Euro to US Dollar Exchange rates fluctuate constantly, influenced by global supply and demand dynamics. As of the latest update on 8 August 2024, the buying exchange rate for 1 Euro stands at USD 0.92 in the open market, with the selling exchange rate also at USD 0.92.
For individuals or businesses involved in international transactions, understanding currency exchange rates is crucial. This information can help in making informed decisions to secure the best possible rates when converting currencies.
Here is a snapshot of the current exchange rates for Euro against other major currencies:
| Currency | Buying | Selling |
|---|---|---|
| Australian Dollar (AUD) | 1.52 | 1.52 |
| British Pound (GBP) | 0.78 | 0.78 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.17 | 7.17 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 147.28 | 147.28 |
| New Zealand Dollar (NZD) | 1.66 | 1.66 |
| Swiss Franc (CHF) | 0.87 | 0.87 |
It is 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 cost of currency conversion.
For the most up-to-date information on inter-bank currency rates, individuals can refer to the country's top currency rates portal. Regular updates on exchange rates are provided to ensure that individuals have access to accurate and timely information for their currency conversion needs.
