Euro to US Dollar Exchange rates fluctuate constantly, influenced by global supply and demand dynamics. As of the latest update on 18 November 2024, the buying exchange rate for 1 Euro stands at USD 0.94 in the open market, with the selling exchange rate also at USD 0.94.
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 various other currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.54 | 1.54 |
| British Pound (GBP) | 0.79 | 0.79 |
| Canadian Dollar (CAD) | 1.40 | 1.40 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.94 | 0.94 |
| Japanese Yen (JPY) | 154.60 | 154.60 |
| New Zealand Dollar (NZD) | 1.70 | 1.70 |
| Swiss Franc (CHF) | 0.88 | 0.88 |
It is important to note that open market currency exchange rates may differ from those offered by banks. Banks typically charge a higher exchange rate on currencies, making it essential for consumers to stay informed about the latest rates.
This portal provides timely updates on inter-bank currency rates, ensuring that individuals have access to accurate and up-to-date information for their currency conversion needs.
