Right now, if you're holding a €60 banknote and want to know what it’s worth in U.S. cash, the number you’re looking for is roughly $69.64.
But here’s the thing. That’s the mid-market rate—the "perfect" number you see on Google or XE. In the real world, you probably won't actually get $69.64 in your hand. If you’re standing at an airport kiosk in Paris or checking your banking app, the amount you see could be anywhere from $64 to $72 depending on who is taking a cut.
Currency exchange is kinda messy. It isn't just about a math formula; it’s about a global tug-of-war between the European Central Bank and the Federal Reserve.
How much are 60 euros in dollars today?
As of mid-January 2026, the exchange rate is hovering around 1.16. This means for every euro you have, you get about one dollar and sixteen cents.
To get the exact total:
60 (Euros) × 1.16065 (Current Rate) = $69.639
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Just a few years ago, we saw "parity," where one euro was worth exactly one dollar. Those days are gone for now. The euro has gained some strength, though the market is still incredibly volatile. If you're traveling, you've probably noticed that things feel a bit more expensive in Europe than they did back in 2022 or 2023.
Why the rate is moving right now
The market is currently reacting to some pretty specific stuff.
- Interest Rate Divergence: The U.S. Federal Reserve has been leaning toward a "hawkish" stance (keeping rates higher for longer), while the ECB is trying to balance growth in places like Germany.
- Economic Growth: Recent data shows the Euro area economy is projected to grow by about 1.3% in 2026. That sounds small, but in the world of currency trading, it’s enough to keep the euro from sliding.
- The "Safe Haven" Effect: Whenever there is global drama—like the recent trade tariff discussions—investors run back to the dollar, which temporarily pushes the value of your euros down.
What you actually get (The Fees Nobody Mentions)
You've probably seen those "Zero Commission" signs at currency booths. Honestly? They’re usually lying. They might not charge a flat $5 fee, but they bake the cost into the rate. This is called the "spread."
If the real rate is 1.16, a bank might offer you 1.11. On a small amount like €60, that might only be a few dollars lost. But if you’re doing this for a hotel bill or a cross-border business payment, it adds up fast.
Let's look at the different ways you might convert those 60 euros:
Digital Wallets (Revolut, Wise): These are usually the closest to the real rate. You’d likely get about $69.30. They take a tiny sliver, but it’s mostly fair.
Typical Credit Cards: Most cards charge a 3% "Foreign Transaction Fee." You’d end up paying about $71.73 for that €60 purchase because of the added tax on your convenience.
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Airport Kiosks (Travelex, etc.): These are the worst. Seriously. You might walk away with only $62 or $63. They rely on the fact that you’re in a rush and have no other options.
The 2026 Outlook: Should you wait to convert?
Analysts at places like Goldman Sachs are actually forecasting the euro to climb toward 1.25 by early 2027. If they’re right, your €60 would eventually be worth $75.
That’s a big jump.
However, currency forecasting is notoriously difficult. Some experts, like those at Morningstar, suggest the euro is currently "stabilizing" rather than skyrocketing. The market has already priced in a lot of the "good news" about European recovery. If you’re a traveler, waiting three months to save five bucks probably isn't worth the headache. If you’re a business owner, it might be time to look at "forward contracts" to lock in these rates.
Practical steps for your money
If you need to turn those euros into dollars today, don't just click the first button you see.
- Check for "No Foreign Transaction Fee" cards: If you’re American traveling in Europe, use a card like Capital One or Chase Sapphire. They won't charge you that extra 3% on top of the €60.
- Always choose the local currency: If a card machine in Europe asks if you want to pay in "Dollars" or "Euros," always pick Euros. If you pick dollars, the merchant's bank chooses the exchange rate, and they will almost certainly rip you off.
- Use an ATM, not a booth: Withdrawing cash from a reputable bank ATM (like BNP Paribas or Deutsche Bank) usually gives you a better deal than a dedicated exchange shop. Just watch out for the "Euronet" ATMs—the bright blue and yellow ones—as they have notorious fees.
The bottom line is that while 60 euros is worth about $69.64 on paper, your goal should be to keep as much of that $69 as possible by avoiding the middleman.
For the most accurate real-time conversion, use a live currency tracker right before you hit "confirm" on any transaction, as these numbers can shift by 1% or 2% in a single afternoon. Focus on using mid-market rate providers to ensure you aren't losing 10% of your value to hidden spreads.