While functional magnetic resonance imaging (fMRI) offers valuable insights into brain activity, it is limited by high operational costs and significant infrastructural demands. In contrast, electroencephalography (EEG) provides millisecond-level precision in capturing electrical activity but lacks the spatial fidelity necessary for precise neural localization. To bridge these gaps, we propose E2fNet, a simple yet effective deep learning model for synthesizing fMRI images from low-cost EEG data. E2fNet is an encoder-decoder network specifically designed to capture and translate meaningful multi-scale features from EEG across electrode channels into accurate fMRI representations. Extensive evaluations across three public datasets demonstrate that E2fNet consistently outperforms existing CNN- and transformer-based methods, achieving state-of-the-art results in terms of the structural similarity index measure (SSIM). These results demonstrate that E2fNet is a promising, cost-effective solution for enhancing neuroimaging capabilities. The code is available at https://github.com/kgr20/E2fNet.
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