USD → EUR · Real-time rate

Convert US dollars
into euros (USD → EUR)

Change your US dollars (USD) into euros (EUR) at the real interbank rate, in real time. Ideal for your international payments, your investments and your fund repatriations, with a margin from 0.40% and no hidden fees.

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USD → EURCurrency pair
Real timeMarket rate
0.40%Margin from
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USD/EUR conversion in brief

Convert US dollars into euros, at the fair rate

The essentials to change your USD into EUR with no nasty surprises on the rate or the fees.

The real USD/EUR rate

The interbank (mid-market) rate, with no inflated margin hidden in the displayed rate.

A margin from 0.40%

Transparent and sliding, up to 10× cheaper than a bank. No hidden fees.

Personal Swiss IBAN

Receive and fund your money on an IBAN in your name, converted into euros automatically.

A reliable Swiss partner

ibani SA, founded in Geneva in 2018, a financial intermediary affiliated with SO-FIT, recognised by FINMA.

What you really pay

USD → EUR: ibani, bank or exchange office ?

On a 10'000 USD exchange, the margin applied to the rate makes all the difference to the amount received in euros.

CriterionibaniBankExchange office
Starting rateReal interbank"In-house" rate"In-house" rate
Exchange marginFrom 0.40%~1.5 to 2%Often > 2%
Transfer fees0 CHFVariable—
Estimated cost on 10'000 USD*~40 USD~180 USD> 200 USD
100% digital trackingYesPartialNo

*Indicative orders of magnitude for a one-off exchange of 10'000 USD. See the details on our Rates page.

Rate movement

USD / EUR exchange rate live

Follow the pair's trend to choose the right moment for your exchange.

Conversion tables

How much is 1 USD in EUR (and the other way round) ?

Indicative amounts, ibani margin included, updated continuously.

USDEUR
$ 1—
$ 5—
$ 10—
$ 50—
$ 100—
$ 500—
$ 1'000—
$ 5'000—
$ 10'000—
$ 50'000—
EURUSD
EUR 1—
EUR 5—
EUR 10—
EUR 50—
EUR 100—
EUR 500—
EUR 1'000—
EUR 5'000—
EUR 10'000—
EUR 50'000—
How to convert

Your USD changed into EUR, in 3 steps

Create your ibani account for free

100% digital sign-up in 5 minutes, with no opening or account maintenance fees.

Get your personal Swiss IBAN

Use it to receive or fund your US dollars directly on ibani.

Receive your euros at the real rate

ibani converts your USD into EUR at the market rate and transfers the euros to your account, with no hidden fees.

Other pairs

Convert other currencies

From the US dollar (USD)
USD CHF USD GBP USD CAD USD SGD
To the euro (EUR)
EUR USD CHF EUR GBP EUR EUR CHF

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Markets · updated 28 August 2026

USD/EUR: what has moved in recent months

Seen from Washington, the dollar weakened against the euro over the summer of 2026. The dollar index fell back to around 99.3–99.6, its lowest since May, after the 19 August announcement on long-dated debt buybacks. One dollar was worth 0.8587 euro on 27 August.

USD

The US Treasury cut the dollar's engine

The Federal Reserve held its policy rate in the 3.50%–3.75% range on 29 July 2026, on a tight nine-to-three vote. US inflation eased to 3.4% in July, core inflation to 2.5%, and retail sales fell for the first time in nine months. On 19 August the Treasury announced it was doubling its long-dated debt buybacks, from 2 to at least 4 billion dollars per operation, from 9 September to 4 November: the 30-year yield fell back to 5.196% after a nineteen-year high of 5.33%, and the dollar retreated against all its major counterparts.

EUR

The ECB tightened in June, then waited

On 11 June 2026 the European Central Bank raised its deposit rate by 25 basis points to 2.25% — its first hike since 2023 — in response to an imported energy shock, taking the main refinancing rate to 2.40%. On 23 July it left all three rates unchanged without committing to a path. Euro area inflation came in at 2.9% in July after 2.8% in June, and August PMIs moved clearly back into expansion (composite at 52.1). Rate markets price a further hike on 10 September at roughly 80%.

USD → EUR

What it means for you

Converting dollars into euros costs more today than at the start of the summer: on a recurring amount, the 2.3% lost in a month adds up fast. Spreading conversions remains the only method that relies on no forecast at all.

Benchmark on 28 August 2026: 1 USD ≈ 0.8587 EUR. The converter at the top of this page shows the live rate.

Sources: Federal Reserve, statement of 29 July 2026 · Bureau of Labor Statistics, July consumer price index published 12 August 2026 · US Department of the Treasury, statement of 19 August 2026 · ECB, monetary policy decisions of 11 June and 23 July 2026 · Eurostat, euro area July inflation confirmed 19 August 2026 · S&P Global, euro area flash PMI of 21 August 2026.

The economics of the pair

USD/EUR: the Fed versus the ECB

The rate between the US dollar (USD) and the euro (EUR) derives from the EUR/USD pair, the most traded and most liquid currency pair in the world. Its dynamics are dictated by the relationship between two central banks : the US Federal Reserve (Fed) and the European Central Bank (ECB).

The dollar is the world's main reserve currency : a large part of international trade, commodities and foreign exchange reserves is denominated in USD. Its value against the euro reacts above all to interest-rate gaps between the Fed and the ECB : when the Fed raises its rates faster than the ECB, the dollar tends to appreciate ; conversely, a US easing cycle often benefits the euro.

Added to this are inflation and employment figures (including the monthly US jobs reports), the relative growth of the two zones and the global risk climate — in times of tension, the dollar plays its role as a safe-haven asset. A notable landmark : in 2022, the euro briefly fell below parity with the dollar for the first time since 2002. To compare in the other direction, see our EUR/USD rate page.

To go further, see our guides on how to buy currency for your business and invoice cross-border B2B.

Written by Brice Delhome.

Frequently asked questions

Frequently asked questions about USD/EUR exchange

There is no universally ideal moment. The USD/EUR rate depends on market movements and on the decisions of the US Federal Reserve (Fed) and the ECB. An interest-rate gap in favour of the dollar tends to strengthen it against the euro. Monitor the real rate continuously and trigger your exchange at the moment that suits you.

With ibani, you open a free account and a personal IBAN. You enter the amount in USD to convert: ibani applies the real interbank market rate and transfers the euros to your bank account, with no hidden fees.

EUR/USD is the most traded currency pair in the world. Its price reacts continuously to monetary-policy gaps between the Fed and the ECB, to US and European inflation and employment figures, as well as to the risk climate on the markets.

ibani applies a transparent margin from 0.40% on the real interbank rate, decreasing with amounts. There are no opening or account maintenance fees. It's up to 10 times cheaper than a traditional bank.

Change your US dollars
into euros at the fair rate.

Get a personal Swiss IBAN, convert your USD into EUR at the real rate and transfer with no hidden fees. Free account opening, 100% digital, in 5 minutes.
OPEN A FREE ACCOUNT ibani for cross-border workers

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* Transfers in currencies other than EUR and CHF may be subject to correspondent-bank fees.

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