Euro to US Dollar Exchange rates fluctuate constantly, influenced by global supply and demand dynamics. As of the latest update on 11 May 2024, the buying exchange rate for 1 Euro stands at USD 0.93 in the open market, with the selling exchange rate also at USD 0.93.
For individuals or businesses involved in international transactions, understanding currency exchange rates is crucial. This information can help in making informed decisions when converting currencies to get the best possible rates.
Here is a snapshot of the current exchange rates for Euro against other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.51 | 1.51 |
| British Pound (GBP) | 0.80 | 0.80 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.23 | 7.23 |
| Euro (EUR) | 0.93 | 0.93 |
| Japanese Yen (JPY) | 155.79 | 155.79 |
| New Zealand Dollar (NZD) | 1.66 | 1.66 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It's important to note that open market currency exchange rates can differ from those offered by banks. Banks often charge higher exchange rates, so individuals should stay informed about the latest inter-bank currency rates to ensure they are getting the best deal.
Stay updated with the country's top currency rates portal for the most current exchange rate information. Regular updates on inter-bank currency rates are provided to help individuals and businesses navigate the complex world of currency exchange.
