Best USD/EUR exchange rate for Oct 23, 2018 | finder.com

US Dollar to Euro Exchange Rate

Live Rate

= 0.8718

Refreshing in: 60s | Tue, 23 Oct 12:32pm GMT

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Historical Rate chart of USD and EUR

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Updated: 23 Oct 2018 12:32:53 UTC
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    US Dollar

    The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
    Currency:US Dollar
    Currency Symbol:$
    Sub unit:cents
    Sub unit symbol:c
    Bank notes:$1, $5, $10, $20, $50, $100
    Coins:1c, 5c, 10c, 25c, 50c

    Euro

    The euro is the second most traded currency in the world behind the US dollar. It was introduced in 1999 as the official currency for most eurozone nations. The world’s second-largest reserve currency, it adds liquidity to any currency pair it trades with.
    Currency:Euro
    Currency Symbol:
    Sub unit:cent
    Sub unit symbol:c
    Bank notes:€5, €10, €20, €50, €100, €200, €500
    Coins:1c, 2c, 5c, 10c, 20c, 50c, €1, €2

    US Dollar to the Euro for the last 10 years

    Oct 2008 Oct 2009 Oct 2010 Oct 2011 Oct 2012 Oct 2013 Oct 2014 Oct 2015 Oct 2016 Oct 2017
    1 USD = 0.7788 Inverse: 1.2841 0.6661 Inverse: 1.5014 0.7180 Inverse: 1.3927 0.7222 Inverse: 1.3847 0.7678 Inverse: 1.3024 0.7311 Inverse: 1.3678 0.7867 Inverse: 1.2711 0.8818 Inverse: 1.1340 0.9150 Inverse: 1.0930 0.8489 Inverse: 1.1781

    How does the US dollar trade against the euro historically?

    The euro had a strong start when it was introduced. In 1999 it was first adopted and used in electronic transfers only, but was finally launched in 2002 as a true currency. The EUR gave the USD a run for its money, and transactions between the two currencies stayed in a very tight range.

    At some points the two were almost equal in value. That changed as the subprime mortgage crisis began to take hold of the US economy, causing the USD to lose 37% of its value against the EUR. Foreign exchange traders lost confidence in the USD, and many began trading on the EUR instead.

    The value of the USD against the EUR reached an all time low at the start of 2008, when it was valued at 0.526 euro. It’s at this time that the economic crisis began to spread around the world and the value of the euro started to sink.

    Further increasing the strength of the USD was the United States’ aggressive policies towards fighting its weakened economy. The ECB increased their prime rate to 1.5%, causing a further rise in its value as the EUR continued to drop. This trend in growth continued throughout 2010 and 2011 as the US market grew stronger, only interrupted by periodic falls against the EUR when the ECB made attempts to stabilize the Eurozone.

    US Dollar to the Euro for the last 10 months

    Dec 2017 Jan 2018 Feb 2018 Mar 2018 Apr 2018 May 2018 Jun 2018 Jul 2018 Aug 2018 Sep 2018
    1 USD = 0.8430 Inverse: 1.1862 0.8159 Inverse: 1.2256 0.8143 Inverse: 1.2281 0.8091 Inverse: 1.2359 0.8147 Inverse: 1.2274 0.8485 Inverse: 1.1785 0.8618 Inverse: 1.1604 0.8526 Inverse: 1.1729 0.8702 Inverse: 1.1492 0.8566 Inverse: 1.1674

    US Dollar to the Euro for the last 10 days

    Oct 13 Oct 14 Oct 15 Oct 16 Oct 17 Oct 18 Oct 19 Oct 20 Oct 21 Oct 22
    1 USD = 0.8647 Inverse: 1.1565 0.8658 Inverse: 1.1551 0.8633 Inverse: 1.1583 0.8638 Inverse: 1.1577 0.8695 Inverse: 1.1501 0.8731 Inverse: 1.1454 0.8674 Inverse: 1.1528 0.8674 Inverse: 1.1528 0.8688 Inverse: 1.1511 0.8722 Inverse: 1.1465

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    Market rate for common transfer amounts USD to EUR

    US Dollars (USD) Euro (EUR)
    $1 0
    $100 0
    $500 0
    $1000 0
    $1500 0
    $2500 0
    $5000 0

    Exchange rates from USD to other currencies

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    4 Responses

    1. Default Gravatar
      PatrickOctober 8, 2018

      I live in the US but my family lives In Ireland. I have a bank account in Ireland that I occasionally deposit US dollars into which ar exchanged into euro. Based on the exchange rate, is this a good time to deposit dollars or not? Also, should I set up an account where I can leave my dollars in the account as US dollars?

      • finder Customer Care
        nikkiangcoOctober 9, 2018Staff

        Hi Patrick,

        Thanks for your inquiry and for visiting finder.

        It’s always a good idea to deposit dollars when the exchange is favorable on your end. However, exchange rates are volatile. You can speculate based on the historical data on the page above.

        Having a dollar account is a benefit since you can choose when to exchange your dollars for euro for a more favorable rate. This would also depend on your needs and purpose for the account. Check the terms and conditions of having such an account before you decide on opening one.

        Hope this helps! For any clarifications, feel free to message us again.

        Regards,
        Nikki

    2. Default Gravatar
      mikeApril 18, 2018

      is there a walmart location near meusnes, france where the recipient could cash my international money order?

      • finder Customer Care
        joelmarceloApril 19, 2018Staff

        Hi Mike,

        Thanks for leaving a question on finder.

        Walmart money transfer is powered by Moneygram. I checked via Moneygram’s store locator and there are a lot of Moneygram pickup locations in Meusnes. Simply look up “Moneygram store locator” in a search engine and look up Meusnes in the search box there.

        Hope it helps!

        Cheers,
        Joel

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