Understanding the Euro Money Rate is crucial for businesses, travelers, and anyone involved in international finance. The euro exchange rate reflects the value of the euro against other world currencies. These rates are essential for various financial activities, from international trade and investment to simply understanding the cost of goods and services when traveling abroad.
This article provides the latest euro money rate information, sourced from the European Central Bank (ECB). These reference rates are updated daily and serve as a benchmark for the value of the euro in foreign exchange markets.
Current Euro Exchange Rates (February 26, 2025)
Below is the table showing the euro money rate against a range of currencies as of February 26, 2025. These rates are released by the ECB and are based on the concertation procedure between central banks across Europe.
| Currency | Spot | Chart |
|---|---|---|
| USD | US dollar | 1.0487 |
| JPY | Japanese yen | 156.70 |
| BGN | Bulgarian lev | 1.9558 |
| CZK | Czech koruna | 24.948 |
| DKK | Danish krone | 7.4584 |
| GBP | Pound sterling | 0.82868 |
| HUF | Hungarian forint | 400.30 |
| PLN | Polish zloty | 4.1440 |
| RON | Romanian leu | 4.9773 |
| SEK | Swedish krona | 11.1430 |
| CHF | Swiss franc | 0.9392 |
| ISK | Icelandic krona | 145.30 |
| NOK | Norwegian krone | 11.6895 |
| TRY | Turkish lira | 38.2126 |
| AUD | Australian dollar | 1.6622 |
| BRL | Brazilian real | 6.0329 |
| CAD | Canadian dollar | 1.5054 |
| CNY | Chinese yuan renminbi | 7.6125 |
| HKD | Hong Kong dollar | 8.1516 |
| IDR | Indonesian rupiah | 17171.68 |
| ILS | Israeli shekel | 3.7475 |
| INR | Indian rupee | 91.3495 |
| KRW | South Korean won | 1504.35 |
| MXN | Mexican peso | 21.4685 |
| MYR | Malaysian ringgit | 4.6447 |
| NZD | New Zealand dollar | 1.8419 |
| PHP | Philippine peso | 60.733 |
| SGD | Singapore dollar | 1.4035 |
| THB | Thai baht | 35.388 |
| ZAR | South African rand | 19.2857 |
This table clearly presents the euro money rate for each listed currency. For example, the euro to US dollar exchange rate is 1 EUR to 1.0487 USD. These figures are updated regularly, reflecting the dynamic nature of foreign exchange markets.
Understanding Euro Foreign Exchange Reference Rates
The ECB updates these reference rates around 16:00 CET every working day, except on TARGET closing days. This ensures that the euro money rate information is timely and reflects the latest market conditions. The rates are determined through a daily concertation procedure involving central banks across Europe, typically around 14:10 CET.
It’s important to note that these euro money rates are published for informational purposes only. While they provide a valuable benchmark, the ECB strongly discourages using these rates for transaction purposes. Actual transaction rates may vary depending on the financial institution and the specific time of the transaction.
EUR/RUB – Suspension of Reference Rate
Due to ongoing market conditions affecting EUR/RUB trading, the ECB has suspended the publication of the euro money rate for the Russian ruble. This suspension is in effect until further notice, as the ECB is unable to set a reference rate that accurately represents current market activity for this currency pair. The last published EUR/RUB reference rate was on March 1, 2022.
Stay Updated on Euro Money Rates
Keeping track of the euro money rate is essential for informed financial decisions. While this page provides the latest daily reference rates, for more detailed information and historical data, you can explore the download options provided by the ECB, including PDF downloads for specific days and time series data.
For further learning about exchange rates and their role in the economy, refer to the resources provided by the ECB to enhance your understanding of euro money rate dynamics and their impact. Always rely on credible sources like the ECB for the most accurate and up-to-date information on euro exchange rates.
