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.