Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News

Euro To USD Exchange Rate Fluctuates Based On Supply, Demand

Exchange rates fluctuate due to global supply and demand dynamics.

Euro to US Dollar Exchange rates fluctuate constantly, influenced by global supply and demand dynamics. As of the latest update on 16 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 the current exchange rates is crucial to ensure optimal currency conversion. The table below provides a snapshot of the EUR to USD exchange rates along with rates for other major currencies:

Currency Buying Selling
Euro (EUR) 0.93 0.93
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) 157.55 157.55
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, with banks typically charging higher rates. Keeping track of inter-bank currency rates can help individuals make informed decisions when converting currencies.

Stay informed with the latest currency exchange rates through our portal, which provides timely updates on various currency pairs. Whether you are a frequent traveler, a business owner, or simply interested in global finance, having access to accurate exchange rate information is essential in today's interconnected world.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.