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 1.08 USD recorded at the end of March 25, 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.

The EURUSD decreased 0.0005 or 0.04% to 1.0787 on Wednesday March 26 from 1.0791 in the previous trading session. Euro US Dollar Exchange Rate - EUR/USD - values, historical data, forecasts and news - updated on March 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 150, whereas analysts suspected it should be around 90 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 5.25 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 Spain is the Euro. Euro Exchange Rate - EUR/USD - Spain - values, historical data, forecasts and news - updated on March of 2025.

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

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

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

The price of one euro reached approximately 102.3 Russian rubles on average in January 2025, having marked an increase compared to the previous month. The exchange rate of the U.S. dollar to the Russian ruble also declined relative to December 2024.

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 March 21, 2025, the exchange rate was avalued at 1.72 Australian dollars per euro. The rate in 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 having a negative effect on 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 several other currencies. The Euro to U.S dollar had seen its annual average exchange rate increase by .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.

Long term dataset showing the daily Euro - British Pound (EURGBP) exchange rate back to 1999.

Long term historical dataset of the daily U.S. Dollar - Chinese Yuan (USDCNY) exchange rate back to 1981.

Key information about Ireland Exchange Rate against USD

• Ireland Exchange Rate against USD averaged 0.920 (USD/EUR) in May 2023, compared with 0.912 USD/EUR in the previous month.
• Ireland Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 1.347 in Feb 1985 and a record low of 0.453 in Nov 1967.

CEIC extends history for monthly average Exchange Rate against USD. Federal Reserve Board provides average Exchange Rate against USD. Ireland joined the Euro zone on January 1st, 1999 with fixed conversion rate of 1 EUR = 0.787564 IEP. 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 Ireland Exchange Rate against USD

• In the latest reports, Ireland Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at 1.724 % pa in Dec 2021.
• Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: Ireland: ECB Harmonised) was reported at 2.790 % 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 March of 2025.

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 0.93 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 in time, 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.

One euro in 2022 was worth less Indian rupees than in 2021, with exchange rates reaching values close to 2018 or 2019. This according to a comparison between average monthly and daily exchange rates. As of March 21, 2025 one euro was worth 93.65 Indian rupees. The average, or standardized, measure is based on many observations throughout the period in question. This is different than an annual measure that denotes concrete values as of the 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 Indian rupeeBetween the years of 2001 and 2014, the average annual exchange rate of the euro to the Indian rupee noted an overall increase. In 2014, the euro to Indian rupee annual average exchange rate was equal to 81.04, which meant that one euro could buy 81.04 Indian rupees. By 2019, this value had fluctuated, to a value of 78.84, which meant that one euro could buy 78.84 Indian rupees. A similar pattern of fluctuation can be seen with the euro against the U.S. dollar.

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

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 ...).

One United States dollar was worth over 15,000 Indonesian rupiah in March 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 10 biggest forex currencies only contains the Korean won and the Japanese yen.

This table contains 27 series, with data starting from 1981 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Type of currency (27 items: Australian dollar, daily average; Brazilian real, daily average; Chinese renminbi, daily average; European euro, daily average; ...).

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