Euro to US Dollar
The EUR/USD rate is the most heavily traded currency pair in the world. Whether you are travelling to the United States, sending money overseas, or making international purchases, the live EUR/USD rate tells you exactly how many dollars your euros will buy.
Frequently asked questions
EUR/USD is set by supply and demand on the global foreign exchange (forex) market, which turns over more than $7 trillion per day. Interest rate decisions by the ECB and the Federal Reserve, inflation data, trade balances, and economic sentiment from both the eurozone and the US all move the rate continuously.
Whenever the EUR/USD rate is above 1.00, one euro buys more than one dollar. This has been the case for most of the euro's history, though the rate briefly fell below parity during the energy crisis of 2022. The exact relationship changes daily and is driven by relative economic conditions.
Banks and bureaux de change add a spread (mark-up above the market rate) and sometimes a fixed fee. Online platforms such as Wise or Revolut typically offer rates much closer to the interbank rate. Always compare the total cost — rate plus fees — before exchanging.
Withdrawing cash from a US ATM or paying by credit card with low foreign-transaction fees is usually the most cost-effective approach. Airport bureaux de change offer some of the worst rates available. Check your bank's charges for overseas card use before you travel.