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USD to EUR Exchange RatesThis live exchange rate calculator converts USD (United States Dollar) to EUR (Euro) using the latest exchange rates and currency exchange information from OzForex. Convert USD to EUR using this calculator to get the most up-to-date exchange rates from live currency exchange market information. When your ready to transfer your funds, try using OzForex for the most competitive rates of exchange and low transfer fees. Visit OzForex for a pricing and information...
The United States Dollar (USD):The United States Dollar is a far-reaching currency. It is used more than any other currency in international transactions, and it is officially used in some other sovereign countries, including Ecuador, El Salvador, and East Timur. Several overseas British Territories also use the U.S. dollar as their sole form of currency, but in an unofficial capacity. Still more nations link their national currency to the U.S. dollar via a fixed exchange rate. The U.S. dollar uses a decimal system for smaller denominations. One U.S. dollar is equal to 100 cents, also called pennies. Amounts under one dollar are only issued as coins and consist of the following: nickel (5 cents), dime (10 cents), quarter (25 cents), and half-dollar (50 cents). The Euro Dollar (EUR):The Euro is the official currency adopted by 17 members of the European Union. This group of European Union members is called eurozone and includes the following nations: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, and Spain. The Euro is used unofficially in five more countries and one disputed territory. Those countries are Andorra, Monaco, Montenegro, San Marino, and Vatican, with Kosovo being the disputed territory. Several other countries in the world are heavily dependent on the Euro, having established a fixed exchange rate with their own domestic currency. After the U.S. dollar, the Euro is the second-most traded currency in the world. It is also the second-most used reserve currency, again after the U.S. dollar. As of summer 2010, over 800 billion euros were in circulation.
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