USD vs EUR
🇪🇺1 USD = 0.88 EUR
Rates as of 2026-07-22 · Source: European Central Bank
Quick Stats
Historical Comparison
USD / EUR| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About USD / EUR
🇺🇸 USD — US Dollar
The United States Dollar is the world's primary reserve currency and the most traded currency in the foreign exchange market. It serves as the standard unit of currency in international markets for commodities such as gold and oil.
🇪🇺 EUR — Euro
The Euro is the official currency of the Eurozone, used by 20 of the 27 European Union member states. It is the second most traded currency in the world after the US Dollar.
Key Factors Affecting USD/EUR
🇺🇸 USD Drivers
- Federal Reserve interest rate decisions
- US employment and inflation data
- Global risk sentiment and safe-haven demand
- US trade balance and fiscal policy
🇪🇺 EUR Drivers
- ECB monetary policy and interest rates
- Economic performance of major Eurozone economies
- Political stability within the EU
- Eurozone inflation and employment data
💡 Did You Know? — USD
About 60% of all foreign exchange reserves held by central banks worldwide are denominated in US dollars.
💡 Did You Know? — EUR
The Euro was introduced as an accounting currency in 1999 and physical euro coins and banknotes entered circulation in 2002.
Economy Overview
🇺🇸 United States
The US has the largest economy in the world by nominal GDP. The Federal Reserve (Fed) manages monetary policy, and its interest rate decisions have a significant impact on the dollar's value globally.
🇪🇺 European Union
The Eurozone represents one of the largest economic blocs globally, with Germany and France as its largest economies. The European Central Bank (ECB) sets monetary policy for all Eurozone members.