Euro to US Dollar Exchange rates fluctuate constantly, influenced by global supply and demand dynamics. As of the latest update on 31 October 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 convert currency at the most favorable rates available.
Here is a snapshot of the current exchange rates for Euro against various other currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.52 | 1.52 |
| British Pound (GBP) | 0.78 | 0.78 |
| Canadian Dollar (CAD) | 1.39 | 1.39 |
| Chinese Yuan (CNY) | 7.12 | 7.12 |
| Euro (EUR) | 0.92 | 0.92 |
| Japanese Yen (JPY) | 151.87 | 151.87 |
| New Zealand Dollar (NZD) | 1.67 | 1.67 |
| Swiss Franc (CHF) | 0.86 | 0.86 |
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge higher exchange rates on currencies, making it essential for consumers to stay informed about the latest rates.
For the most up-to-date information on inter-bank currency rates, individuals can refer to the country's top currency rates portal, which provides timely updates on exchange rates. Keeping track of these rates can help individuals and businesses optimize their currency conversions and transactions.
