Euro to US Dollar Exchange rates fluctuate constantly, influenced by global supply and demand dynamics. As of the latest update on 23 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 currency exchange rates is crucial. This information can help in making informed decisions to secure the best possible rates when converting currencies.
Here is a snapshot of the exchange rates for Euro to USD and other major currencies:
| Currency | Buying | Selling |
|---|---|---|
| Australian Dollar (AUD) | 1.51 | 1.51 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 156.71 | 156.71 |
| New Zealand Dollar (NZD) | 1.64 | 1.64 |
| Swiss Franc (CHF) | 0.92 | 0.92 |
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks often charge higher exchange rates, making it essential for consumers to stay informed about the latest inter-bank currency rates.
For the most up-to-date exchange rates and reliable information on currency conversions, individuals can rely on the country's top currency rates portal. Regular updates on inter-bank currency rates are provided to ensure that users have access to accurate and timely information.
