Euro to US Dollar Exchange rates fluctuate constantly, influenced by global supply and demand dynamics. As of the latest update on 20 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 conversion rates.
Here is a snapshot of the current exchange rates for Euro against other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.49 | 1.49 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.36 | 1.36 |
| Chinese Yuan (CNY) | 7.22 | 7.22 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 155.76 | 155.76 |
| New Zealand Dollar (NZD) | 1.63 | 1.63 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
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 cost.
Stay informed with the latest inter-bank currency rates provided by the country's top currency rates portal. Regular updates on exchange rates can help individuals and businesses navigate the complexities of currency conversion more effectively.
