Understanding the Euro Rate of Exchange

  • March 16, 2025
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Understanding the Euro Rate of Exchange

The Euro Rate Of Exchange, often referred to as the euro exchange rate, is the value of the euro compared to other currencies. It fluctuates constantly due to various market factors. This article provides a snapshot of euro foreign exchange reference rates as of March 14, 2025. These rates are crucial for international trade, investment, and travel.

Euro Exchange Rate Reference Rates: March 14, 2025

The European Central Bank (ECB) publishes daily reference rates for the euro against a basket of currencies. These rates are based on a coordinated process with central banks across Europe, typically occurring around 2:10 PM CET. The rates are then published around 4:00 PM CET each working day, except for TARGET closing days. It’s important to note that these rates are informational and should not be used for transactions.

The table below presents the euro exchange rate reference rates for March 14, 2025. All currencies are quoted against the euro, which serves as the base currency.

Currency Name Euro Rate of Exchange
USD US dollar 1.0889
JPY Japanese yen 161.88
BGN Bulgarian lev 1.9558
CZK Czech koruna 25.014
DKK Danish krone 7.4601
GBP Pound sterling 0.84183
HUF Hungarian forint 399.48
PLN Polish zloty 4.1723
RON Romanian leu 4.9768
SEK Swedish krona 11.0538
CHF Swiss franc 0.9641
ISK Icelandic krona 145.90
NOK Norwegian krone 11.6200
TRY Turkish lira 39.9381
AUD Australian dollar 1.7237
BRL Brazilian real 6.2683
CAD Canadian dollar 1.5691
CNY Chinese yuan renminbi 7.8822
HKD Hong Kong dollar 8.4635
IDR Indonesian rupiah 17811.63
ILS Israeli shekel 4.0019
INR Indian rupee 94.6655
KRW South Korean won 1582.87
MXN Mexican peso 21.7571
MYR Malaysian ringgit 4.8418
NZD New Zealand dollar 1.8985
PHP Philippine peso 62.372
SGD Singapore dollar 1.4536
THB Thai baht 36.658
ZAR South African rand 19.7832

Due to market conditions, the ECB has suspended the publication of the euro exchange rate for the Russian Ruble.

Accessing Historical Euro Exchange Rate Data

The ECB provides historical data and time series for bilateral euro exchange rates. This information can be accessed through the ECB Data Portal.

Understanding the Importance of Euro Exchange Rates

Euro exchange rates play a significant role in the global economy. They impact international trade by influencing the price of goods and services. Fluctuations in the euro rate of exchange can affect investment decisions and tourism. To learn more about the role of exchange rates, explore the ECB’s explainer resources.

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