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EUR to USD - Euro to US Dollar Converter

Convert Euro to US Dollar with daily ECB exchange rates

1 EUR = ~1.18 USD (rates vary)

Rates verified daily from ECB official reference ratesSource: European Central Bank (16:00 CET daily)For informational purposes only. Not financial advice.

Quick Insight

EUR and USD move together in calm markets. For rough ideas, €1 ≈ $1.1, but live quotes vary.

Use a simple rule of thumb and verify with live quotes before trades.

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance planning

Common EUR - USD Conversions

24h Change
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7d Change
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30d Change
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1y Change
+0.00%

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Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Active
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Policy decisions by the ECB and Fed, inflation trends, growth data, and risk sentiment shape EUR/USD. Trade developments and geopolitical events also impact expectations and demand for dollars as a safe-haven.

Economic Context

Trading Relationship

The euro-area and the United States engage in vast trade and financial flows. EUR/USD movements affect euro-area costs of imports from the US and external demand for euro-area goods and services.

Key Rate Factors

  • Federal Reserve policy decisions and inflation trajectories
  • European Central Bank monetary stance and euro-area inflation
  • US-EU trade balance, tariffs, and global supply chains
  • Economic growth differentials and fiscal policy signals
  • Global risk sentiment and safe-haven flows into the USD

Central Banks

European Central Bank
Frankfurt, Germany
Sets euro-area monetary policy, guiding interest rates and money supply to maintain price stability.
Federal Reserve System
Washington, D.C., USA
The US central bank. Guides interest rates, inflation control and financial stability.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates

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