🇪🇺 EUR vs 🇺🇸 USD: Currency Strength Comparison
Data updated: November 6, 2026
On November 6, 2026, one Euro bought 1.1165 USD at the official reference rate, so per unit the Euro is worth more. A higher unit value only reflects how each currency is denominated, not which one is gaining: over the past 12 months EUR weakened by 3.2% against USD, so on momentum the US Dollar (USD) is the stronger of the two.
Adjusted for consumer-price inflation in both economies, EUR lost 3.1% in real terms against USD over the same period.
EUR relative to USD
Positive values mean EUR strengthened against USD.
EUR vs USD over the last three years
EUR against USD, index 100 on November 6, 2023. A rising line means EUR gained on USD. Dashed: the same, adjusted for consumer-price inflation in both economies. Green dot: 3-year high, red: 3-year low.
- 3-year high: 111.5 on January 28, 2026, when EUR was at its strongest against USD in the period.
- 3-year low: 94.9 on January 13, 2025.
- Now: 103.9, 6.8% below the high and 9.5% above the low.
- Sharpest one-month move: EUR rose 6.4% against USD between March 27, 2025 and April 22, 2025, around the time of “Trump pauses tariffs after bond selloff” (🇺🇸 April 9, 2025).
What moved EUR and USD
- · 🇪🇺 ECB unexpectedly hikes to 2.25% — ECB reverses course with a surprise hike, defying market expectations of a hold
- · 🇺🇸 Senate confirms Warsh as Fed chair — Kevin Warsh is confirmed in the closest Fed chair vote in modern history, succeeding Powell
- · 🇺🇸 Supreme Court strikes down IEEPA tariffs — The Court rules 6-3 that Trump's emergency-powers tariffs exceeded presidential authority
- · 🇺🇸 Fed resumes cutting to 4.00-4.25% — The FOMC restarts its easing cycle after holding rates since December 2024
- · 🇪🇺 EU-US agree 15% tariff deal — Von der Leyen and Trump strike a deal capping most EU exports at a 15% tariff
- · 🇪🇺 ECB cuts to 2.00%, pauses easing — ECB's eighth cut since June 2024 brings the deposit rate to 2.00%
Major central-bank decisions, elections and shocks for the two currencies since November 6, 2023. The interactive chart marks them on the line.
Performance against 15 major currencies
| Currency | 12-month change vs basket | Rank |
|---|---|---|
| 🇪🇺 Euro (EUR) | -2.3% | #11 of 16 |
| 🇺🇸 US Dollar (USD) | +1.1% | #6 of 16 |
Open the interactive EUR/USD chart →
How this comparison works
Each currency's strength index starts at 100 and accumulates its daily change against 15 other major currencies (a geometric mean of pairwise exchange-rate moves), using European Central Bank reference rates and other official sources. The relative figures above divide EUR's index by USD's, so they reflect the two currencies' performance against each other while accounting for the whole basket. The real variant additionally adjusts each currency for its domestic CPI inflation.
Read the full methodology →Frequently asked questions
Is EUR stronger than USD right now?
It depends on the question. Per unit, 1 EUR = 1.1165 USD (reference rate, November 6, 2026), so the Euro is worth more. As for which one is gaining, over the past 12 months EUR weakened by 3.2% against USD, so on momentum the US Dollar (USD) is the stronger of the two.
How do EUR and USD perform against other major currencies?
Against a basket of 15 major currencies over the past 12 months, EUR ranks #11 of 16 (-2.3%) while USD ranks #6 (+1.1%).
What does the EUR vs USD strength comparison show?
Rather than a single exchange rate, this page compares how each currency performed against a basket of 15 major currencies, then derives their relative strength. It filters out moves caused by the other currency alone and shows who is truly stronger.
How often is the data updated?
Every trading day (Monday to Friday), after the European Central Bank publishes its reference rates, usually around 16:00 CET.