Euro vs.Dollar history: Euro to US Dollar Exchange Rate Chart
Looking forward, we estimate it to trade at 1.00 in 12 months time. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. We monitor global events and FX markets day and night, so you don’t have to. The euro, which was established in 1992, introduced in non-physical form in 1999 and finally rolled out in 2002, is used by 19 of the 27 member states of the European Union. This group of 19 countries is otherwise known as the eurozone or euro area.
By 2018, the total value of euro currency in circulation was almost 1.2 trillion euros, or over 3.4 thousand euros per capita. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. To use individual functions (e.g., mark statistics as favourites, set statistic alerts) please log in with your personal account. API GATEWAY Direct access to our data from your apps using any programing language.
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Historically, the Euro Dollar Exchange Rate – EUR/USD reached an all time high of 1.87 in July of 1973.The euro was only introduced as a currency on the first of January of 1999. However, synthetic historical prices going back much further can be modeled if we consider a weighted average of the previous currencies. Euro Dollar Exchange Rate – EUR/USD – data, forecasts, historical chart – was last updated on April of 2023. The euro-to-dollar exchange rate fluctuated significantly in 2022, reaching its lowest recorded value since 2008 during that time. Figures were different later in the year, however, with a rate of 1.10 USD recorded at the end of April 20, 2023. The average measure is based on the calculation of many observations throughout the period in question.
It is therefore different than an annual measure at point in time, which reflects concrete values as of end of the year. The euro held above the $1.09 mark, close to an over-12-month high of $1.1075 touched on April 14, as European Central Bank policymakers called for a tighter policy. Earlier this month, ECB’s Klaas Knot had already stated it was unclear whether 50 bps or 25 bps would be needed. At the same time, Robert Holzmann backed another 50 bps move, while Peter Kazimir considered a slowdown in the pace of tightening.
USD – US Dollar
Interactive historical chart showing the daily Euro – U.S. The Euro to US Dollar measures the ratio between the Euro and the US Dollar. Exchange Rates can be used to measure the relative health of an economy versus another. Exchange rates are also important in corporations that operate worldwide because it will directly impact their financials. The Euro to US Dollar exchange rate went as high as 1.599 during the financial crisis in 2008. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate.
Between 2001 and 2008, the average annual exchange rate of the euro to the U.S. dollar noted a steep increase. In 2008, the euro to U.S. dollar annual average exchange rate was equal to 1.47, which meant that one euro could buy 1.47 U.S. dollars. By 2019, this value had decreased overall, to a value of 1.12 which meant that one euro could buy 1.12 U.S. dollars. Similar dynamics in the euro to U.S. dollar exchange rate were also reflected in the monthly exchange rate in recent years.
Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs.
Xe Currency Charts
Our currency rankings show that the most popular Euro exchange rate is the EUR to USD rate. Check live rates, send money securely, set rate alerts, receive notifications and more. Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. Bloomberg Daybreak Middle East Bloomberg Daybreak Middle East.
Markets are now pricing in a 25 bps rate hike next month, with around a 20% chance of a larger 50 bps hike. The EURUSD spot exchange rate specifies how much one currency, the EUR, is currently worth in terms of the other, the USD. While the EURUSD spot exchange rate is quoted and exchanged in the same day, the EURUSD forward rate is quoted today but for delivery and payment on a specific future date.
Live from Dubai, connecting Asian markets to the European opens. Euro to US Dollar Exchange Rate is at a current level of 1.094, up from 1.093 the previous market day and up from 1.083 one year ago. This is a change of 0.10% from the previous market day and 1.05% from one year ago. The Euro Dollar Exchange Rate – EUR/USD is expected to trade at 1.05 by the end of this quarter, according to Trading Economics global macro models and analysts expectations.
