The EUR/USD exchange rate rose to 1.1424 on June 9, 2025, up 0.25% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has strengthened 3.06%, and is up by 6.14% over the last 12 months. Euro US Dollar Exchange Rate - EUR/USD - values, historical data, forecasts and news - updated on June of 2025.

The EUR/USD exchange rate rose to 1.1409 on June 9, 2025, up 0.11% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has strengthened 1.38%, and is up by 6.00% over the last 12 months. Euro US Dollar Exchange Rate - EUR/USD - values, historical data, forecasts and news - updated on June of 2025.

Luxembourg STATEC: Forecast: Foreign Exchange Rate: EUR/USD data was reported at 1.110 EUR/USD in 2021. This records an increase from the previous number of 1.090 EUR/USD for 2020. Luxembourg STATEC: Forecast: Foreign Exchange Rate: EUR/USD data is updated yearly, averaging 1.115 EUR/USD from Dec 2018 (Median) to 2021, with 4 observations. The data reached an all-time high of 1.230 EUR/USD in 2018 and a record low of 1.090 EUR/USD in 2020. Luxembourg STATEC: Forecast: Foreign Exchange Rate: EUR/USD data remains active status in CEIC and is reported by The Portal of Statistics of Luxembourg. The data is categorized under Global Database’s Luxembourg – Table LU.M009: Foreign Exchange Rate: Forecast: The Portal of Statistics of Luxembourg.

Long term historical dataset of the daily Euro - U.S. Dollar (EURUSD) exchange rate back to 1999.

BMF Forecast: Foreign Exchange Rate: US Dollar: Annual Average data was reported at 1.100 USD/EUR in 2027. This stayed constant from the previous number of 1.100 USD/EUR for 2026. BMF Forecast: Foreign Exchange Rate: US Dollar: Annual Average data is updated yearly, averaging 1.100 USD/EUR from Dec 2016 (Median) to 2027, with 12 observations. The data reached an all-time high of 1.200 USD/EUR in 2022 and a record low of 1.100 USD/EUR in 2027. BMF Forecast: Foreign Exchange Rate: US Dollar: Annual Average data remains active status in CEIC and is reported by Federal Ministry of Finance. The data is categorized under Global Database’s Austria – Table AT.M007: Foreign Exchange Rate: US Dollar: Forecast.

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 1.13 USD recorded at the end of May 2, 2025. The average (standardized) measure is based on the calculation of many observations throughout the period in question. It is therefore different from an annual measure at a point, which reflects concrete values as of end of the year. Establishment 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. Euro to USD 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 recently.

The official currency of Ireland is the Euro. Euro Exchange Rate - EUR/USD - Ireland - values, historical data, forecasts and news - updated on June of 2025.

ECB Projection: Foreign Exchange Rate: US Dollar data was reported at 1.140 EUR/USD in 2021. This stayed constant from the previous number of 1.140 EUR/USD for 2020. ECB Projection: Foreign Exchange Rate: US Dollar data is updated yearly, averaging 1.140 EUR/USD from Dec 2018 (Median) to 2021, with 4 observations. The data reached an all-time high of 1.180 EUR/USD in 2018 and a record low of 1.140 EUR/USD in 2021. ECB Projection: Foreign Exchange Rate: US Dollar data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s European Union – Table EU.M003: European Central Bank: Foreign Exchange Rate: Projection.

Luxembourg STATEC Forecast: Foreign Exchange Rate: US Dollar data was reported at 1.180 USD/EUR in 2018. This records an increase from the previous number of 1.130 USD/EUR for 2017. Luxembourg STATEC Forecast: Foreign Exchange Rate: US Dollar data is updated yearly, averaging 1.155 USD/EUR from Dec 2017 (Median) to 2018, with 2 observations. The data reached an all-time high of 1.180 USD/EUR in 2018 and a record low of 1.130 USD/EUR in 2017. Luxembourg STATEC Forecast: Foreign Exchange Rate: US Dollar data remains active status in CEIC and is reported by The Portal of Statistics of Luxembourg. The data is categorized under Global Database’s Luxembourg – Table LU.M009: Foreign Exchange Rate: Forecast: The Portal of Statistics of Luxembourg.

