The EUR/USD exchange rate rose to 1.1669 on July 21, 2025, up 0.41% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has strengthened 0.79%, and is up by 7.16% over the last 12 months. Euro US Dollar Exchange Rate - EUR/USD - values, historical data, forecasts and news - updated on July of 2025.

Interactive historical chart showing the daily Euro - U.S. Dollar (EURUSD) exchange rate back to 1999.

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.

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 1.17 USD recorded at the end of July 15, 2025. The average (standardized) 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. EstablishmentThe 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 USDBetween 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.

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

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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 Foreign Exchange Market is segmented by 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), and geography (North America: US, Canada; Europe: Germany, Switzerland, UK; Middle East and Africa: UAE; APAC: China, India, Japan; South America: Brazil; Rest of World). This segmentation reflects the market's global dynamics, driven by institutional trading, increasing digital adoption through electronic trading and mobile trading, and regional economic activities, with APAC markets like India and China showing significant growth alongside traditional hubs like the US and UK.
The market is experiencing significant shifts driven by the escalating trends of urbanization and digitalization. These forces are creating 24x7 trading opportunities, enabling greater accessibility and convenience for market participants. However, the market's dynamics are not without challenges. The uncertainty of future exchange rates poses a formidable obstacle for businesses and investors alike, necessitating robust risk management strategies. As urbanization continues to expand and digital technologies reshape the trading landscape, market players must adapt to remain competitive. One significant trend is the increasing use of money transfer agencies, venture capital investments, and mutual funds in foreign exchange transactions. Companies seeking to capitalize on these opportunities must navigate the challenges effectively, ensuring they stay abreast of exchange rate fluctuations and implement agile strategies to mitigate risk.
The ability to adapt and respond to these market shifts will be crucial for success in the evolving market.

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

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic and intricate realm of the market, entities such as algorithmic trading, order book, order management systems, and liquidity risk intertwine, shaping the ever-evolving market landscape. The market's continuous unfolding is characterized by the integration of various components, including sentiment analysis, Fibonacci retracement, mobile trading, and good-for-the-day orders. Market activities are influenced by factors like political stability, monetary policy, and market liquidity, which in turn impact economic growth and trade settlement. Technical analysis, with its focus on chart patterns and moving averages, plays a crucial role in informing trading decisions. The market's complexity is further amplified by the presence of entities like credit risk, counterparty risk, and operational risk.

Central bank intervention, order execution, clearing and settlement, and trade confirmation are essential components of the market's infrastructure, ensuring a seamless exchange of currencies. Geopolitical risk, currency correlation, and inflation rates contribute to currency volatility, necessitating hedging strategies and risk management. Market risk, interest rate differentials, and commodity currencies influence trading strategies, while cross-border payments and brokerage services facilitate international trade. The ongoing evolution of the market is marked by the emergence of advanced trading platforms, automated trading, and real-time data feeds, enabling traders to make informed decisions in an increasingly interconnected and complex global economy.

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.

The market is a dynamic and complex ecosystem where various entities interplay to manage currency risks and facilitate international trade. Reporting dealers, as key participants,

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

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

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

The price of one euro reached approximately 102.16 Russian rubles on average in May 2025, having marked a decrease compared to the previous month. The exchange rate of the U.S. dollar to the Russian ruble also declined relative to April 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 France is the Euro. Euro Exchange Rate - EUR/USD - France - values, historical data, forecasts and news - updated on July of 2025.

