EUR to USD exchange rate
Mid-market EUR/USD — the rate banks trade with each other, before anyone adds a margin. Use it as the benchmark for any quote you are given, including ours.
Converting the other way? USD to EUR rate.
EUR to USD at a glance
Converted at the mid-market rate above. A bank pricing the same amounts would typically build in 3–4%, which is the gap a specialist desk closes.
| Euro | US Dollar |
|---|---|
| €100.00 | $116.22 |
| €250.00 | $290.55 |
| €500.00 | $581.10 |
| €1,000.00 | $1,162.20 |
| €2,500.00 | $2,905.49 |
| €5,000.00 | $5,810.98 |
| €10,000.00 | $11,621.96 |
| €25,000.00 | $29,054.90 |
| €50,000.00 | $58,109.80 |
| €100,000.00 | $116,219.61 |
What moves the EUR/USD rate
The most traded currency pair in the world and the benchmark against which FX liquidity is measured. Spreads are as tight as they get, so any meaningful margin on EUR/USD is a choice by the provider rather than a cost of trading. It moves on the policy gap between the ECB and the Federal Reserve, and on the euro area's growth relative to the US.
The EUR leg
The euro takes its direction from ECB policy and the growth gap between the euro area's largest economies, with peripheral bond spreads as a stress signal.
The USD leg
The dollar is the market's default safe haven, so it strengthens on risk-off sentiment as well as on Federal Reserve tightening — two drivers that can pull in the same direction at once.
Delivering USD
Incoming US wires are often reduced by correspondent bank fees deducted in transit; we route to avoid that where the beneficiary bank allows.
EUR/USD questions
What is the EUR/USD exchange rate today?+
The mid-market EUR/USD rate is 1.1622, meaning 1 EUR buys 1.1622 USD. This is the rate banks quote each other, before any margin is added — it is the number to compare any quote against.
Why is the rate I am offered lower than the EUR/USD mid-market rate?+
EUR/USD is one of the most liquid pairs in the market, so the underlying spread a provider pays is tiny. Almost every provider still adds a margin to the mid-market rate instead of charging a visible fee, which means the exchange rate itself is the cost — and on a pair this liquid, a rate 3-4% off mid-market is a pricing decision rather than a cost of trading.
How long does a payment in USD take to arrive?+
Incoming US wires are often reduced by correspondent bank fees deducted in transit; we route to avoid that where the beneficiary bank allows.
Can I fix a EUR/USD rate for a future payment?+
Yes. A forward contract fixes today's rate for settlement up to 24 months ahead, which removes the risk of the rate moving between agreeing a price and paying it. That is common on property purchases and scheduled supplier payments.
Get a quote
Tell us what you're moving and a specialist will come back with a live rate and next steps — usually within one business hour.