The Euro is much stronger than the dollar right now. Yesterday I sent a Euro wire transfer, and the rate was 1.1682 which means each Euro is worth $1.17. Last week it was worse - almost $1.20 for each Euro. I've seen it steadily increase since the beginning of the year. Used to be about 88 cents per Euro.
I think you are dividing the Euro by the rate. Multipy it instead.
Trust me on this - I'm an accountant and send these wires weekly. And my company is getting killed with the exchange rate.
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Re: Where to convert currency in the US?
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And my company is getting killed with the exchange rate.
