European Central Bank (ECB) exchange rates: What you need to know

European Central Bank Exchange Rate Photo

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European Central Bank (ECB) offers a convenient way to buy a multitude of different currencies. However, foreign exchange rates represent a major pricing point and there is often little clarity around them. We researched European Central Bank (ECB)’s travel money exchange rates to provide you a table showcasing their currency rate spread. Hopefully we can help you save money on your holidays.

European Central Bank (ECB) exchange rates: Information and tips

Know the latest interbank exchange rate for your currency pairs

The interbank rate (also called mid-market rate) is the midpoint between the buy price and sell price of two currencies on the currency markets. European Central Bank (ECB) does not offer the interbank rate but instead adds a margin to it, which makes the foreign currency transaction more expensive for you. Before using European Central Bank (ECB) for your travel money needs, make sure to know the current interbank exchange rate. That way, you’ll be able to calculate FX losses on the currency conversion. You can find the latest interbank rates using our currency converter.

How to calculate exchange rate loss

Here’s what you need to do in order to determine how much European Central Bank (ECB)’s travel money exchange rate spread is going to cost you:

  1. Find the current interbank rate for your currencies using our currency converter
  2. Multiply your original amount by the current interbank rate
  3. Multiply your original amount by the exchange rate European Central Bank (ECB) offers
  4. Subtract the first amount from the second amount
  5. This is the amount you’ll lose through currency conversion with European Central Bank (ECB)

Order your currency online and in advance

Ordering your foreign currency before your trip allows you to compare with rates and fees of other providers. Ordering it online also is usually much cheaper than buying currency at the airport or on arrival to your holiday destination. Make sure to always compare exchange rates before finalising an order.

For the best exchange rates, we highly recommend TransferWise. Enjoy your first transfer for free on transfers up to £500.

European Central Bank (ECB) exchange rate research

The exchange rate spreads below are for ordering foreign currency online. Rates on other services might differ. Those exchange rate margins are indicative at the time of research. Use the European Central Bank (ECB) currency converter or visit the nearest branch to get the latest rates.

Currency ISO Code Exchange Rate Mid-Market Rate Exchange Rate Margin / Loss
US Dollar USD 1.1487 1.14359 -0.45%
Pound Sterling GBP 0.87403 0.87063 -0.39%
Canadian Dollar CAD 1.5019 1.49954 -0.16%
Australian Dollar AUD 1.575 1.57124 -0.24%
Brazilian Real BRL 4.3061 4.26813 -0.89%
Bulgarian Lev BGN 1.9558 1.95583 0.00%
Chinese Yuan Renminbi CNY 7.9426 7.91441 -0.36%
Croatian Kuna HRK 7.4338 7.43373 0.00%
Czech Koruna CZK 25.88 25.87987 0.00%
Danish Krone DKK 7.4598 7.45964 0.00%
Hong Kong Dollar HKD 8.9935 8.95398 -0.44%
Hungarian Forint HUF 321.76 321.28164 -0.15%
Icelandic Krona ISK 138.1 138.08194 -0.01%
Indian Rupee INR 83.28 82.82625 -0.55%
Indonesian Rupiah IDR 16748.05 16683.74981 -0.39%
Israeli Shekel ILS 4.2182 4.19517 -0.55%
Japanese Yen JPY 130.02 129.91204 -0.08%
Malaysian Ringgit MYR 4.7734 4.75059 -0.48%
Mexican Peso MXN 22.6326 22.72905 0.42%
New Zealand Dollar NZD 1.6954 1.68546 -0.59%
Norwegian Krone NOK 9.5328 9.53953 0.07%
Philippine Piso PHP 60.584 60.25345 -0.55%
Polish Zloty PLN 4.294 4.28644 -0.18%
Romanian Leu RON 4.6621 4.6606 -0.03%
Russian Rouble RUB 75.7709 75.76855 0.00%
Singapore Dollar SGD 1.5729 1.56821 -0.30%
South African Rand ZAR 16.0216 15.89035 -0.83%
South Korean Won KRW 1286.25 1276.51858 -0.76%
Swedish Krona SEK 10.3313 10.31329 -0.17%
Swiss Franc CHF 1.1444 1.14579 0.12%
Thai Baht THB 37.66 37.53451 -0.33%
Turkish Lira TRY 6.1357 6.13681 0.02%

European Central Bank (ECB)’s exchange rate was collected from European Central Bank (ECB)’s website on 07/11/2018. Interbank rates collected from on 07/11/2018. The information displayed on this site is subject to change at any time and we do not guarantee 100% accuracy of the information.
For the today’s rates, visit European Central Bank (ECB)’s website, contact European Central Bank (ECB)’s customer support or log into your online banking and search for their exchange rate calculator. is not liable for any financial decisions based on the above information. is supported by referral compensations by some of the companies listed in our articles

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