Countries by exchange rate per euro
Indonesia had the highest exchange rate per euro of 40 countries in May 2008, at 14,436.993 currency units per EUR. Latvia had the lowest, at 0.69868 currency units per EUR. The median was 8.58771 currency units per EUR. Source: the European Central Bank.
Map of countries, May 2008
- Under 100
- 100 and over
- No data
All countries, May 2008
Full ranking
| Rank | Countries | May 2008 | Change on May 2007 |
|---|---|---|---|
| 1 | Indonesia | 14,436.993 | +21% |
| 2 | South Korea | 1,613.1814 | +28.7% |
| 3 | Hungary | 247.68952 | -0.3% |
| 4 | Japan | 162.31 | -0.6% |
| 5 | Iceland | 117.45905 | +38% |
| 6 | Algeria | 98.61518 | +3.2% |
| 7 | Philippines | 66.89548 | +6% |
| 8 | India | 65.55905 | +19.3% |
| 9 | Thailand | 49.94248 | +12.2% |
| 10 | Taiwan | 47.60214 | +5.9% |
| 11 | Russia | 36.90417 | +5.7% |
| 12 | Slovakia | 31.46571 | -6.7% |
| 13 | Czechia | 25.09991 | -11.1% |
| 14 | Mexico | 16.24024 | +11.1% |
| 15 | Estonia | 15.6466 | 0% |
| 16 | Hong Kong | 12.13409 | +14.9% |
| 17 | South Africa | 11.86962 | +25.1% |
| 18 | Morocco | 11.46791 | +2.4% |
| 19 | China | 10.84616 | +4.6% |
| 20 | Sweden | 9.31057 | +1.1% |
| 21 | Norway | 7.86485 | -3.4% |
| 22 | Denmark | 7.46088 | +0.1% |
| 23 | Croatia | 7.25393 | -1% |
| 24 | Israel | 5.255 | -2.7% |
| 25 | Malaysia | 5.00812 | +9% |
| 26 | Argentina | 4.90571 | +17.8% |
| 27 | Romania | 3.6583 | +11.4% |
| 28 | Lithuania | 3.4528 | 0% |
| 29 | Poland | 3.40378 | -10% |
| 30 | Brazil | 2.58235 | -3.7% |
| 31 | Singapore | 2.12592 | +3.3% |
| 32 | New Zealand | 2.00106 | +8.5% |
| 33 | Bulgaria | 1.9558 | 0% |
| 34 | Türkiye | 1.94082 | +7.6% |
| 35 | Australia | 1.63816 | 0% |
| 36 | Switzerland | 1.62471 | -1.6% |
| 37 | United States | 1.5557 | +15.1% |
| 38 | Canada | 1.55304 | +5% |
| 39 | United Kingdom | 0.79209 | +16.3% |
| 40 | Latvia | 0.69868 | +0.3% |
Other periods
About this ranking
Units of the currency issued by the place that buy 1 euro: the monthly average of the euro foreign exchange reference rates the European Central Bank sets each working day. The United States carries US dollars per euro, Japan yen per euro.
A higher value means a weaker currency against the euro. Rates belong to the country that issues the currency; currencies shared by several countries are not included, and the euro area has no rate of its own here (see exchange_rate_per_usd for euros per US dollar). Rates of currencies replaced by the euro stop in the month before the country adopted it. The reference rates are set at 14:15 CET for information only and are not the rates of any transaction.
Every value in the ranking comes from the same publisher and the same period, so the countries are compared on one definition. 4 countries with data in other periods have no value for May 2008 and are left out rather than filled from another source. Equal values share a rank.
How to cite
European Central Bank. ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A). https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata. Retrieved 2026-10-22.Citation styles
APA 7
European Central Bank. (n.d.). ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A) (Countries by exchange rate per euro, 2008-05) [Data set]. Retrieved October 22, 2026, from https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata
MLA 9
ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A), Countries by exchange rate per euro, 2008-05. European Central Bank, https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata. Invokely, https://invokely.ai/rankings/exchange-rate-per-euro/countries?period=2008-05. Accessed 22 Oct. 2026.
Chicago (author-date)
European Central Bank. n.d. ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A). Countries by exchange rate per euro, 2008-05. Dataset. Accessed October 22, 2026. https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata. Also distributed by Invokely, https://invokely.ai/rankings/exchange-rate-per-euro/countries?period=2008-05.
Harvard
European Central Bank (no date) ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A), Countries by exchange rate per euro, 2008-05 [Dataset]. Available at: https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata, via Invokely: https://invokely.ai/rankings/exchange-rate-per-euro/countries?period=2008-05 (Accessed: 22 October 2026).
BibTeX
@misc{european_countries_by_exchange_rate_2026,
author = {{European Central Bank}},
title = {{ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A): Countries by exchange rate per euro, 2008-05}},
howpublished = {Data set},
url = {https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata},
urldate = {2026-10-22},
note = {Accessed via Invokely, https://invokely.ai/rankings/exchange-rate-per-euro/countries?period=2008-05. Publisher attribution: European Central Bank. ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A). https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata. Retrieved 2026-10-22.},
}
RIS
TY - DATA
AU - European Central Bank
TI - ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A): Countries by exchange rate per euro, 2008-05
PB - European Central Bank
DB - Invokely
UR - https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata
L2 - https://invokely.ai/rankings/exchange-rate-per-euro/countries?period=2008-05
Y2 - 2026/10/22
N1 - Accessed via Invokely, https://invokely.ai/rankings/exchange-rate-per-euro/countries?period=2008-05.
N1 - Publisher attribution: European Central Bank. ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A). https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata. Retrieved 2026-10-22.
ER -
Use this data in your AI agent
Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:
Rank Countries by exchange rate per euro using official data, and cite the source.
rank_places {"indicator":"exchange_rate_per_eur","level":"country","limit":10}
GET https://invokely.ai/api/v1/rank?indicator=exchange_rate_per_eur&level=country&limit=10Questions
Which country has the highest exchange rate per euro?
Indonesia, with 14,436.993 currency units per EUR in May 2008, according to the European Central Bank.
Which country has the lowest exchange rate per euro?
Latvia, with 0.69868 currency units per EUR in May 2008.
Where does this ranking come from?
Every value comes from one source and one period, so the places are comparable: European Central Bank, ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A). Retrieved 2026-10-22. 4 countries have no value for May 2008 and are not ranked.