The EUR/USD exchange rate fell to 1.1417 on July 31, 2025, down 0.10% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 3.29%, but it's up by 5.85% over the last 12 months. Euro US Dollar Exchange Rate - EUR/USD - values, historical data, forecasts and news - updated on July 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.

The benchmark interest rate In the Euro Area was last recorded at 2.15 percent. This dataset provides - Euro Area Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Euro Area's main stock market index, the EU50, fell to 5336 points on July 31, 2025, losing 1.06% from the previous session. Over the past month, the index has climbed 1.01% and is up 11.96% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Euro Area. Euro Area Stock Market Index (EU50) - values, historical data, forecasts and news - updated on July of 2025.

The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in May 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over ** U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than ** percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2023, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

The value of euro banknotes in circulation within the Eurozone decreased slightly at the end of 2023, a recovery from the growth decline during the summer. While the overall value of coins kept growing to all-time highs, the use of cash across Europe varies significantly between countries. Countries like Germany or countries around the Mediterranean were more likely to use cash in stores or restaurants compared to the Nordics or the Netherlands.

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.

In April 2025, Italian steel production decreased by 10.8% from March but grew 6.1% year-on-year, reflecting broader European market trends.

Industrial Production In the Euro Area increased 3.70 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Euro Area Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retail Sales In the Euro Area decreased 0.70 percent in May of 2025 over the previous month. This dataset provides the latest reported value for - Euro Area Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Rate In the Euro Area increased to 2 percent in June from 1.90 percent in May of 2025. This dataset provides the latest reported value for - Euro Area Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about European Union Industrial Production Index Growth

• European Union Industrial production rose 0.6 % YoY in Apr 2023, following a drop of 1.8 % YoY in the previous month.
• EU Industrial production index growth rate YoY data is updated monthly, available from Jan 1992 to Apr 2023, with an average rate of 1.7 %.
• The data reached an all-time high of 40.5 % in Apr 2021 and a record low of -27.8 % in Apr 2020.

Key information about European Union Consumer Confidence: Net Balance

• European Union Consumer Confidence: Net Balance recorded a drop of 22.4 % Point in Jan 2023, compared with a drop of 24.1 % points in the previous month.
• EU Consumer Confidence: Net Balance data is updated monthly, available from Jan 1985 to Jan 2023, with an averaged -9.2 % points.
• The data reached an all-time high of -1.9 % in May 2000 and a record low of -29.2 % in Sep 2022.

• In the latest reports, Retail Sales of EU dropped 2.5 % YoY in Apr 2023.
• EU Consumer Confidence gained 7.7 % Point in Jun 2023.

The euro and U.S. dollar made up more than ***** of 10 SWIFT payments worldwide in 2025, outperforming many other currencies. This is according to a monthly report meant to track the market share of China's yuan renminbi within the international bank transfer system SWIFT. Although China holds the largest forex reserves in the world, the yuan ranked as the ******-used currency in international payments. The figures concern customer-initiated and institutional payments and exclude trade. Discussions on the potential weakening role of the U.S. dollar especially touch world trade and forex. For example, the share of the USD in forex reserves declined visibly against the euro and Japanese yen in 2024. What sparked this de-dollarization trend, and will it continue? Trade sanctions and de-dollarization De-dollarization in 2024 is mentioned mostly alongside trade and the BRICS countries - an informal name given to Brazil, Russia, India, China, and South Africa. The combined GDP of BRICS is about ** percent of the world's economy. After the start of the Ukraine war and Russia received economic sanctions, the BRICS slowly evolved into a trading bloc. The group increasingly wanted its own currency to settle payments within the trade bloc, to avoid using the U.S. dollar. In August 2024, BRICS will gather in South Africa to discuss the creation of such a new joint currency. Additionally, ** countries - including Argentina, Algeria, Egypt, Saudi Arabia, Turkey, and Yemen - expressed interest in joining the BRICS group. CBDC, or projects into a digital payment settlement A factor of future uncertainty for the U.S. dollar is how central bank digital currencies (CBDC) develop in emerging countries. Several projects exist between individual countries that specifically target cross-border interbank payments. A cooperation between Thailand and Hong Kong, Inthanon-Lionrock, ranks as the most advanced of these projects. CBDC does not require the U.S. dollar to function. Tangible such as commodities or gold can back them. The value of transactions processed with CBDC is to grow by ******* percent between 2024 and 2030.

Unemployment Rate In the Euro Area remained unchanged at 6.20 percent in June. This dataset provides the latest reported value for - Euro Area Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Latvia HD: per Capita: Monthly Avg: Expenses Decreasing Total Disposable Income data was reported at -4.920 EUR in 2016. This records a decrease from the previous number of -3.880 EUR for 2015. Latvia HD: per Capita: Monthly Avg: Expenses Decreasing Total Disposable Income data is updated yearly, averaging -3.880 EUR from Dec 2004 (Median) to 2016, with 13 observations. The data reached an all-time high of -1.970 EUR in 2006 and a record low of -5.130 EUR in 2008. Latvia HD: per Capita: Monthly Avg: Expenses Decreasing Total Disposable Income data remains active status in CEIC and is reported by Central Statistical Bureau of Latvia. The data is categorized under Global Database’s Latvia – Table LV.H012: Household Disposable Income per Capita: Monthly Average.

At the end of February 2022, the exchange rate of the euro to the Russian ruble (EUR/RUB), stood at 115.48. That was the highest figure over the observed period. The value of Russia's national currency declined in view of the war in Ukraine that began in February 2022.

End-of-month versus average monthly EUR/RUB exchange rate The concrete, or point in time, measure shows the exchange rate as of the last day of each month, which is different to the standardized measure; calculation of average based on observations throughout the period in question. The average monthly exchange rate of the euro to the Russian ruble has steadily decreased since February 2022, reaching approximately 57.5 Russian rubles in June 2022.

EUR/RUB exchange rate in recent years

From December 2018 to February 2020, the end-of-month euro-ruble exchange rate has seen a downward trend. The COVID-19 outbreak and the sinking oil prices in March 2020 lead to a significant depreciation of the Russian national currency, thus one euro equaled 92.46 Russian rubles by the end of October of that year. The figures remained at above 80 Russian rubles per one euro throughout 2021.

Graph and download economic data for Harmonized Index of Consumer Prices: Refuse Collection for Euro Area (20 Countries) (CP0442MI15EA20M086NEST) from Dec 2000 to Jun 2025 about waste, collection, Euro Area, World, and Europe.

Consumer Confidence In the Euro Area increased to -14.70 points in July from -15.30 points in June of 2025. This dataset provides the latest reported value for - Euro Area Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.