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 1.16 USD recorded at the end of July 29, 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.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 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 recently.

The EUR/USD exchange rate rose to 1.1590 on August 1, 2025, up 1.48% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 1.76%, but it's up by 6.24% over the last 12 months. Euro US Dollar Exchange Rate - EUR/USD - values, historical data, forecasts and news - updated on August of 2025.

The Euro to Australian exchange rate history reveals a peak in March 2020 before declining well until mid-2022. Exchange rates fluctuate against each other constantly. As of July 29, 2025, the exchange rate was valued at 1.78 Australian dollars per euro. The rate at which one currency performs against another depends on the demand that it generates at any given time. Exchange rates are affected by several factors, including international trade, tourism, and geopolitical tensions.Euro gains strength against the Brexit PoundOne good example of geopolitical risks negatively impacting the strength of a currency is to look at the British Pound post Brexit referendum. The average annual exchange rate of the Euro to GBP increased significantly between 2015 and 2018.The Euro vs. the worldSince 2016, the euro has performed well against various other currencies. The Euro to U.S. dollar had seen its annual average exchange rate increase by 0.07 between 2016 and 2018, after slightly decreasing in 2019. Against the Indian Rupee, the Euro had performed even better, with the average annual exchange rate equaling 78.84 in 2019.

The USD to EUR exchange rate in 2022 will be roughly 30 percent higher than it was in 2012, revealing a very strong dollar against the euro. The value of 0.86 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 the 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 investmentsThere 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 DXY exchange rate rose to 99.9812 on August 1, 2025, up 0.01% from the previous session. Over the past month, the United States Dollar has strengthened 3.31%, but it's down by 3.13% over the last 12 months. United States Dollar - values, historical data, forecasts and news - updated on August 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.

One United States dollar was worth over ****** Indonesian rupiah in May 2024, the highest value in a comparison of over 50 different currencies worldwide. All countries and territories shown here are based on the Big Mac Index - a measurement of how much a single Big Mac is worth across different areas in the world. This exchange rate comparison reveals a strong position of the dollar in Asia and Latin America. Note, though, that several of the top currencies shown here do not rank among the most traded. The quarterly U.S. dollar exchange rate against the ten biggest forex currencies only contains the Korean won and the Japanese yen.

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

Key information about Finland Exchange Rate against USD

• Finland Exchange Rate against USD averaged 0.920 (USD/EUR) in May 2023, compared with 0.912 USD/EUR in the previous month.
• Finland Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 1.173 in Oct 2000 and a record low of 0.387 in Sep 1957.

CEIC extends history for monthly average Exchange Rate against USD. Federal Reserve Board provides average Exchange Rate against USD. Finland joined the Euro zone on January 1st, 1999 with fixed conversion rate of 1 EUR = 5.94573 FIM. Exchange Rate against USD prior to January 1999 is re-calculated using the fixed conversion rate. Exchange Rate against USD prior to January 1971 is sourced from the International Monetary Fund.


Key information about Finland Exchange Rate against USD

• In the latest reports, Finland Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.573 % pa in Nov 2021.
• Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: Finland: ECB Harmonised) was reported at 2.980 % pa in May 2023.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 3.750 % pa in May 2023.

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

Key information about France Exchange Rate against USD

• France Exchange Rate against USD averaged 0.920 (USD/EUR) in May 2023, compared with 0.912 USD/EUR in the previous month.
• France Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 1.539 in Feb 1985 and a record low of 0.534 in Oct 1957.

CEIC extends history for monthly average Exchange Rate against USD. Federal Reserve Board provides average Exchange Rate against USD. France joined the Euro zone on January 1st, 1999 with fixed conversion rate of 1 EUR = 6.55957 FRF. Exchange Rate against USD prior to January 1999 is re-calculated using the fixed conversion rate. Exchange Rate against USD prior to January 1971 is sourced from the International Monetary Fund.


Key information about France Exchange Rate against USD

• In the latest reports, France Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.573 % pa in Nov 2021.
• Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: France: ECB Harmonised ) was reported at 2.940 % pa in May 2023.
• The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 3.750 % pa in May 2023.

Graph and download economic data for U.S. Dollars to U.K. Pound Sterling Spot Exchange Rate (DEXUSUK) from 1971-01-04 to 2025-07-25 about United Kingdom, exchange rate, currency, rate, and USA.

This table contains 45 series, with data for years 1950 - 2015 (not all combinations necessarily have data for all years), and was last released on 2016-01-05. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Type of currency (45 items: United States dollar; noon spot rate; average; Danish krone; noon spot rate; average; French franc; noon spot rate; average; Belgian franc; noon spot rate; average ...).

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

The pound to euro history reveals that exchange rates in 2022 were not as low as they were during 2008 or since the Brexit referendum. Since the United Kingdom (UK) held a referendum on its European Union membership in June 2016, the British pound (GBP) weakened against the euro. From a high of 1.43 at the end of November 2015, the GBP to EUR exchange rate has remained below 1.2 since July 2016, sitting at 1.11 as of October 2020. By July 29, 2025, values had reached 1.15 euros per pound. The euro to pound exchange rate can be found on a different page.Hitting UK citizens' pocketsIt is not just European holidaymakers that are hit when the British pound to Euro exchange rate falls. The average UK consumer also feels the pinch as inflation rates often rise to cover the shortfall of the pound. When the inflation rate rises, the price of imported goods goes up and the consumer ends up paying more. GBP to U.S. dollarSince 2016's referendum, the British pound (GBP) fell across the exchange. The GBP's fall against the Euro was also reflected against the U.S. dollar where the exchange rate in May 2016 (pre-referendum) of 1.46 dollars to the pound has fallen significantly.