The USD to EUR exchange rate in 2022 roughly 30 percent higher than it was in 2012, revealing a very strong dollar against the euro. The value of 0.89 euros per dollar was noticeably higher than the 2016 peak of 0.95 euros per dollar, but still above the price before the Eurozone Crisis. This started in 2009 and was caused by difficulties of several European countries with repaying government debt. What does the exchange rate mean? At any single point, an exchange rate is simply a measure of the value of one currency in terms of another. However, when the exchange rate shifts, one currency gets “stronger” and the other “weaker”. This is particularly important in international trade. A strong currency makes imports cheaper, so one could expect the trade balance of a country with a strong currency to decrease. In such a way, a strong currency would hurt a country with a high trade surplus. Exchange rate investments There is a financial market built around currency fluctuations. The foreign exchange market, or forex market, has a daily turnover of trillions of dollars. This market is critical for international trade, but many investors simply use it to speculate.

The official currency of Monaco is the Euro. EURO EXCHANGE RATE - EUR/USD - MONACO - values, historical data, forecasts and news - updated on June of 2025.

A graphic that displays the dollar performance against other currencies reveals that economic developments had mixed results on currency exchanges. The third quarter of 2023 marked a period of disinflation in the euro area, while China's projected growth was projected to go up. The United States economy was said to have a relatively strong performance in Q3 2023, although growing capital market interest rate and the resumption of student loan repayments might dampen this growth at the end of 2023. A relatively weak Japanese yen Q3 2023 saw pressure from investors towards Japanese authorities on how they would respond to the situation surrounding the Japanese yen. The USD/JPY rate was close to ***, whereas analysts suspected it should be around ** given the country's purchase power parity. The main reason for this disparity is said to be the differences in central bank interest rates between the United States, the euro area, and Japan. Any future aggressive changes from, especially the U.S. Fed might lower those differences. Financial markets responded somewhat disappoint when Japan did not announce major plans to tackle the situation. Potential rent decreases in 2024 Central bank rates peak in 2023, although it is expected that some of these will decline in early 2024. That said, analysts expect overall policies will remain restrictive. For example, the Bank of England's interest rate remained unchanged at **** percent in Q3 2023. It is believed the United Kingdom's central bank will ease its interest rate in 2024 but less than either the U.S. Fed or the European Central Bank. This should be a positive development for the pound compared to either the euro or the dollar.

The official currency of Portugal is the Euro. Euro Exchange Rate - EUR/USD - Portugal - values, historical data, forecasts and news - updated on June of 2025.

Luxembourg LU: Exchange Rate: USD per National Currency data was reported at 1.058 EUR/USD in 2026. This stayed constant from the previous number of 1.058 EUR/USD for 2025. Luxembourg LU: Exchange Rate: USD per National Currency data is updated yearly, averaging 1.099 EUR/USD from Dec 1960 (Median) to 2026, with 67 observations. The data reached an all-time high of 1.468 EUR/USD in 2008 and a record low of 0.683 EUR/USD in 1985. Luxembourg LU: Exchange Rate: USD per National Currency data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Luxembourg – Table LU.OECD.EO: Exchange Rate: Forecast: OECD Member: Annual. EXCH - Exchange rate, USD per national currency (1/EXCHUD)

Snapshot img

Foreign Exchange Market Size 2025-2029

The foreign exchange market size is forecast to increase by USD 582 billion at a CAGR of 10.6% between 2024 and 2029.

The market is experiencing significant growth, driven by the global trend of increasing urbanization and the 24x7 trading opportunities it affords. The digitalization of financial services has enabled seamless transactions across borders, making foreign exchange more accessible than ever before. One significant trend is the increasing use of money transfer agencies, venture capital investments, and mutual funds in foreign exchange transactions. However, this market is not without challenges. Regulatory hurdles impact adoption in some regions, with stringent regulations and compliance requirements adding complexity to market entry. Furthermore, the uncertainty of future exchange rates poses a significant risk for businesses engaging in foreign exchange transactions.
Navigating these challenges requires a deep understanding of market dynamics and a strategic approach to risk management. Companies seeking to capitalize on the opportunities in the market must stay informed of regulatory changes and adopt advanced risk management techniques to mitigate the impact of exchange rate volatility. By doing so, they can effectively capitalize on the growth potential of this dynamic market.

