The euro depreciated below $1.03, its lowest level since December 2002 as weak economic data and rising gas prices strengthened the prospect of a widening monetary policy gap between the ECB and the US Federal Reserve. An energy crisis in Europe has clouded even further the outlook for growth in the Eurozone, making the ECB's task of taming record levels of inflation more difficult. The annual inflation rate in the Euro Area increased to a new record high of 8.6% in June of 2022, once again above market expectations. ECB President Lagarde said she believes it is unlikely that the Eurozone will return to an environment with low inflation while confirming a 25bps rate hike in July after multiple ECB policymakers called for a steeper increase. Conversely, the Federal Reserve is expected to continue with fast rate hikes and raise the fed funds rate either by 50bps or 75bps this month.

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 July of 2022.

The Euro Dollar Exchange Rate - EUR/USD is expected to trade at 1.03 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.00 in 12 months time.

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Euro Dollar Exchange Rate - EUR/USD


Majors Price Day Year
EURUSD 1.0265 -0.0167 -1.60% -13.19%
GBPUSD 1.1946 -0.0171 -1.41% -13.46%
AUDUSD 0.6787 -0.0090 -1.30% -9.47%
NZDUSD 0.6161 -0.0044 -0.72% -12.28%
USDJPY 135.6720 -0.2530 -0.19% 22.67%
USDCNY 6.7122 0.0183 0.27% 3.61%
USDCHF 0.9684 0.0073 0.76% 4.73%
USDCAD 1.3040 0.0181 1.41% 4.64%
USDMXN 20.6044 0.3444 1.70% 2.94%
USDINR 79.2710 0.3620 0.46% 6.29%
USDBRL 5.3936 0.0643 1.21% 3.78%
USDRUB 61.0000 7.5000 14.02% -17.94%
USDKRW 1,308.6990 12.8290 0.99% 15.13%
DXY 106.5107 1.3727 1.31% 15.09%
USDTRY 16.9550 0.1540 0.92% 95.18%
USDSEK 10.5090 0.1721 1.66% 22.31%
USDPLN 4.6333 0.1143 2.53% 21.40%
USDNOK 10.0705 0.2452 2.50% 15.77%
USDZAR 16.5617 0.2315 1.42% 15.18%
USDDKK 7.2475 0.1095 1.53% 15.26%
USDSGD 1.4058 0.0101 0.72% 4.38%
USDILS 3.5134 0.0135 0.39% 7.57%
USDHKD 7.8470 0.0016 0.02% 1.03%
USDCLP 950.7600 22.4600 2.42% 27.36%
USDPKR 206.5000 2.0000 0.98% 30.65%
USDCZK 24.1154 0.4044 1.71% 11.29%
USDHUF 396.2260 10.9160 2.83% 32.46%
Crosses Price Day Year
EURUSD 1.0265 -0.0166 -1.59% -13.19%
EURGBP 0.8592 -0.0018 -0.21% 0.31%
EURAUD 1.5124 -0.0053 -0.35% -4.10%
EURNZD 1.6660 -0.0133 -0.79% -1.04%
EURJPY 139.2580 -2.1320 -1.51% 6.51%
EURCNY 6.8899 -0.0973 -1.39% -10.06%
EURCHF 0.9940 -0.0076 -0.76% -9.08%
EURCAD 1.3387 -0.0023 -0.17% -9.12%
EURMXN 21.1532 0.0518 0.25% -10.60%
EURINR 81.6716 -0.6407 -0.78% -7.39%
EURBRL 5.4875 -0.0716 -1.29% -9.15%
EURRUB 63.5405 7.9286 14.26% -27.83%
EURKRW 1,346.0723 -5.6886 -0.42% 0.14%
EURIDR 15,429.4551 -180.9854 -1.16% -10.16%
EURARS 129.5458 -1.8469 -1.41% 13.98%
EURCZK 24.7570 0.0150 0.06% -3.39%
EURMYR 4.5493 -0.0519 -1.13% -7.69%
EURUAH 30.4176 -0.0939 -0.31% -6.04%
EURZAR 16.9966 -0.0105 -0.06% 0.06%


Euro Dollar Exchange Rate - EUR/USD
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.
Actual Previous Highest Lowest Dates Unit Frequency
1.03 1.04 1.87 0.64 1957 - 2022 Daily