Euro to US Dollar

I have been keeping up with it as I will be on a trip to Italy soon. Just recently checked and 1 Euro is = to approximately $1.30 US currency.

Melva, the dollar is losing value again vs the €. As of today, the rate to buy one € is $1.42 plus any upcharge fee. Depending on how you get euro's you could pay from the mid $1.40's to mid $1.50's. In the early spring the rate was $1.24 so it is getting worse. However, this time last year, the rate was about $1.63. Many on this site seem to agree that the best place to get €'s is @ ATM's in Europe.

"Just recently checked and 1 Euro is = to approximately $1.30 US currency."

Unfortunately $1.30 was a while ago. As Tony says above, the interbank rate yesterday was $1.42 and with a typical 2% credit card margin your actual cost will be closer to $1.45.

For example, paying €100 for a hotel, today, would cause about $145 to be deducted from your US bank account.

You can see and monitor these rates at this website:

http://www.oanda.com/convert/cheatsheet

Before I went, I used Yahoo Finance to track the exchange rates. For instance, the link below gives you a 3 month trend. You can configure it so that it shows 1 month or 1 year depending on your preference.

http://finance.yahoo.com/q/bc?s=USDEUR=X&t=3m&l=on&z=m&q=l&c=

Thanks to all replies, esp. where the best place to buy euro's. That helps.

I looked up the exchange rates I got over the past couple of years in France. The Euro has ranged between 1.30 and 1.45 USD. It is more expensive right now than it was last spring. The Great Britain Pound was "cheap" in April, so when I was in London I bought 200 GBP to bring home with me. I now feel smug that I've save a little money (about $40) for my next trip to England.

use www.oanda.com to help you with your conversions. The dollar is weaker against Euro. I just got back and my trip went up by 15% due to conversion from my first planning to go in January 2009. this is unfortunately reality when traveling. Just manage your expenses if it costs too much.

It hit bottom about 1.24 in may (the euro). like others have said it's about 1.42 right now. It's been ranging between 1.39 and 1.42 for a while now.

At this time last year, George Bush was responsible for all travelers' exchange rate woes. Is Barak Obama now responsible... or are neither?...

Tom: I am surprised at your audacity! How can you even THINK of blaming any sort of woe on Mr. Obama? Everyone KNOWS that George Bush is responsible for every bad thing that has ever happened --- or will happen. I'll bet he's sitting in his home in Dallas right now plotting some nefarious scheme with Dick Cheney.

Everything is now AIG's fault.

No real change over the past few years, unfortunately. It's been hovering around $1.40+ per Euro.

"No real change over the past few years, unfortunately. It's been hovering around $1.40+ per Euro."

Well, not exactly. The Euro plummeted to 1.24 a few months back, and now it is up again to 1.44. I fear that the Dollar will continue to lose value in the coming months.

A pox on everyone tries to make this a political issue. A declining dollar is almost always related to deficit spending. More deficit spending, weaker the dollar. A dollar is a commodity just like oil. The more dollars floating around, the less valuable.