Euro to US Dollar Exchange rates fluctuate constantly, influenced by global supply and demand dynamics. As of the latest update on 28 May 2024, the buying exchange rate for 1 Euro stands at USD 0.92 in the open market, with the selling exchange rate also at USD 0.92.
For individuals or businesses involved in international transactions, understanding the current exchange rates is crucial for making informed decisions and getting the best value for their currency conversions.
Here is a snapshot of the exchange rates for Euro against other major currencies:
| Currency | Buying | Selling |
|---|---|---|
| Australian Dollar (AUD) | 1.50 | 1.50 |
| British Pound (GBP) | 0.78 | 0.78 |
| Canadian Dollar (CAD) | 1.36 | 1.36 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 156.87 | 156.87 |
| New Zealand Dollar (NZD) | 1.63 | 1.63 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It's important to note that open market currency exchange rates may differ from those offered by banks, with banks often charging higher rates for currency exchange. Keeping track of inter-bank currency rates can help individuals and businesses secure better deals when converting currencies.
Stay informed with the latest exchange rate updates to make the most of your currency conversions and international transactions.
