The live dollar-to-euro rate, updated every minute. Book USD→EUR with SummitFX on WhatsApp — we accept incoming USD via SWIFT and settle EUR via SEPA or SEPA Instant.
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 USD amount to see what you'd get in EUR, or enter a target EUR amount to see how many dollars 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.
USD/EUR is the mirror of EUR/USD — read from the dollar side. The pair moves on the relative paths of the Federal Reserve and the European Central Bank, US versus eurozone economic data, and global capital flows. As USD is the world's reserve currency and EUR the second-most-held, USD/EUR reflects relative monetary policy expectations more than independent risk sentiment — though dollar safe-haven flows do influence the pair in stress episodes.
Federal Reserve policy: The Fed sets US interest rates and is the single most influential central bank globally. Decisions, the quarterly dot plot, and Jerome Powell's press conferences are the biggest scheduled USD events. Markets watch the Fed's reaction function — how it weighs inflation versus employment — as much as the current rate level.
US CPI and PCE: US inflation data drives Fed expectations. Monthly CPI is one of the most-watched FX events globally. PCE (the Fed's preferred inflation gauge) matters more for the actual policy path than for immediate market reactions on release day.
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 cleaner real-time gauge of dollar demand than the Fed's policy rate. Rising yields pull global capital into dollar assets, pushing USD stronger against EUR. Bund-Treasury spreads are watched closely.
Safe-haven flows: When global risk appetite drops, capital flees to USD. These episodes push USD/EUR higher. While EUR is also a reserve currency, USD's primacy in safe-haven flows is well-established.
European Central Bank policy: The ECB sets eurozone interest rates (deposit rate 2.0% in early 2026). When the ECB holds or tightens relative to the Fed, EUR strengthens against USD. Christine Lagarde's post-meeting press conferences are watched closely for tone — often the wording moves the pair more than the rate decision itself.
Eurozone HICP: HICP readings drive ECB rate expectations. The ECB's 2% inflation target is the benchmark — a meaningful overshoot or undershoot pushes rate expectations and, with them, USD/EUR.
German and French data: The two largest eurozone economies account for roughly half of euro-area GDP. German ZEW, Ifo, and industrial production prints, plus French PMIs and consumption data, disproportionately drive the euro.
Sovereign spreads: The spread between German Bunds and peripheral eurozone sovereign yields (Italy, Spain) 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. The 2024-2025 French political uncertainty is a recent example of domestic politics moving the pair.
The US and EU are each other's largest trading partners outside their respective blocs. Bilateral trade in goods and services exceeds $1.5 trillion annually, alongside trillions more in cross-border investment, portfolio holdings, and corporate cash flow. The corridor's institutional density — central banks, sovereign wealth funds, asset managers, multinationals — makes USD/EUR the world's deepest pair. For SummitFX clients, the corridor generates significant flow from US-based businesses paying European suppliers, US residents with European property or family, and US-headquartered companies funding European operations.
USD→EUR settles in two legs: your USD arrives via SWIFT, we convert, and we pay out EUR via SEPA or SEPA Instant. Time-zone alignment is favourable — US morning bookings reach Europe before the European banking day ends, making same-day delivery routine for most pairings.
Three things most commonly cause USD→EUR transfers to miss same-day settlement:
Late USD arrival. Our cutoff is 14:00 UK time for same-day EUR settlement. SWIFT USD wires can take anywhere from a few hours to a full US business day to arrive, depending on the sending bank's cutoff and intermediary chain. Sending in the US morning gives the best chance of same-day European settlement.
Intermediary bank holds. SWIFT wires sometimes route through a correspondent bank before reaching us. These intermediaries occasionally hold wires for compliance review, especially on larger amounts or unfamiliar senders. Standard delays are a few hours; longer holds are rare but can push settlement to T+1.
US or EU bank holidays. If the Fed is closed, SWIFT USD processing stalls. If TARGET2 (the EU large-value system) is closed for a Europe-wide holiday, EUR settlement is delayed. Christmas, New Year, and certain national holidays affect each side independently — plan around both calendars.
For tight EUR deadlines — European property completions, invoice deadlines, supplier payments — we recommend coordinating with the US sender to initiate the wire in their morning. Forward contracts are commonly used for US corporates with ongoing European obligations.
USD/EUR is the corridor for US residents and businesses with meaningful EUR obligations, plus anyone with European property, family, business interests, or income. Common use cases:
US buyers purchasing property in France, Spain, Italy, Portugal, and other eurozone destinations. European conveyancing timelines vary by country (often 2-4 months); forward contracts protect deal economics from currency moves during the closing period.
US companies sourcing goods or services from European vendors — common in pharmaceuticals, automotive parts, professional services, and luxury goods. Tight spreads on recurring flow protect margin. Treasury teams often use forwards to fix the USD cost of scheduled EUR obligations.
US residents with family members in Europe — students, retirees, dependants. Recurring monthly transfers benefit from market orders or standing arrangements rather than ad-hoc bookings at variable rates.
US residents drawing European pension income, receiving European rental income, or holding EUR-denominated investments. Regular USD-from-EUR repatriation flows for living expenses, tax obligations, or US-based investment top-ups.
US-headquartered companies funding European operations — payroll, supplier payments, intercompany transfers. Treasury hedging via forwards is standard practice for predictable EUR outflows.
Europeans who lived in the US returning home, transferring USD savings, US property sale proceeds, or 401(k) distributions back to EUR. Large one-off transfers where broker spreads vs bank spreads can save thousands.
You can convert dollars to euros through your bank, through a transfer app, or through a broker. USD/EUR is the world's most liquid pair, which means 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 dollars to euros. 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. USD/EUR moves on Fed-ECB policy divergence and global risk sentiment. If the pair is near its 30-day high, you're getting more euros per dollar than the monthly average. Rate alerts let you set a target and wait passively rather than trying to time macro shifts.
US banks typically mark up USD/EUR by 2–4% for retail customers. SummitFX spreads are 0.2–0.5% depending on size. On a $500,000 European property purchase that's a saving of $7,500–$17,500 in your favour — material on top of the deposit itself.
If your USD arrives with us by 14:00 UK time on a business day, we settle the EUR the same day. SEPA delivery is typically a few hours; SEPA Instant credits within seconds. Send your USD wire in the US morning to give the best chance of same-day European settlement.
Yes — and we recommend it for any conveyancing timeline over a few weeks. A forward contract fixes today's rate for delivery on completion day. You pay a deposit (typically 5–10% of the trade) upfront and settle the balance at completion. European property purchases often involve 2-4 months between offer and closing — plenty of time for USD/EUR to move 3-5%.
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 to European family or suppliers, 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. This page streams the live rate continuously, and WhatsApp is always open — send 'quote' and we reply in seconds with a live rate and the full breakdown on your specified amount. No obligation to book.
Your rate is locked the moment you reply CONFIRM on a quote. Even if the pair swings 1% before your USD wire reaches us, the rate you receive stays exactly as booked. USD/EUR moves on every major piece of US or eurozone data — locking in advance protects against this volatility on time-sensitive payments.
Message us on WhatsApp and we'll have a live executable rate back in seconds.