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 27 October 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 convert currency at the most favorable rates.

Here is a snapshot of the current exchange rates for Euro against the US Dollar and other major currencies:

Currency Buying Rate Selling Rate
Euro (EUR) 0.93 0.93
Australian Dollar (AUD) 1.51 1.51
British Pound (GBP) 0.77 0.77
Canadian Dollar (CAD) 1.39 1.39
Chinese Yuan (CNY) 7.12 7.12
Japanese Yen (JPY) 152.95 152.95
New Zealand Dollar (NZD) 1.67 1.67
Swiss Franc (CHF) 0.87 0.87

It's important to note that open market currency exchange rates may differ from those offered by banks. Banks often apply a higher exchange rate, which can impact the overall conversion value. Keeping track of inter-bank currency rates can help individuals and businesses stay informed about the latest market trends.

For the most up-to-date exchange rates and reliable information on currency conversions, 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 accurate and timely information for their financial transactions.

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
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.