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

Attitudes towards the euro in countries outside the eurozone. Topics: self-rated knowledge about the euro; assessment of the amount of difficulties caused by the introduction of the euro to the citizens of the countries of the euro-area; assessment of the price conversions as advantageous for consumers; assumed satisfaction of the citizens of the countries of the euro-area with the introduction of the euro; possibility to use euro banknotes and coins in all countries of the euro-area independent of the country they have been issued in; familiarity with euro coins and banknotes; contact with prices in euro on products: in the own country, abroad, on the internet, in magazines or newspapers, in catalogues or business documents; expected impact of the euro: is already an international currency like Dollar or Yen, will contribute to economic growth in the euro-area countries, will reduce differences in the development between eurozone countries, will contribute to the creation of jobs in the eurozone countries, will contribute to price stability in the eurozone countries, will eliminate extra charges on payments between countries of the euro-area, will reduce price differences between eurozone countries; impact of the assumed introduction of the euro in the own country on personal life; expected abusive price increases in the context of the assumed introduction of the euro in the own country; attitude towards the introduction of the euro in the own country; satisfaction with the euro as assumed currency; own stay abroad in a country within the euro-area since January 2003; countries traveled to; usefulness of the euro compared to single national currencies; change in opinion with regard to the euro after stay abroad; stay abroad of acquaintances in a country within the euro-area since January 2003 and experiences with the euro; attitude towards the following statements on the euro due to experiences abroad: makes it easier to compare prices between countries, makes traveling within the EU more convenient; knowledge test: exchange rate between euro and national currency, exchange rate between dollar and national currency, exchange rate between dollar and euro; concern about the value of the euro against the dollar; attitude towards selected statements on the euro: strengthens feeling of European identity in eurozone countries, weakens feeling of European identity in the own country, own country will introduce the euro as well, adoption of the euro will remain major event in European history. Demography: sex; age; age at end of education; occupation; professional position; region; type of community. Additionally coded was: interview ID; country; interviewer ID; weighting factor. Einstellung in den Nicht-Euroländern zur Einführung des Euro in den Euroländern. Themen: Informiertheit über den Euro; Einschätzung der Schwierigkeiten in den Euro-Ländern bei der Euro-Einführung; Einschätzung von ungerechtfertigten Preisanhebungen bei der Einführung des Euro; vermutete Zufriedenheit der Bürger der Euroländer mit der Euro-Einführung; Kenntnis über die Nutzungsmöglichkeit der Euro-Münzen und -Banknoten im Euroland; eigener Kontakt mit Euro-Münzen und -Banknoten; Kontakt mit Preisen in Euro; Einschätzung der Erleichterungen durch die Euro-Einführung: Entwicklung des Euro zu einer internationalen Währung ähnlich dem US-Dollar oder dem japanischen Yen, Erwartung eines wirtschaftlichen Wachstums innerhalb der Euroländer, Erwartung einer Angleichung der Euroländer, Entstehung neuer Jobs, Erwartung einer Preisstabilität in der Eurozone, Wegfall von Umtauschgebühren sowie Preisangleichung in den Euroländern; Einschätzung der persönlichen Schwierigkeiten sowie der Wahrscheinlichkeit von Preiserhöhungen bei einer möglichen Euro-Einführung im eigenen Land; Meinung über eine Euro-Einführung im eigenen Land; Reise in ein Euroland in der Vergangenheit; Zielland der Reise; Einstellung zum Euro während und nach der Reise; Beurteilung der eigenen Erfahrung mit dem Euro im Reisezielland hinsichtlich erleichterter Preisvergleiche und der generellen Reiseerleichterungen; Kenntnis des Wechselkurses des Euro sowie des Dollar in die Landeswährung; Einschätzung des Wertes von einem Euro im Vergleich zu einem Dollar; Sorge um den Wechselkurs des Euro im Verhältnis zum US-Dollar; Einschätzung der Integrationsfunktion des Euro; erwartete Abkopplung des eigenen Landes vom Einigungsprozess; Einschätzung einer Euro-Einführung im eigenen Land als unvermeidlich; Einschätzung der Euro-Einführung als historischen Vorgang. Demographie: Geschlecht; Alter; Alter bei Beendigung der Ausbildung; Beruf; berufliche Stellung; Region; Urbanisierungsgrad. Zusätzlich verkodet wurde: Interviewnummer; Land; Interviewer-ID; Gewichtungsfaktor.

During 2022, the GBP/USD exchange rate reached its lowest value ever recorded after the UK government announced its initial plans to combat inflation. Prices did increase again after these plans were turned back shortly after. As of July 29, 2025, one pound was valued at roughly 1.34 U.S. dollars.What affects an exchange rate?There are several factors that can impact an exchange rate. In terms of the current situation, the political and economic standings surrounding Brexit are probably the largest driver in the current form of the British pound. Other factors include inflation and interest rates, public debts, and deficits, as well as the country's export prices to import prices ratio.British pound to EuroSince the United Kingdom (UK) held a referendum on its European Union membership in June 2016, the British pound's (GBP) standing against the Euro has also been impacted. During the first half of 2020, the British pound against the Euro weakened overall.

The USD/BRL exchange rate fell to 5.5393 on August 1, 2025, down 1.10% from the previous session. Over the past month, the Brazilian Real has weakened 2.11%, but it's up by 3.32% over the last 12 months. Brazilian Real - values, historical data, forecasts and news - updated on August of 2025.