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-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.

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

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

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 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.
Request Free Sample

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

Atmospheric Model high resolution 15-day forecast (HRES)

Single prediction that uses

observations
prior information about the Earth-system
ECMWF's highest-resolution model

HRES Direct model output Products offers "High Frequency products"

4 forecast runs per day (00/06/12/18) 
Hourly steps to step 144 for all four runs

Not all post-processed Products are available at 06/18 runs or in hourly steps.

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.

Output from the European Center for Medium range Weather Forecasting (ECMWF) Ensemble Prediction System (EPS). For each day, there is a 15-day forecast initialized at 00 UTC. Forecast output is available at one-degree resolution daily through the 15-day period. The output is over the DYNAMO domain.

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

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

This dataset contains model data from the Met Office Unified Model (UM) operational Numerical Weather Prediction (NWP) European high resolution model. This is a regional downscaled configuration of the Unified Model, covering a European domain, with hourly forecast data covering the period T+1 to T+54 hours. With a resolution of approximately 0.04 degrees it is able to produce selected hourly data covering the first 48 hours at surface level and at standard pressure levels four times a day. The model’s initial state is kept close to the real atmosphere by starting from a downscaled global starting condition.

This archive currently holds data from April 2016 onwards but data will be back populated for earlier years.

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.

Key information about Egypt Exchange Rate against USD

• Egypt Exchange Rate against USD averaged 30.887 (USD/EGP) in May 2023, compared with 30.887 USD/EGP in the previous month.
• Egypt Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 30.887 in May 2023 and a record low of 0.348 in Apr 1962.

• In the latest reports, Egypt Short Term Interest Rate: Monthly Average: Interbank Rate: Overnight was reported at 18.344 % pa in May 2023.
• Its Long Term Interest Rate (Government Bonds Rate: 10 Years) was reported at 14.400 % pa in Jan 2021.
• The cash rate (Policy Rate: Month End: Discount Rate) was set at 18.750 % pa in May 2023.

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

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

The USD/CNY exchange rate fell to 7.1922 on August 1, 2025, down 0.25% from the previous session. Over the past month, the Chinese Yuan has weakened 0.43%, and is down by 0.45% over the last 12 months. Chinese Yuan - values, historical data, forecasts and news - updated on August of 2025.

The USD/RUB exchange rate fell to 80.0000 on August 1, 2025, down 1.36% from the previous session. Over the past month, the Russian Ruble has weakened 1.36%, but it's up by 6.42% over the last 12 months. Russian Ruble - values, historical data, forecasts and news - updated on August of 2025.

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.