Euro to US Dollar Exchange rates fluctuate constantly, influenced by global supply and demand dynamics. As of 3 November 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 various other currencies:
| Currency | Buying | Selling |
|---|---|---|
| Australian Dollar (AUD) | 1.52 | 1.52 |
| British Pound (GBP) | 0.77 | 0.77 |
| Canadian Dollar (CAD) | 1.39 | 1.39 |
| Chinese Yuan (CNY) | 7.12 | 7.12 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 152.29 | 152.29 |
| New Zealand Dollar (NZD) | 1.67 | 1.67 |
| Swiss Franc (CHF) | 0.87 | 0.87 |
It's important to note that open market currency exchange rates may differ from those offered by banks. Banks typically apply a higher exchange rate, potentially resulting in additional costs for customers. Keeping track of inter-bank currency rates can help individuals and businesses stay informed about the latest developments in the foreign exchange market.