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

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

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

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

The global oxygen market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 4.59% from 2025 to 2033. This expansion is driven by several key factors. The escalating demand from healthcare, particularly in critical care settings and advanced medical procedures, significantly fuels market growth. Simultaneously, the burgeoning industrial sector, including metals and mining, chemical processing, and oil and gas extraction, relies heavily on oxygen for various applications, further contributing to market expansion. Technological advancements in oxygen production and delivery systems, such as the development of more efficient cryogenic storage and transportation methods, are also accelerating market growth. Furthermore, the increasing adoption of oxygen therapy for various respiratory ailments and the growing awareness of its crucial role in industrial processes are further bolstering market demand. Geographic segmentation reveals a diverse market landscape. Asia Pacific, driven by rapid industrialization and expanding healthcare infrastructure in countries like China and India, is expected to dominate the market. North America and Europe also hold significant market shares, supported by established industrial bases and advanced healthcare systems. However, emerging economies in regions like South America, the Middle East, and Africa present substantial growth opportunities as their industrial sectors expand and healthcare infrastructure improves. Market segmentation by form (gas, liquid, solid) and application (medical, industrial, scientific) reveals distinct growth trajectories, with the liquid form and industrial applications exhibiting particularly strong growth potential due to scalability and efficiency. Competition among major players like Air Liquide, Air Products and Chemicals, Linde PLC, and others is intense, leading to innovation and price competitiveness, ultimately benefiting consumers. Recent developments include: July 2024: Air Liquide India inaugurated a new manufacturing facility in Mathura, Uttar Pradesh, with an investment of INR 3500 million (approximately USD 41.79 million). This air separation unit is designed to bolster healthcare and industrial operations in Kosi, Mathura. With a production capacity exceeding 300 tonnes daily, the unit generates both liquid and medical oxygen.August 2023: Two oxygen generator plants were inaugurated in Bhutan, aiming to strengthen the country's health systems and improve emergency preparedness and response capabilities. These Pressure Swing Adsorption (PSA) plants have been established at Jigme Dorji Wangchuk National Referral Hospital and Mongar Regional Referral Hospital. Given their capacity to produce and refill 100 medical oxygen cylinders daily, the inauguration is expected to contribute to the growth of the oxygen market during the forecast period.March 2023: Air Liquide announced a EUR 60 million (USD 67.8 million) investment for the refurbishment of two air separation units (ASUs) located in the Tianjin industrial basin in China. These electrified ASUs are designed to produce oxygen and other air gases, providing a total oxygen production capacity of approximately 4,000 tons per day to supply YLC and other industrial customers in the Tianjin basin.December 2022: Atlas Copco completed the acquisition of Shandong Meditech Medical Technology Co. Ltd, a China-based manufacturer specializing in onsite oxygen solutions for the healthcare sector.. Key drivers for this market are: Increasing Demand for Oxygen in the Medical and Healthcare Sectors, Growing Demand for Oxygen in the Metals and Mining Industry; Other Drivers. Potential restraints include: Increasing Demand for Oxygen in the Medical and Healthcare Sectors, Growing Demand for Oxygen in the Metals and Mining Industry; Other Drivers. Notable trends are: Healthcare Sector Expected to Dominate the Market.

The size of the Greece POS Terminal Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 10.35% during the forecast period.A POS terminal refers to a Point of Sale terminal. It is an automated computerized system for electronic payment processing. These machines allow businesses to take a variety of payments that are accepted through credit cards, debit cards, and mobile wallets, among others. Most businesses apply them in retail stores, restaurants, hotels, and similar institutions that sell to their clients. They speed up and ease the processing of transactions and minimize mistakes while optimizing performance.The POS terminal market in Greece is witnessing high growth rates. Growth factors are rising digitalization, growing demand from consumers to adopt cashless payment options, and initiatives from the government towards increasing electronic transactions. In fact, the COVID-19 pandemic had pushed consumers towards more contactless modes of payment and increased adoption of POS terminals.This encourages usage of POS terminals as recently presented by the Greek government tax incentives to businesses which do acknowledge this manner of payment. This is having a significant increase in its demand all over Greece amongst especially micro and small enterprises. Recent developments include: July 2022 - Greek merchant acquiring operations of Eurobank has been fully acquired by global payments services provider Worldline. Worldline and Eurobank establish a joint venture. Worldline will own an 80% stake in the new company through the joint venture the two businesses have created. Eurobank claims to be one of Greece's prominent acquirers, processing more than 200 million transactions annually, amounting to a payment volume of EUR 7 billion from a network of 19,000 point of sale (POS) locations. Worldline describes Southern Europe as a dynamic region with growth potential, and with this acquisition, the company hopes to increase its presence., December 2021 - The National Bank of Greece and EVO Payments, Inc. have formed a long-term strategic marketing collaboration to provide merchant acquiring and payment processing services. EVO Payments, Inc. is a prominent provider of payment technology integrations and acquiring solutions globally. EVO has agreed to pay EUR 158 million, or roughly USD 180 million, for its ownership position in the joint venture. Business Daily sources claim that the two parties have decided to establish a joint venture into which NBG's card POS sector will be transferred, with the US company assuming management of the business and the Greek lender receiving a sizable, strategic minority interest.. Key drivers for this market are: Growing Use of Digital Platforms and E-Commerce Applications, Increasing Use of Cloud Services and Mobile Wallets; Growing Demand for Mobile Point-of-Sale Systems. Potential restraints include: Data Security Concerns might Restrict Economic Growth, High Compliance Costs per Device and Certification Renewal Costs Restrict the Market Growth. Notable trends are: Contactless Payments are Anticipated to Hold a Major Share in the Forecast Period.

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