Today’s 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
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
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.
This page has list of debit cards for teens like yours. Cards on that page are from Visa, Mastercard and American Express which are accepted at tens of millions of shops, online stores and ATMs worldwide — making them useful for overseas travel.
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?
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.
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.
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Needing a prepaid debit card for my teenager who is going to France and need one in a hurry. What would be best or is there one?
Hi Lisa,
Thank you for getting in touch with Finder.
This page has list of debit cards for teens like yours. Cards on that page are from Visa, Mastercard and American Express which are accepted at tens of millions of shops, online stores and ATMs worldwide — making them useful for overseas travel.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
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?
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
is there a walmart location near meusnes, france where the recipient could cash my international money order?
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