1 EUR to USD - Convert Euro to US Dollar

Over the last 7 days, the EUR to USD exchange rate moved between 1.1171 and 1.1591. The average rate for the week was 1.1424, with a volatility of 1.13%. The Euro strengthened against the US Dollar by 1.2% during this period.

Looking at the 30-day window, the EUR/USD pair traded in a range of 1.1266 to 1.1820. The monthly average was 1.1583 with 1.42% volatility. The relatively low volatility indicates stable trading conditions for the EUR/USD currency pair.

The current mid-market exchange rate is 1 EUR = 1.1630 USD, updated as of June 3, 2026, 11:41 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Euro to US Dollar Exchange Rate

EUR/USD is the most traded currency pair in the world, making up roughly 20-25% of all daily forex volume. The Euro, used by 20 EU member states, and the US Dollar, the global reserve currency, form a pair that matters to everyone from international businesses to tourists exchanging cash at the airport. Hundreds of billions of dollars move through this market every day, which keeps spreads tight and pricing transparent for anyone looking to convert between the two.

What a 1-Cent Move Actually Means

When EUR/USD moves just one cent, say from 1.08 to 1.09, it sounds small. But at the scale this pair trades, a single cent shift moves over $6 billion in value across open positions worldwide. For a European company that invoices $50 million a year in the US, that one-cent move changes their annual revenue by roughly $500,000 when converted back to Euros. Even for an individual sending 10,000 EUR to a family member in the US, one cent means about $100 more or less in the recipient account. The numbers add up faster than most people expect.

What Drives the EUR/USD Exchange Rate

Interest rate decisions from the European Central Bank and the US Federal Reserve are the biggest movers. When the Fed hikes rates and the ECB holds, the Dollar tends to gain ground because investors chase higher yields. Economic data like US jobs reports, inflation numbers on both sides, and GDP figures can swing the rate within minutes of release. Trade policy, energy prices, and political developments in either region add to the mix.

What a Conversion Really Costs

Banks and transfer services almost never give you the mid-market rate you see on this page. They add a markup, usually between 0.5% and 4%, and that is where they make their money. On a 10,000 EUR transfer, a 2% markup means about 230 USD less in the recipient account. Airport counters are the worst offenders, often charging 5% or more. Online transfer services tend to stay within 0.5-1% of the mid-market rate, making them the cheapest option for most people.

How to Get the Best EUR to USD Rate

Check the live mid-market rate on this page before you convert anything. Then compare it to the rate your bank or provider is offering. The gap between those two numbers is what you are actually paying, regardless of what they call it. Avoid converting at airports or hotels. If you are sending a large amount, even a 0.5% difference in the rate can save you hundreds of dollars.