Euro to US Dollar Exchange rates fluctuate constantly, influenced by global supply and demand dynamics. As of 20 December 2024, the buying exchange rate for 1 Euro stands at USD 0.96 in the open market, with the selling exchange rate also at USD 0.96.
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 to USD and other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Euro (EUR) | 0.96 | 0.96 |
| Australian Dollar (AUD) | 1.60 | 1.60 |
| British Pound (GBP) | 0.80 | 0.80 |
| Canadian Dollar (CAD) | 1.43 | 1.43 |
| Chinese Yuan (CNY) | 7.30 | 7.30 |
| Japanese Yen (JPY) | 156.46 | 156.46 |
| New Zealand Dollar (NZD) | 1.77 | 1.77 |
| Swiss Franc (CHF) | 0.89 | 0.89 |
It's important to note that open market currency exchange rates can differ from those offered by banks. Banks often apply a higher exchange rate, which may result in additional costs for customers. Keeping track of inter-bank currency rates can help individuals and businesses secure better deals when converting currencies.
Stay informed with the latest updates on currency exchange rates through the country's top currency rates portal. Regular updates on inter-bank rates are provided to ensure that individuals have access to accurate and timely information for their currency conversion needs.
