| Last 30 days | Last 90 days | |
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When you send or receive an international wire with your bank, you might lose money on a bad exchange rate, which is like a hidden fee. That’s because the banks still use an old system to exchange money. We recommend you use Wise, which is usually much cheaper. Wise’s smart technology:
| US Dollar | Euro |
|---|---|
| 1 USD | 0.87192 EUR |
| 5 USD | 4.35958 EUR |
| 10 USD | 8.71916 EUR |
| 20 USD | 17.43832 EUR |
| 50 USD | 43.59580 EUR |
| 100 USD | 87.19160 EUR |
| 250 USD | 217.97900 EUR |
| 500 USD | 435.95800 EUR |
| 1000 USD | 871.91600 EUR |
| 2000 USD | 1,743.83200 EUR |
| 5000 USD | 4,359.58000 EUR |
| 10000 USD | 8,719.16000 EUR |
| 50000 USD | 43,595.80000 EUR |
| Euro | US Dollar |
|---|---|
| 1 EUR | 1.14690 USD |
| 5 EUR | 5.73450 USD |
| 10 EUR | 11.46900 USD |
| 20 EUR | 22.93800 USD |
| 50 EUR | 57.34500 USD |
| 100 EUR | 114.69000 USD |
| 250 EUR | 286.72500 USD |
| 500 EUR | 573.45000 USD |
| 1000 EUR | 1,146.90000 USD |
| 2000 EUR | 2,293.80000 USD |
| 5000 EUR | 5,734.50000 USD |
| 10000 EUR | 11,469.00000 USD |
| 50000 EUR | 57,345.00000 USD |
The euro (sign: €; code: EUR) is the official currency of 19 of the 28 member states of the European Union. This group of states is known as the eurozone or euro area, and counts about 343 million citizens as of 2019. The euro is the second-largest and second-most traded currency in the foreign exchange market after the United States dollar, and is divided into 100 cents.
The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, 240 million people worldwide as of 2018 use currencies pegged to the euro.
The euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. As of August 2018, with more than €1.2 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circulation in the world, having surpassed the U.S. dollar.
The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. In practice, the dollar is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars.
Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of January 31, 2019, there are approximately $1.7 trillion in circulation, of which $1.65 trillion is in Federal Reserve Notes (the remaining $50 billion is in the form of U.S. notes and coins).
The U.S. dollar as a currency is often referred to as the greenback by foreign exchange traders and the financial press in other countries, such as Australia, New Zealand, South Africa, and India.
