The live euro-to-dollar rate, updated every minute. Book EUR→USD with SummitFX on WhatsApp — same-day USD settlement when you transact during the European trading day.
Use the tabs to view the last week, month, year, or five years of daily closing rates. The shaded band shows the high-low range for the period — a quick visual read on volatility.
Type in either box — enter a EUR amount to see what you'd get in USD, or enter a target USD amount to see how many euros you'd need. Calculated at the live mid-market rate shown above.
Note: The rate shown is the live mid-market rate. Your actual executable rate includes a small spread — typically 0.2–0.5% at SummitFX vs 2–4% at a UK high street bank. We'll always show the full breakdown before you book.
EUR/USD is the world's most-traded currency pair, accounting for around 25% of global FX volume. The pair moves on the relative paths of the European Central Bank and the Federal Reserve, eurozone versus US economic data, and global capital flows between the world's two largest economic blocs. Because USD is the global reserve currency and EUR is the second-most-held reserve currency, EUR/USD is also a barometer for global risk sentiment — though much less so than commodity-linked or emerging market currencies.
European Central Bank policy: The ECB sets eurozone interest rates (deposit rate 2.0% in early 2026, after eight cuts between June 2024 and June 2025). The ECB-Fed policy gap is the dominant day-to-day driver of EUR/USD. Christine Lagarde's post-meeting press conferences are watched obsessively for tone and forward guidance — often moving the pair more than the rate decision itself.
Eurozone HICP: Eurozone Harmonised Index of Consumer Prices (HICP) drives ECB rate expectations. The ECB's 2% inflation target is the benchmark — meaningful overshoots or undershoots shift rate expectations and, with them, EUR/USD.
German and French data: Germany and France together account for roughly half of eurozone GDP. German ZEW, Ifo, and industrial production prints, plus French PMIs, disproportionately drive the euro. German weakness in particular weighs on EUR.
Eurozone sovereign spreads: The spread between German Bunds and peripheral eurozone sovereign yields (Italy, Spain, France) is a stress gauge. Widening spreads suggest fragmentation risk and tend to weaken the euro against the dollar.
EU political risk: Elections in major member states, fiscal-rule disputes, and anything that threatens eurozone cohesion adds a risk premium. Recent French political uncertainty is a textbook example of domestic politics moving the pair.
Federal Reserve policy: The Fed sets US interest rates and is the single most influential central bank in global FX. Decisions, the quarterly dot plot, and Jerome Powell's press conferences are the biggest scheduled USD events. The Fed's reaction function — how it weighs inflation versus employment — matters as much as the current rate level.
US CPI and PCE: US inflation data drives Fed expectations. Monthly CPI is one of the two or three biggest FX events globally. PCE (the Fed's preferred inflation measure) matters more for the actual policy path than for immediate market reactions.
Non-farm payrolls: The first-Friday monthly US jobs report is arguably the biggest scheduled event on the FX calendar. Strong payrolls support the dollar; weakness undermines it. Unemployment and average hourly earnings are watched alongside the headline number.
US Treasury yields: The 10-year Treasury is a real-time gauge of dollar demand. Rising yields pull global capital into dollars and push USD stronger against EUR. The Bund-Treasury spread is one of the most-watched correlated indicators for the pair.
Safe-haven flows: When global risk appetite drops, capital flees to USD as the world's most liquid safe asset. These episodes typically push EUR/USD lower. EUR is also a reserve currency but ranks well below USD in safe-haven demand.
The EU and US are each other's largest trading partners outside the bloc. Bilateral trade in goods and services exceeds $1.5 trillion annually, making this one of the largest economic relationships in human history. Beyond trade, the EU-US investment corridor carries trillions in cross-border FDI, portfolio investment, and corporate cash flow. EUR/USD's deep liquidity reflects this — institutional flows from European corporates, US multinationals, central banks, and global asset managers all converge in this single pair, generating tight spreads and constant two-way demand.
EUR→USD settles via SWIFT through our US correspondent network. Time-zone alignment is favourable — European morning bookings reach US recipient banks during the US business day, making same-day delivery routine for most pairings.
Three things most commonly cause EUR→USD transfers to slip past same-day:
Late EUR funding. Our cutoff is 15:00 UK time for same-day USD release. SEPA Credit Transfer typically takes a few hours bank-to-bank; SEPA Instant credits within seconds. If your sending bank only offers standard SEPA, initiate the transfer the day before or early in the morning to ensure EUR arrives in time for the cutoff.
