1 USD to EUR - Convert US Dollar to Euro

Over the last 7 days, the USD to EUR exchange rate moved between 0.836800 and 0.879400. The average rate for the week was 0.856892, with a volatility of 1.83%. The US Dollar strengthened against the Euro by 0.8% during this period.

Looking at the 30-day window, the USD/EUR pair traded in a range of 0.838500 to 0.887800. The monthly average was 0.857850 with 1.62% volatility. This downward movement of 2.2% suggests significant momentum in the USD/EUR exchange rate.

The current mid-market exchange rate is 1 USD = 0.859836 EUR, updated as of June 3, 2026, 11:51 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.

US Dollar to Euro Exchange Rate

USD/EUR is the reverse side of the world's most traded currency pair. Every year, millions of Americans travel to Europe, buy from European retailers, or send money to family across the Atlantic. The rate tells you how many euros you get for each dollar, and even a small shift can change what a vacation or a business deal actually costs.

Why the Dollar Buys Fewer Euros Than You Think

Most people assume one dollar should be worth about one euro, but the rate has spent most of its history below 1.00. That means a dollar buys less than a full euro. In the early 2000s a dollar could get you around 1.15 euros, but by 2008 it had dropped to just 0.63 euros. Today the rate sits somewhere in between, driven by the gap between Federal Reserve and European Central Bank interest rates. When the Fed runs higher rates than the ECB, the dollar gains ground. When Europe tightens faster, the euro wins.

What Drives the USD/EUR Rate

Federal Reserve policy is the single biggest factor. Rate hikes strengthen the dollar, rate cuts weaken it. On the European side, ECB decisions, Eurozone GDP data, and inflation reports from Germany and France carry the most weight. Energy prices also matter since Europe imports most of its oil and gas, making the euro sensitive to supply disruptions.

What a Conversion Really Costs

If you are converting dollars to euros through a bank, expect to lose 1-3% compared to the mid-market rate on this page. On $5,000 that is $50 to $150 gone before it reaches the other side. Credit card foreign transaction fees add another 1-3% on top. Online transfer services usually offer rates within 0.5-1% of mid-market, saving you real money on anything above a few hundred dollars.

How to Get the Best USD to EUR Rate

Check the mid-market rate here before you do anything. Then compare it with what your bank or transfer service is quoting. The percentage gap is your real cost. For travel, use a credit card with no foreign transaction fees instead of exchanging cash. For larger transfers, online services almost always beat the bank.