Euro to Dollar Converter
The exchange rate between euro and dollar changes every trading day. The rate field autofills with the current rate, based on the European Central Bankโs daily reference rate, but you can always override it yourself.
Result
Fill in the fields to see your result.
Formula
Amount in dollars = amount in euros ร exchange rate
A simple multiplication. The ECB publishes a reference rate every working day around 16:00 CET based on a market survey; this calculator uses that rate as its starting point.
Worked examples
โฌ 100 at a rate of 1.08
โ $ 108.00.
Common mistakes
- Using the ECB reference rate for an actual money exchange; banks and exchange offices almost always add a margin.
Important to know
- This rate is the official ECB reference rate, not the rate your bank or exchange office uses. Expect a margin on an actual transaction.
When to use it
- Translating a dollar price to euros before a purchase.
Frequently asked questions
How often is the rate updated?
The ECB publishes a reference rate once per working day; this calculator caches that rate for an hour to limit the number of requests.
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