How to read EUR to USD
EUR to USD is the number of USD (US Dollar) that 1 EUR (Euro) buys. The opposite direction is USD to EUR.
The European Central Bank publishes euro foreign exchange reference rates, each one quoting a currency against the euro, so EUR to USD is the published figure itself. The rate for this pair is USD per EUR, as published.
Who converts EUR to USD
Euros to US dollars is the mirror image of the dollar to euro conversion. It is used by Europeans who shop on American websites, by travellers heading to the United States, by businesses that invoice in dollars and by people who hold US assets. Because the ECB quotes its rates per euro, this is the most direct form of the reference rate with the euro as the starting currency.
Facts about this pair
- EUR is ISO 4217 code 978 and USD is code 840; the three letter codes are what the converter and the ECB use to tell currencies apart.
- Both currencies are written with 2 decimal places in ISO 4217, so a result in USD is rounded to 2 decimal places.
- The reverse pair is the reciprocal: the USD to EUR rate is 1 divided by the EUR to USD rate, apart from rounding.
Prices in the euro area include value added tax in the tag price, while American prices usually leave sales tax to the till. Comparing a European sticker price with a US one therefore needs care. Convert the euro price, then add US sales tax if you are comparing with a shop in the United States.
The Euro and the US Dollar
| Detail | Euro | US Dollar |
|---|---|---|
| ISO code | EUR | USD |
| Symbol | € | $ |
| Central bank | The European Central Bank and the national central banks of the euro area (the Eurosystem) | The Federal Reserve System |
| Minor unit | cent, 1/100 of the main unit | cent, 1/100 of the main unit |
| Used in | The member states of the euro area, and a few European microstates and territories by agreement | The United States and its territories, and it is official or widely used in some other economies such as Ecuador and El Salvador |
The ECB reference rates used on this page are quoted against the euro, which is why the euro pairs are the most direct ones. It is the most widely held reserve currency, and many commodities, including crude oil, are priced in it.
Getting a fair rate on EUR to USD
Prices in the United States usually exclude sales tax, which is added at the till and varies by state. Convert the shelf price on this page, then add the local tax and your card's foreign transaction fee for a realistic final cost.
If you are planning a long stay in the United States, think about how you will pay for recurring items such as rent and phone plans. A US bank account or a card that charges no foreign fee can save repeated conversions. For a short trip, a travel card loaded in advance is a common choice, but check its fees for loading, spending and withdrawing cash before you rely on it.
Because the euro is the base of the reference rates, the figure shown is the number of dollars per 1 euro. Check which direction another source uses: dollars per euro and euros per dollar are reciprocals, not the same number.
Where the rate comes from
The rate loads in your browser from Frankfurter, which republishes European Central Bank reference rates. They are published on working days for information only, and a bank is not obliged to deal at them. If the service cannot be reached the page shows no number, except a rate saved in your browser within six hours, marked as cached. How the rates work is explained on the currency pairs page. Nothing here is financial advice.
FAQ
What does EUR to USD mean?
It is the number of US dollars you receive for one euro. Multiply a euro amount by the rate to get dollars.
Why does the euro to dollar rate change daily?
Currency markets react to interest rates, economic data and many other factors. The ECB publishes a fresh reference rate on each working day, and the converter always uses the latest one.
Is the ECB reference rate a trading price?
No. It is published for information and is not intended for transactions. Real trading prices differ slightly and move constantly during the day.
Can I convert a large amount here?
Yes. The converter accepts large amounts and shows the result with the proper number of decimals, but large transfers should be priced with your provider.
More currency pairs
Other pairs on this site, each with its own latest rate and notes:
- USD to EUR: the same exchange read the other way.
- EUR to GBP: another way to spend EUR.
- AUD to USD: another route into USD.
- GBP to USD: another route into USD.
- CNY to USD: another route into USD.
- JPY to USD: another route into USD.
- CAD to USD: another route into USD.
- GBP to EUR: a related pair.
- All currency pairs: the full list.
- Currency converter: choose any two of the supported currencies.