (Sunday 5pm ET through Friday 5pm ET). Scroll down to see EUR rates against all supported currencies.
What is the mid-market rate for Euro?
The mid-market rate is the midpoint between wholesale buy and sell prices - the fairest benchmark before any provider adds markup. It is the rate shown on this page. Your bank or service will offer a different rate that includes their margin.
How is EUR performing this month?
Use the converter above and click through to any pair page to see the 30-day range bar, which shows where today's rate sits relative to the recent trend. The rate statistics panel shows 30-day low, high, average, and volatility.
Where can I find historical EUR rates?
Click on any pair page below and scroll to the history chart. You can view 7-day, 30-day, or 1-year history with daily rates. Use the date picker to look up a specific historical date.
What affects the value of Euro?
Central bank interest rate decisions from the European Central Bank (ECB) are typically the largest driver. Inflation data, economic growth figures, trade balances, and political stability also matter. On a day-to-day basis, scheduled economic data releases and central bank communication can cause noticeable moves.
Why do different sites show different EUR rates?
Different providers use different data sources, update at different times, and may show rates that already include their markup. The mid-market rate (shown here) is the most neutral benchmark. If a site shows a rate that is noticeably worse, that difference is likely their margin built into the number.
How is the EUR exchange rate set?
Most exchange rates are determined by supply and demand in the global forex market, where banks, funds, and corporations trade currencies 24 hours a day on weekdays. Interest rate differentials between central banks are the biggest long-term driver. No single entity "sets" the rate - it emerges from millions of transactions.
Learn more
- ECB Euro Reference Rates - Official daily reference rates from the European Central Bank
- History of the Euro - The ECB's own account of how the single currency came to be
- BIS Triennial Survey 2022 - Global FX trading volumes by currency
- Eurostat - Official eurozone economic data including GDP, inflation, and trade
EUR rate statistics
Euro rate context
We compare the current Euro exchange rate against its recent trading range to help you decide whether now is a good time to convert. The live analysis updates throughout market hours.
Rate analysis updates when live data is available.
Forex Market Hours
The forex market is open 24 hours a day, five days a week. Trading passes between these major financial centers as the world turns.
| Market | Timezone | Local Time | Status |
|---|---|---|---|
| 🇦🇺 Sydney | AEST | — | — |
| 🇯🇵 Tokyo | JST | — | — |
| 🇬🇧 London | GMT/BST | — | — |
| 🇺🇸 New York | ET | — | — |
All EUR Currency Pairs
Live exchange rate pages for Euro against every supported currency.