Euro to US Dollar exchange rates are constantly fluctuating, influenced by global supply and demand dynamics. As of the latest update on 23 January 2025, the buying exchange rate for 1 Euro stands at USD 0.96 in the open market, with the selling exchange rate also at USD 0.96.
For individuals or businesses involved in international transactions, understanding the current exchange rates is crucial for making informed decisions when converting currencies. This information can help in securing the best possible rates for currency conversions.
Here is a snapshot of the exchange rates for Euro against other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.59 | 1.59 |
| British Pound (GBP) | 0.81 | 0.81 |
| Canadian Dollar (CAD) | 1.44 | 1.44 |
| Chinese Yuan (CNY) | 7.29 | 7.29 |
| Japanese Yen (JPY) | 156.17 | 156.17 |
| New Zealand Dollar (NZD) | 1.76 | 1.76 |
| 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, with banks typically charging higher exchange rates. Keeping track of inter-bank currency rates can help individuals and businesses make more cost-effective currency exchanges.
Stay informed with the latest updates on currency exchange rates through the country's top currency rates portal, which provides up-to-date information on various currency pairs. By staying informed, you can make better decisions when it comes to currency conversions and international transactions.
