Euros to US dollars Exchange Rate. Convert EUR/USD - Wise (2024)

FAQs

Euros to US dollars Exchange Rate. Convert EUR/USD - Wise? ›

Using your bank's ATM, or an ATM in its network, and exchange providers like Travelex are common options. Another option is to use companies such as Wise, which specializes in currency transfers and offers a debit card.

Using your bank's ATM, or an ATM in its network, and exchange providers like Travelex are common options. Another option is to use companies such as Wise, which specializes in currency transfers and offers a debit card.

1 EUR = 1.111976 USD Sep 18, 2024 05:53 UTC

The currency converter below is easy to use and the currency rates are updated frequently. This is very much needed given the extreme volatility in global currencies lately.

To understand whether the current EUR/USD exchange rate is good or bad, it's best to compare it to recent historical data. At the moment, the Euro to Dollar rate is trending near the lower end of its 5-year trading range. Relative to recent history, it's a bad time to buy Dollars with Euros.

What is the best bank to convert euros to dollars? ›

Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, often offer the added benefit of having ATMs overseas. Online peer-to-peer foreign currency exchanges. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.

Calculate an FX rate using this simple formula: Your starting figure (in your local currency) divided by the final number (in the new foreign currency) = the exchange rate.

It's generally a good idea to exchange currencies before traveling to ensure that you have some money available when landing in a different country.

The exchange rate for Euro to US dollars is currently 1.112 today, reflecting a -0.126% change since yesterday.

The euro shares the No. 8 spot among the world's strongest currencies, with 1 euro buying 1.08 dollars (or $1 equals 0.93 euro). The euro is the official currency of 20 out of the 27 countries that form the European Union. Euro coins and bank notes entered circulation in 2002, and the currency is free-floating.

Best place to exchange currency: Your bank or credit union

Many banks offer currency exchange to their customers. Though there may be a small fee if you exchange less than a certain amount, your bank or credit union will almost always be the cheapest place to exchange currency.

Key Takeaways

Currency exchange shops and kiosks in airports are not the best places to exchange money. For the best rates, try a local bank or a bank ATM to make your currency exchanges. Check to see if your U.S. bank offers foreign ATM fee refunds for using a foreign ATM.

2. Currency Converter Plus – Exceptional User Experience. Currency Converter Plus's robust Android and iOS app development architecture sets significant programming milestones for us.