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🇪🇺 EUR to 🇺🇸 USD Exchange Rate

Convert Euro to US Dollar using the live indicative interbank rate and the converter below. Covers the cost of sending to United States via the major mobile money apps.

1 EUR = 1.16 USD

Updated 2026-06-04

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🇪🇺EUR
Receives
🇺🇸116.00USD
1 EUR = 1.16 USD · Updated 2026-06-04 00:00

EUR → USD conversion table

EURUSD
11.16
55.80
1011.60
2023.20
5058.00
100116.00
200232.00
500580.00
1,0001,160.00
2,0002,320.00
5,0005,800.00
10,00011,600.00

Table computed at the indicative rate of 1 EUR = 1.16 USD. Real operator-side values include a 1%-4% spread.

About the Euro

The Euro (EUR, €) is the official currency of 20 European Union member states and the anchor of one of the most consequential fixed-peg arrangements in African monetary history. The Euro is issued by the European Central Bank in Frankfurt and is the second-largest reserve currency after the USD. Two African monetary unions — the West African Economic and Monetary Union (UEMOA / XOF) and the Central African Economic and Monetary Community (CEMAC / XAF) — peg their CFA francs to the EUR at the fixed rate of 655.957 CFA = 1 EUR. The peg has been in continuous operation since the 1999 introduction of the Euro, and replaced the prior French franc peg. For diaspora remitters in France, Belgium, Italy, Spain, Portugal and Germany, the EUR is the dominant send currency for the WAEMU and CEMAC corridors.

About the US Dollar

The US Dollar (USD, $) is the world's primary reserve currency and the de facto reference rate for most African remittance pricing. It is issued by the Federal Reserve System and subdivided into 100 cents. For African corridors, the USD plays two distinct roles: as the on-the-wire settlement currency that originating remittance providers use to hedge between markets, and as the unit of account that diaspora senders most often think in. When operators quote a USD-to-local-currency rate, the difference between that rate and the interbank mid-market — the spread — is where most of the corridor's cost is hidden, often dwarfing the visible send fee. For receivers in countries with thin USD interbank markets such as Sierra Leone or Mozambique, the published rate can lag the interbank reference by several percentage points.

Related pairs

FAQ

What is the EUR/USD exchange rate today?
The indicative rate is 1 EUR = 1.16 USD, updated 2026-06-04. This is an interbank mid-market reference; mobile money operators apply their own spread on top.
How much is 100 EUR in USD?
100 EUR ≈ 116.00 USD at the indicative rate. For 100 EUR: 116.00 USD. Use the converter above to try other amounts.
What's the best way to send Euro to United States?
For EUR to United States transfers, compare Sendwave, LemFi, WorldRemit, TapTap Send, Wise and traditional bank rails. The fee structure varies by amount and receiving method.
Is the US Dollar a stable currency?
The US Dollar (USD, $) is the world's primary reserve currency and the de facto reference rate for most African remittance pricing. It is issued by the Federal Reserve System and subdivided into 100 cents.
Why is the rate I see on my mobile money operator different?
The rate shown here is an indicative interbank mid-market reference. Operators (Sendwave, M-Pesa, MTN MoMo, LemFi, etc.) add a 1%-4% spread on top of this mid-market to cover their risk and operational cost. This is normal and consistent with market practice.

Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to United States, see the inbound corridor comparison.