What will be the Size of the Foreign Exchange Market during the forecast period?

Request Free Sample

The market, also known as FX, plays a crucial role in global business operations and finance. FX market liquidity is essential for effective portfolio management, mitigating interest rate risk, and facilitating cross-border transactions. FX analysis involves various tools and techniques, including technical analysis using moving averages, chart patterns, and stochastic oscillators, as well as fundamental analysis focusing on economic indicators and sentiment. Interest rate differentials drive currency appreciation and influence FX trading, with foreign exchange swaps enabling the exchange of principal and interest between two different currencies. Market orders facilitate instant execution, while trading platforms offer advanced features such as automated trading robots and AI-driven systems.
FX market impact is a critical consideration, with operational risk and compliance essential in managing currency exposure and hedging strategies. Currency risk and FX forward rates are vital components of FX risk management, while FX trading apps and discipline help maximize profit and minimize psychological biases. FX trading systems employ various tools like FX charts, indicators, and exchange-traded derivatives to analyze trends and forecast future movements. Cryptocurrency trading has also emerged as a significant component of FX markets, adding complexity and volatility to the market structure. FX trading Blockchain Technology offers potential benefits, such as increased transparency and reduced counterparty risk.

How is this Foreign Exchange Industry segmented?

The foreign exchange industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Reporting dealers
  Financial institutions
  Non-financial customers


Trade Finance Instruments

  Currency swaps
  Outright forward and FX swaps
  FX options


Trading Platforms

  Electronic Trading
  Over-the-Counter (OTC)
  Mobile Trading


Geography

  North America

    US
    Canada


  Europe

    Germany
    Switzerland
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period.

In het market, dealers manage risky inventory positions during the maturity period, earning returns through liquidity provision. These returns reflect the risk premium associated with non-diversifiable risks. Dealers employ trading strategies using customer trade information to generate higher-than-expected returns. Competition among liquidity providers is expected to maintain stable pricing during the forecast period. Reporting dealers offer inter-day liquidity, buying and selling foreign exchange at posted bids while providing quotes throughout the trading day. Trading in the market involves various financial instruments and tools. Market orders are executed at the prevailing market price, while limit orders are executed at a specified price.

Forex brokers facilitate transactions between buyers and sellers, providing access to various trading tools such as currency baskets and exchange-traded derivatives. Cross-currency pairs are used for hedging and speculation, with the value of one curre

The official currency of Netherlands is the Euro. Euro Exchange Rate - EUR/USD - Netherlands - values, historical data, forecasts and news - updated on June of 2025.

Russia MED Forecast: FX Rate: Annual Average: US Dollar/EUR: Baseline Scenario data was reported at 1.106 EUR/USD in 2025. This records an increase from the previous number of 1.076 EUR/USD for 2024. Russia MED Forecast: FX Rate: Annual Average: US Dollar/EUR: Baseline Scenario data is updated yearly, averaging 1.091 EUR/USD from Dec 2020 (Median) to 2025, with 6 observations. The data reached an all-time high of 1.183 EUR/USD in 2021 and a record low of 1.046 EUR/USD in 2023. Russia MED Forecast: FX Rate: Annual Average: US Dollar/EUR: Baseline Scenario data remains active status in CEIC and is reported by Ministry of Economic Development of the Russian Federation. The data is categorized under Russia Premium Database’s Forecast – Forecast of The Social and Economic Development of The Russian Federation.

The official currency of Montenegro is the Euro. Euro Exchange Rate - EUR/USD - Montenegro - values, historical data, forecasts and news - updated on June of 2025.

BOF Forecast: Foreign Exchange Rate: US Dollar data was reported at 1.180 EUR/USD in 2020. This stayed constant from the previous number of 1.180 EUR/USD for 2019. BOF Forecast: Foreign Exchange Rate: US Dollar data is updated yearly, averaging 1.180 EUR/USD from Dec 2017 (Median) to 2020, with 4 observations. The data reached an all-time high of 1.200 EUR/USD in 2018 and a record low of 1.130 EUR/USD in 2017. BOF Forecast: Foreign Exchange Rate: US Dollar data remains active status in CEIC and is reported by Bank of France. The data is categorized under Global Database’s France – Table FR.M013: Foreign Exchange Rate: US Dollar: Forecast: Bank of France.