EUR · €
Euro (EUR)
The euro is the official currency of the eurozone, used by 20 of the 27 EU member states. It is one of the world's major reserve currencies.
Convert this currency
Converted amount
1.1562 USD
Exchange rate
1 EUR = 1.156203 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
EUR · Euro
Euro (EUR): Overview and History
The euro (EUR) is the official currency of the eurozone, which consists of 20 of the 27 member states of the European Union. It was introduced in 1999 as an accounting currency and became physical cash in 2002. The euro is managed by the European Central Bank (ECB) and the national central banks of the eurozone countries, collectively forming the Eurosystem.
The euro is one of the most traded currencies in the world, second only to the US dollar. It is also a major reserve currency, held by central banks and institutions globally. The currency is used by over 340 million people daily, making it one of the most widely used currencies in the world.
The value of the euro fluctuates against other currencies due to various factors, including economic indicators, political events, and market sentiment. The ECB's monetary policy aims to maintain price stability and support economic growth within the eurozone. As a result, the euro plays a crucial role in international trade and finance.
- Code
- EUR
- Symbol
- €
- Current rate
- USD / EUR
Currency information
Last updated · 8/7/2026
Introduced on 1 January 1999 as an accounting currency, with physical coins and banknotes introduced on 1 January 2002.
- Official name
- Euro
- Legal tender status
- Legal tender in the eurozone
- Decimal places
- 2
- Minor unit
- cent · 1 EUR = 100 cent
- Countries
- Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, Spain, Bulgaria
- Territories
- Akrotiri and Dhekelia, Andorra, Monaco, San Marino, Vatican City, Saint Barthélemy, Saint Pierre and Miquelon, French Southern and Antarctic Lands, Adélie Land
- Issuing authority
- European Central Bank
- Central bank
- European Central Bank · Official website
- Exchange-rate regime
- Free-floating
Common banknotes
€5 · €10 · €20 · €50 · €100 · €200 · €500
Common coins
1 cent · 2 cents · 5 cents · 10 cents · 20 cents · 50 cents · €1 · €2
Also known as
EUR · € · Euro
Practical notes
- The euro is the official currency of 20 EU member states.
- The European Central Bank manages the euro's monetary policy.
- The euro is the second most traded currency in the world.
Priority currency pairs
The most useful conversions for this currency.
Euro questions
What is the EUR exchange rate?
The displayed rate is the latest available reference rate for USD/EUR. It can change throughout the day.
How can I convert EUR online?
Use the converter above to calculate indicative amounts between EUR and the other supported currencies.