Converting US dollars to euros
Enter any dollar amount to see its value in euros at the latest ECB reference rate, with the reverse EUR to USD rate shown underneath. Because the ECB publishes all its rates against the euro, the USD to EUR figure here is the official reference rate itself, the same one used by many businesses and accountants for invoicing and bookkeeping in Europe.
Traveling to the eurozone
The euro is used in 20 EU countries, including Germany, France, Spain, Italy, the Netherlands, Portugal, Greece, Ireland, Austria, Belgium and Finland, and also in places such as Montenegro and Kosovo. When paying by card, always choose to be charged in euros rather than dollars: “dynamic currency conversion” at the terminal usually applies a much worse rate. ATMs that offer to convert for you have the same problem.
What moves EUR/USD?
EUR/USD is the most traded currency pair in the world. It moves mainly with differences in interest rates and economic outlook between the US Federal Reserve and the European Central Bank, inflation data, and global risk sentiment, when investors often buy dollars as a safe haven.
Pricing for European customers
If you sell to customers in Europe, show prices in euros and round them to attractive figures rather than converting exactly. Recalculate your margins with the Profit Margin Calculator after conversion. For other currencies, use the full Currency Converter.
Common USD to EUR amounts
The table under the converter shows your amount in several popular currencies at once. To quickly estimate euros from dollars in your head, multiply by the current rate shown under the result; for budgeting, rounding the rate to one decimal place is usually close enough. For invoices and accounting, use the exact rate and the date it was published, which the converter shows.
Reference rates in accounting
Many companies and tax authorities in Europe use the ECB reference rate of a specific date to convert foreign-currency invoices into euros for their books. If your accountant asks which rate you used, note the date shown under the converter result. Rates are published once per working day, so invoices issued at the weekend normally use Friday’s rate.
Buying from US stores
When buying from a US online store, remember that the price in dollars usually excludes sales tax and may exclude import VAT and duties for delivery into the EU. Converting the price gives you only the starting point; add VAT at your country’s rate and any shipping costs to compare with local prices.
Frequently asked questions
Is this the official euro exchange rate?
Yes. It uses the euro foreign exchange reference rates published by the European Central Bank every working day.
How do I convert euros to dollars?
Press the ⇄ button to swap the currencies, or read the reverse rate shown under the result.
Is this rate good for card payments in Europe?
Card networks use rates very close to the reference rate, but your bank may add a foreign transaction fee of 1–3%. Choose to pay in euros when a terminal asks, to avoid poor conversion rates.