Euro to US Dollar Exchange rates fluctuate constantly, influenced by global supply and demand dynamics. As of the latest update on 12 November 2024, the buying exchange rate for 1 Euro stands at USD 0.94 in the open market, with the selling exchange rate also at USD 0.94.
For individuals or businesses involved in international transactions, understanding currency exchange rates is crucial. This information can help in making informed decisions to convert currency at the most favorable rates.
Here is a snapshot of the current exchange rates for Euro against various other currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.53 | 1.53 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.39 | 1.39 |
| Chinese Yuan (CNY) | 7.23 | 7.23 |
| Euro (EUR) | 0.94 | 0.94 |
| Japanese Yen (JPY) | 154.66 | 154.66 |
| New Zealand Dollar (NZD) | 1.69 | 1.69 |
| Swiss Franc (CHF) | 0.88 | 0.88 |
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks typically apply a higher exchange rate, which can impact the overall conversion value.
For the most up-to-date information on inter-bank currency rates, this portal serves as a reliable source. Regular updates on currency fluctuations are provided to assist individuals and businesses in navigating the complexities of foreign exchange.
