Euro to US Dollar Exchange rates fluctuate constantly, influenced by global supply and demand dynamics. As of the latest update on 17 June 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 to secure the best possible conversion rates.
Here is a snapshot of the current exchange rates for Euro against various other currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.51 | 1.51 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.26 | 7.26 |
| Japanese Yen (JPY) | 157.70 | 157.70 |
| New Zealand Dollar (NZD) | 1.63 | 1.63 |
| Swiss Franc (CHF) | 0.89 | 0.89 |
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 margin, which can impact the overall conversion cost.
For the most up-to-date and accurate currency exchange rates, individuals can refer to the country's top currency rates portal. Regular updates on inter-bank currency rates are provided to ensure that users have access to the latest information for their financial transactions.
