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TabBench

Dollar to Euro — USD to EUR

Convert US Dollar (USD) to Euro (EUR) at today’s live mid-market exchange rate. Enter any amount, or swap the direction to convert back.

Fetches live exchange rates. The amounts you type are never sent.

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About the dollar to euro rate

EUR-USD is the most heavily traded currency pair on the planet, accounting for roughly a fifth of all foreign exchange turnover. Its liquidity means spreads are the tightest available anywhere, and the mid-market rate is unusually close to what large players actually transact at.

The pair moves mainly on the interest-rate gap between the US Federal Reserve and the European Central Bank. When one is expected to cut or raise before the other, this rate is where that expectation shows up first.

Frequently asked questions

What is the dollar to euro rate today?

The live mid-market rate is shown in the converter above and refreshes daily. Mid-market is the midpoint of the interbank market — the rate banks quote each other — so it is the benchmark to compare offers against rather than the rate you will personally receive.

Why does my bank give a worse USD to EUR rate?

Retail providers add a margin to the mid-market rate, typically 1–4% for a bank transfer and 0.5–2% on a card, sometimes with a fixed fee on top. That spread is where most of their revenue on a conversion comes from, which is why a "zero fee" offer can still be the more expensive one.

How do I convert EUR back to USD?

Press the swap button in the converter above. The reverse rate is shown beneath the result at all times.

How often is this rate updated?

The providers refresh roughly once a day, and the exact timestamp is shown under the converter. That is appropriate for budgeting and comparing offers, but it is not a live trading feed.

Why is this the most traded currency pair?

It links the world's two largest reserve currencies, so it carries the deepest liquidity of any pair. That depth is why the spread between buying and selling is normally the tightest you will find anywhere.

What moves this rate most?

The interest-rate gap between the US Federal Reserve and the European Central Bank. When one is expected to move rates before the other, this pair usually reprices well ahead of the actual decision.