Countries by exchange rate per euro

Indonesia had the highest exchange rate per euro of 40 countries in November 2008, at 14,984.853 currency units per EUR. Latvia had the lowest, at 0.70922 currency units per EUR. The median was 8.75221 currency units per EUR. Source: the European Central Bank.

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Highest14,984.853Indonesia
Lowest0.70922Latvia
Median8.7522140 countries

Map of countries, November 2008

Argentina: 4.2375 currency units per EURAustralia: 1.93811 currency units per EURBulgaria: 1.9558 currency units per EURBrazil: 2.89671 currency units per EURCanada: 1.55091 currency units per EURSwitzerland: 1.51617 currency units per EURChina: 8.69502 currency units per EURCzechia: 25.19265 currency units per EURDenmark: 7.44848 currency units per EURAlgeria: 86.60455 currency units per EUREstonia: 15.6466 currency units per EURUnited Kingdom: 0.83063 currency units per EURHong Kong: 9.86866 currency units per EURCroatia: 7.13658 currency units per EURHungary: 265.3165 currency units per EURIndonesia: 14,984.853 currency units per EURIsrael: 4.95691 currency units per EURIndia: 62.1436 currency units per EURIceland: 242.95 currency units per EURJapan: 123.2775 currency units per EURSouth Korea: 1,783.122 currency units per EURLithuania: 3.4528 currency units per EURLatvia: 0.70922 currency units per EURMorocco: 11.0709 currency units per EURMexico: 16.67345 currency units per EURMalaysia: 4.56824 currency units per EURNorway: 8.8094 currency units per EURNew Zealand: 2.25538 currency units per EURPhilippines: 62.4955 currency units per EURPoland: 3.7326 currency units per EURRomania: 3.78376 currency units per EURRussia: 34.79635 currency units per EURSweden: 10.12752 currency units per EURSingapore: 1.91828 currency units per EURSlovakia: 30.38495 currency units per EURThailand: 44.67725 currency units per EURTürkiye: 2.03424 currency units per EURTaiwan: 42.15125 currency units per EURUnited States: 1.27322 currency units per EURSouth Africa: 12.87847 currency units per EUR
  • Under 100
  • 100 and over
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currency units per EUR, November 2008. Hatched areas have no value for this period. Source: ECB, ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A). Boundaries: Natural Earth (public domain).