Receiving bank processing windows. Some US regional banks only post incoming SWIFT wires twice a day or only during US business hours. A wire released from Europe at 15:30 UK (10:30 New York) usually arrives mid-afternoon New York time — but a smaller bank might only process it the following US business day.
US federal holidays. Fed holidays close the Fedwire system entirely and delay SWIFT USD processing even if European markets are open. Mid-July (Independence Day), late November (Thanksgiving), and mid-January (MLK Day) are the usual suspects that catch people out when scheduling payments.
For tight USD deadlines — closing fees, invoice deadlines, payroll runs — we recommend booking the day before and letting the wire land in the US morning. Forward contracts work well for ongoing transatlantic supplier or salary arrangements, and for hedging known future USD obligations.
EUR/USD is the corridor for eurozone residents and businesses with meaningful USD obligations, plus anyone exposed to US assets, income, or supply chains. Common use cases:
European companies sourcing software licences, branded goods, machinery, or professional services from US vendors. Most US invoices are USD-denominated, making this one of the most common B2B use cases globally. Tight spreads on recurring flow add up materially over a year.
European entities of US-headquartered companies funding US parent dividends, intercompany payments, or repatriation flows. Treasury teams often use forward contracts to fix the EUR cost of scheduled USD obligations across a financial year.
European buyers — particularly French, German, Italian, and Dutch — purchasing US property in Florida, New York, California, and emerging markets like Texas and the Carolinas. US closing timelines vary widely; forward contracts protect against rate moves during contract-to-completion periods.
European residents holding USD-denominated stocks, ETFs, or US Treasuries through brokerages. Topping up accounts in EUR incurs a bank FX markup unless you convert in advance through a broker and wire USD directly.
European families with children studying at US universities face annual fee schedules in USD. Tuition payments are predictable enough to make forwards an obvious fit — lock in today's EUR/USD rate for next semester's fees.
European residents with US filing requirements (green card holders, dual nationals, US citizens abroad). IRS deadlines are fixed; rate alerts let you pay in USD at a favourable rate rather than at the deadline.
You can convert euros to dollars through your bank, through a transfer app, or through a broker. EUR/USD is the world's most liquid pair — meaning broker spreads stay extremely tight, and the gap between bank and broker pricing shows up immediately on any meaningful trade size.
Everything clients typically ask about sending euros to US dollars. Still have questions? Message us on WhatsApp — a real dealer, not a bot, will reply.
We never forecast — but the chart above puts today's rate in context. EUR/USD is widely watched and analysed; if the pair is near its 30-day high, you're getting more dollars per euro than the monthly average. The pair tracks ECB-Fed policy divergence and global risk sentiment, so timing is largely a macro call. Rate alerts let you set a target and wait passively.
European banks typically mark up EUR/USD by 2–4% for retail customers. SummitFX spreads are 0.2–0.5% depending on size. On a €500,000 transfer that's a saving of €7,500–€17,500 in your favour — material on any large-scale flow.
Book and fund by 15:00 UK time on a business day and USD typically lands in your beneficiary's US account the same business day — most commonly in the US afternoon. Allow a few hours for first-time beneficiaries or larger amounts, T+1 if you book late or on a non-business day.
Yes. A forward contract fixes today's rate for delivery up to 24 months ahead. You pay a deposit (typically 5–10% of the trade) upfront and settle the balance on the delivery date. Common for European corporate treasuries, scheduled USD supplier payments, and US property completions.
No hard minimum — we handle trades from €500 to €5m+. Below around €5,000 the spread widens slightly to cover fixed execution costs. For recurring smaller payments, market orders or standing arrangements work better than ad-hoc bookings.
The rate shown on Google, XE, or the chart above is the mid-market rate — the midpoint of interbank buy and sell quotes. Nobody gets exactly that rate; providers add a margin. Banks typically 2–4%, Wise around 0.3–0.5% on this most-liquid pair, SummitFX 0.2–0.5% — with our clients also getting a named dealer and WhatsApp access.
Yes, always. This page streams the live rate continuously, and you can get a full quote on WhatsApp anytime by sending 'quote' — we reply in seconds with a live rate and the full breakdown on a specified amount. Zero obligation to book.
Your rate is locked the moment you reply CONFIRM on a quote. Even if the pair swings 1% before your EUR clears to us, the rate you receive stays exactly as booked. EUR/USD moves on every major piece of US or eurozone economic data; locking in advance protects you from this volatility on time-sensitive payments.
Message us on WhatsApp and we'll have a live executable rate back in seconds.