EUR/USD: the world's most traded currency pair
The euro to US dollar rate is the most traded exchange rate in the world. It moves with interest rate decisions by the European Central Bank and the US Federal Reserve, economic data from both regions and global risk sentiment. When the rate rises, a euro buys more dollars, and European goods get more expensive for Americans.
Quick conversion tips
- To estimate in your head, round the rate. At about 1.10, add 10% to euros to get dollars: €50 ≈ $55.
- For dollars to euros at the same rate, take off about 9%: $100 ≈ €91.
- Use a card with no foreign transaction fees in Europe, and choose to pay in euros.
More conversions: all currencies and dollars to pesos. Shopping abroad? See prices with tax using the sales tax calculator.
Last reviewed October 2026.
Frequently asked questions
What is the euro to dollar exchange rate today?
The converter shows the latest EUR to USD reference rate from the European Central Bank, published every working day. Enter any amount to convert it instantly.
Which countries use the euro?
The euro is the official currency of 21 European Union countries, including Germany, France, Italy, Spain, the Netherlands, Belgium, Austria, Portugal, Ireland, Greece, Finland and, since January 2026, Bulgaria. Some non-EU places such as Montenegro and Kosovo also use it.
How do I convert euros to dollars by hand?
Multiply the euros by the EUR to USD rate. If 1 euro = 1.10 dollars, then €250 × 1.10 = $275. To convert dollars to euros, divide by the same rate.
Why does the rate I get at the bank differ?
This is the mid-market reference rate. Banks and exchange services add a margin, often 1% to 5%, and sometimes a fee. Compare their rate with this one to see the true cost.
Is it better to pay in euros or dollars when traveling in Europe?
Pay in euros. When a card terminal offers to charge you in dollars ("dynamic currency conversion"), the rate is usually much worse than your card network's rate.