Euro to US Dollar Exchange rates fluctuate constantly, influenced by global supply and demand dynamics. As of the latest update on 29 July 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 convert currency at the most favorable rates.
Here is a snapshot of the current exchange rates for Euro against various other currencies:
| Currency | Buying | Selling |
|---|---|---|
| Australian Dollar (AUD) | 1.53 | 1.53 |
| British Pound (GBP) | 0.78 | 0.78 |
| Canadian Dollar (CAD) | 1.39 | 1.39 |
| Chinese Yuan (CNY) | 7.26 | 7.26 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 153.84 | 153.84 |
| New Zealand Dollar (NZD) | 1.70 | 1.70 |
| Swiss Franc (CHF) | 0.89 | 0.89 |
It's important to note that open market currency exchange rates can differ from those offered by banks. Banks often apply a higher exchange rate, which may result in additional costs for customers. Keeping track of inter-bank currency rates can help individuals and businesses secure better deals when converting currencies.
Stay informed with the latest updates on currency exchange rates to make informed decisions and optimize your financial transactions.
