USD to EUR: current exchange rates and handy tips

Intro

Whether you are traveling, shopping online, or transferring money internationally, the exchange rate between US dollars and euros is important.

How does an exchange rate work?

Exchange rates change daily. 1 USD might be worth €0.92 today, but €0.94 tomorrow. Causes: inflation, economy, interest rates, and politics.

Example calculation

Suppose you have $100. At a rate of 1 USD = €0.92 → you get €92. With $1000, you get €920.

Handy tips

• Always check the current rate before exchanging.
• Be aware of additional costs at banks or exchange offices.
• Use a reliable online tool for quick calculations.

Use our tool

👉 With the Currency Converter, you can instantly calculate what your euros are worth in dollars (and vice versa).

Conclusion

Rates change every day. By smartly using a converter and exchanging at the right times, you save money.

Frequently Asked Questions (FAQ)

Why does the exchange rate between USD and EUR change? The exchange rate is influenced by economic factors like inflation, interest rates, and political stability in both the US and the Eurozone.

What is the best time to exchange money? There is no "best" time, but it’s wise to monitor the rate for a while. Try to exchange when the euro is strong against the dollar if you are selling dollars.

How much extra cost can I expect? Banks and exchange offices often charge a margin on top of the mid-market rate, plus sometimes a fixed transaction fee. This can range from 1% to 5% or more.