All countries, November 2008

Indonesia: 14,984.853 currency units per EURIndonesia14,984.853South Korea: 1,783.122 currency units per EURSouth Korea1,783.122Hungary: 265.3165 currency units per EURHungary265.3165Iceland: 242.95 currency units per EURIceland242.95Japan: 123.2775 currency units per EURJapan123.2775Algeria: 86.60455 currency units per EURAlgeria86.60455Philippines: 62.4955 currency units per EURPhilippines62.4955India: 62.1436 currency units per EURIndia62.1436Thailand: 44.67725 currency units per EURThailand44.67725Taiwan: 42.15125 currency units per EURTaiwan42.15125Russia: 34.79635 currency units per EURRussia34.79635Slovakia: 30.38495 currency units per EURSlovakia30.38495Czechia: 25.19265 currency units per EURCzechia25.19265Mexico: 16.67345 currency units per EURMexico16.67345Estonia: 15.6466 currency units per EUREstonia15.6466South Africa: 12.87847 currency units per EURSouth Africa12.87847Morocco: 11.0709 currency units per EURMorocco11.0709Sweden: 10.12752 currency units per EURSweden10.12752Hong Kong: 9.86866 currency units per EURHong Kong9.86866Norway: 8.8094 currency units per EURNorway8.8094China: 8.69502 currency units per EURChina8.69502Denmark: 7.44848 currency units per EURDenmark7.44848Croatia: 7.13658 currency units per EURCroatia7.13658Israel: 4.95691 currency units per EURIsrael4.95691Malaysia: 4.56824 currency units per EURMalaysia4.56824Argentina: 4.2375 currency units per EURArgentina4.2375Romania: 3.78376 currency units per EURRomania3.78376Poland: 3.7326 currency units per EURPoland3.7326Lithuania: 3.4528 currency units per EURLithuania3.4528Brazil: 2.89671 currency units per EURBrazil2.89671New Zealand: 2.25538 currency units per EURNew Zealand2.25538Türkiye: 2.03424 currency units per EURTürkiye2.03424Bulgaria: 1.9558 currency units per EURBulgaria1.9558Australia: 1.93811 currency units per EURAustralia1.93811Singapore: 1.91828 currency units per EURSingapore1.91828Canada: 1.55091 currency units per EURCanada1.55091Switzerland: 1.51617 currency units per EURSwitzerland1.51617United States: 1.27322 currency units per EURUnited States1.27322United Kingdom: 0.83063 currency units per EURUnited Kingdom0.83063Latvia: 0.70922 currency units per EURLatvia0.70922Indonesia: 14,984.853 currency units per EURIndonesia14,984.853South Korea: 1,783.122 currency units per EURSouth Korea1,783.122Hungary: 265.3165 currency units per EURHungary265.3165Iceland: 242.95 currency units per EURIceland242.95Japan: 123.2775 currency units per EURJapan123.2775Algeria: 86.60455 currency units per EURAlgeria86.60455Philippines: 62.4955 currency units per EURPhilippines62.4955India: 62.1436 currency units per EURIndia62.1436Thailand: 44.67725 currency units per EURThailand44.67725Taiwan: 42.15125 currency units per EURTaiwan42.15125Russia: 34.79635 currency units per EURRussia34.79635Slovakia: 30.38495 currency units per EURSlovakia30.38495Czechia: 25.19265 currency units per EURCzechia25.19265Mexico: 16.67345 currency units per EURMexico16.67345Estonia: 15.6466 currency units per EUREstonia15.6466South Africa: 12.87847 currency units per EURSouth Africa12.87847Morocco: 11.0709 currency units per EURMorocco11.0709Sweden: 10.12752 currency units per EURSweden10.12752Hong Kong: 9.86866 currency units per EURHong Kong9.86866Norway: 8.8094 currency units per EURNorway8.8094China: 8.69502 currency units per EURChina8.69502Denmark: 7.44848 currency units per EURDenmark7.44848Croatia: 7.13658 currency units per EURCroatia7.13658Israel: 4.95691 currency units per EURIsrael4.95691Malaysia: 4.56824 currency units per EURMalaysia4.56824Argentina: 4.2375 currency units per EURArgentina4.2375Romania: 3.78376 currency units per EURRomania3.78376Poland: 3.7326 currency units per EURPoland3.7326Lithuania: 3.4528 currency units per EURLithuania3.4528Brazil: 2.89671 currency units per EURBrazil2.89671New Zealand: 2.25538 currency units per EURNew Zealand2.25538Türkiye: 2.03424 currency units per EURTürkiye2.03424Bulgaria: 1.9558 currency units per EURBulgaria1.9558Australia: 1.93811 currency units per EURAustralia1.93811Singapore: 1.91828 currency units per EURSingapore1.91828Canada: 1.55091 currency units per EURCanada1.55091Switzerland: 1.51617 currency units per EURSwitzerland1.51617United States: 1.27322 currency units per EURUnited States1.27322United Kingdom: 0.83063 currency units per EURUnited Kingdom0.83063Latvia: 0.70922 currency units per EURLatvia0.70922
currency units per EUR. Source: ECB, ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A). Retrieved 2026-10-22.

Full ranking

RankCountriesNovember 2008
currency units per EUR
Change on November 2007
1Indonesia14,984.853+10.1%
2South Korea1,783.122+32.2%
3Hungary265.3165+4.2%
4Iceland242.95+171.9%
5Japan123.2775-24.3%
6Algeria86.60455-11.6%
7Philippines62.4955-1.2%
8India62.1436+7.5%
9Thailand44.67725-3.1%
10Taiwan42.15125-11.2%
11Russia34.79635-3.1%
12Slovakia30.38495-8.6%
13Czechia25.19265-5.8%
14Mexico16.67345+4.4%
15Estonia15.64660%
16South Africa12.87847+30.7%
17Morocco11.0709-2.5%
18Sweden10.12752+9%
19Hong Kong9.86866-13.6%
20Norway8.8094+10.8%
21China8.69502-20.2%
22Denmark7.44848-0.1%
23Croatia7.13658-2.7%
24Israel4.95691-13.7%
25Malaysia4.56824-7.3%
26Argentina4.2375-8%
27Romania3.78376+8.9%
28Poland3.7326+2.1%
29Lithuania3.45280%
30Brazil2.89671+11.8%
31New Zealand2.25538+17.3%
32Türkiye2.03424+16.3%
33Bulgaria1.95580%
34Australia1.93811+18.4%
35Singapore1.91828-9.7%
36Canada1.55091+9.5%
37Switzerland1.51617-8%
38United States1.27322-13.3%
39United Kingdom0.83063+17.2%
40Latvia0.70922+1.2%

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 November 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

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

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, 2008-11) [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, 2008-11. 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=2008-11. 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, 2008-11. 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=2008-11.

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, 2008-11 [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=2008-11 (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, 2008-11}},
  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=2008-11. 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, 2008-11
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=2008-11
Y2  - 2026/10/22
N1  - Accessed via Invokely, https://invokely.ai/rankings/exchange-rate-per-euro/countries?period=2008-11.
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  - 
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Questions

Which country has the highest exchange rate per euro?

Indonesia, with 14,984.853 currency units per EUR in November 2008, according to the European Central Bank.

Which country has the lowest exchange rate per euro?

Latvia, with 0.70922 currency units per EUR in November 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 November 2008 and are not ranked.

Exchange rate per euro: other rankings

Countries: more rankings