When converted to the value of one US dollar in 2020, goods and services that cost one dollar in 1700 would cost just over 63 dollars in 2020, this means that one dollar in 1700 was worth approximately 63 times more than it is today. This data can be used to calculate how much goods and services from the years shown would cost today, by multiplying the price from then by the number shown in the graph. For example, an item that cost 50 dollars in 1970 would theoretically cost 335.5 US dollars in 2020 (50 x 6.71 = 335.5), although it is important to remember that the prices of individual goods and services inflate at different rates than currency, therefore this graph must only be used as a guide.
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 1.09 USD recorded at the end of March 21, 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.
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.
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Graph and download economic data for Nominal Broad U.S. Dollar Index (DTWEXBGS) from 2006-01-02 to 2025-03-21 about trade-weighted, broad, exchange rate, currency, goods, services, rate, indexes, and USA.
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Long term historical dataset of the daily U.S. Dollar - Chinese Yuan (USDCNY) exchange rate back to 1981.
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Nigeria NG: DEC Alternative Conversion Factor: per USD data was reported at 305.789 NGN/USD in 2017. This records an increase from the previous number of 253.490 NGN/USD for 2016. Nigeria NG: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 7.755 NGN/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 305.789 NGN/USD in 2017 and a record low of 0.714 NGN/USD in 1970. Nigeria NG: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.; ; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; ; In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
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Long term historical dataset of the daily U.S. Dollar - Japanese Yen (USDJPY) exchange rate back to 1971.
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United States US: DEC Alternative Conversion Factor: per USD data was reported at 1.000 USD/USD in 2017. This stayed constant from the previous number of 1.000 USD/USD for 2016. United States US: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 1.000 USD/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 1.000 USD/USD in 2017 and a record low of 1.000 USD/USD in 2017. United States US: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.; ; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; ; In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
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Graph and download economic data for Japanese Yen to U.S. Dollar Spot Exchange Rate (DEXJPUS) from 1971-01-04 to 2025-03-21 about Japan, exchange rate, currency, rate, and USA.
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Graph and download economic data for Canadian Dollars to U.S. Dollar Spot Exchange Rate (DEXCAUS) from 1971-01-04 to 2025-03-21 about Canada, exchange rate, currency, rate, and USA.
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Dominican Republic DO: DEC Alternative Conversion Factor: per USD data was reported at 47.584 DOP/USD in 2017. This records an increase from the previous number of 46.078 DOP/USD for 2016. Dominican Republic DO: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 6.226 DOP/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 47.584 DOP/USD in 2017 and a record low of 1.000 DOP/USD in 1984. Dominican Republic DO: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Dominican Republic – Table DO.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.; ; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; ; In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
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Bosnia and Herzegovina BA: DEC Alternative Conversion Factor: per USD data was reported at 1.809 USD/BAM in 2023. This records a decrease from the previous number of 1.859 USD/BAM for 2022. Bosnia and Herzegovina BA: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 1.598 USD/BAM from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 2.186 USD/BAM in 2001 and a record low of 0.000 USD/BAM in 1990. Bosnia and Herzegovina BA: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bosnia and Herzegovina – Table BA.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.;International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.;;In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
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Thailand US Dollar Trade Conversion Factor data was reported at 32.485 THB/USD in Oct 2018. This records a decrease from the previous number of 32.895 THB/USD for Sep 2018. Thailand US Dollar Trade Conversion Factor data is updated monthly, averaging 33.140 THB/USD from Jan 1990 (Median) to Oct 2018, with 346 observations. The data reached an all-time high of 53.613 THB/USD in Jan 1998 and a record low of 24.515 THB/USD in May 1995. Thailand US Dollar Trade Conversion Factor data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under Global Database’s Thailand – Table TH.M007: Exchange Rates: Ministry of Commerce.
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Canada CA: DEC Alternative Conversion Factor: per USD data was reported at 1.350 USD/CAD in 2023. This records an increase from the previous number of 1.302 USD/CAD for 2022. Canada CA: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 1.178 USD/CAD from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1.569 USD/CAD in 2002 and a record low of 0.970 USD/CAD in 1960. Canada CA: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.;International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.;;In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
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.
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Colombia CO: DEC Alternative Conversion Factor: per USD data was reported at 4,325.955 USD/COP in 2023. This records an increase from the previous number of 4,256.194 USD/COP for 2022. Colombia CO: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 653.769 USD/COP from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 4,325.955 USD/COP in 2023 and a record low of 6.635 USD/COP in 1960. Colombia CO: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.;International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.;;In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
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New Zealand NZ: DEC Alternative Conversion Factor: per USD data was reported at 1.407 NZD/USD in 2017. This records a decrease from the previous number of 1.437 NZD/USD for 2016. New Zealand NZ: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 1.398 NZD/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 2.389 NZD/USD in 2001 and a record low of 0.514 NZD/USD in 1960. New Zealand NZ: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s New Zealand – Table NZ.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.; ; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; ; In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
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Long term historical dataset of the daily British Pound - U.S. Dollar (GBPUSD) exchange rate back to 1971.
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Morocco MA: DEC Alternative Conversion Factor: per USD data was reported at 9.692 MAD/USD in 2017. This records a decrease from the previous number of 9.807 MAD/USD for 2016. Morocco MA: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 8.226 MAD/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 11.303 MAD/USD in 2001 and a record low of 3.899 MAD/USD in 1979. Morocco MA: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Morocco – Table MA.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.; ; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; ; In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
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South Africa ZA: DEC Alternative Conversion Factor: per USD data was reported at 13.313 ZAR/USD in 2017. This records a decrease from the previous number of 14.709 ZAR/USD for 2016. South Africa ZA: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 1.959 ZAR/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 14.709 ZAR/USD in 2016 and a record low of 0.679 ZAR/USD in 1974. South Africa ZA: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.; ; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; ; In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
When converted to the value of one US dollar in 2020, goods and services that cost one dollar in 1700 would cost just over 63 dollars in 2020, this means that one dollar in 1700 was worth approximately 63 times more than it is today. This data can be used to calculate how much goods and services from the years shown would cost today, by multiplying the price from then by the number shown in the graph. For example, an item that cost 50 dollars in 1970 would theoretically cost 335.5 US dollars in 2020 (50 x 6.71 = 335.5), although it is important to remember that the prices of individual goods and services inflate at different rates than currency, therefore this graph must only be used as a guide.