major pair · EUR/USD
Euro to US Dollar: the daily ECB reference rate, a historical chart, pair specification and what drives each currency.
1.12670
+0.00879 (+0.79%)
1 EUR = 1.12670 USD · 1 USD = 0.88755 EUR · previous 1.11791 on 3 Nov 2026
EUR/USD ECB reference rate, 4 Nov 2025 to 4 Nov 2026: from 1.14910 to 1.12670 (down 1.95%). High 1.19740 on 28 Jan 2026, low 1.11300 on 29 Oct 2026.
256 daily observations · 4 Nov 2025 – 4 Nov 2026
Latest rate within the 12-month range
The latest rate sits at 16% of the 12-month low-to-high range.
Calculated from daily ECB reference rates — closing-type snapshots, not intraday highs and lows.
Understanding the pair
In EUR/USD the Euro is the base currency and the US Dollar is the quote currency. The rate tells you how many USD one EUR buys, so a rising EUR/USD means the Euro is strengthening against the US Dollar.
EUR/USD is a major pair: it combines the US dollar with another heavily traded currency, which usually means deep liquidity and some of the tightest spreads in the market.
Prices are quoted to 5 decimal places here. One pip is 0.0001, so on a standard lot of 100,000 EUR a one-pip move is worth 10 USD — use the pip calculator to convert that into your account currency.
Liquidity in EUR/USD is usually deepest when both home markets are open — the London (08:00–17:00 London time) and New York (08:00–17:00 New York time) sessions. See live session times on the market hours clock.
The second most traded currency, shared by the euro-area member states. The ECB sets a single monetary policy for the bloc and also publishes the daily euro reference rates used on this site.
Central bank: European Central Bank
The world's main reserve and invoicing currency. The BIS 2022 Triennial Survey found the dollar on one side of about 88% of all FX trades, so US interest-rate expectations and risk sentiment ripple through almost every pair.
Central bank: Federal Reserve
EUR/USD shows how many US Dollar (USD) one Euro (EUR) buys. EUR is the base currency and USD is the quote currency. If the rate rises, the Euro has strengthened against the US Dollar.
No. It is derived from the euro foreign exchange reference rates published by the European Central Bank once per working day around 16:00 CET. It is useful for reference, budgeting and calculator inputs, but it is not an executable trading quote — a broker's bid and ask will differ.
By convention one pip in EUR/USD is 0.0001 because the pair is quoted in USD. On a standard lot of 100,000 EUR, a one-pip move is worth 10 USD. Brokers may quote an extra decimal (a pipette).
Liquidity is typically deepest when both home markets are open: the London (08:00–17:00 London time) and New York (08:00–17:00 New York time) sessions, and especially where they overlap.
Educational information only, not investment advice. Trading leveraged currency products carries a high risk of losing money.