European Central Bank. "In Italy Election, Anti-E.U. This confidence didn't last long though, with the euro ending 2010 at $1.33.. This happened for two reasons—investors abandoned the dollar, thanks to the U.S. debt default crisis. It fell to a two-year low of $1.25 in November, when the ECB announced that it would keep interest rates low. It then fell to $1.21 by the year's end on fears that Greece would drop out of the eurozone after its Jan. 28 presidential election. Euromoney. European Central Bank. On Monday, it fell to $1.10. TD Securities: GBP/USD Rate Headwinds Even with a EU Trade Deal. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page.   High euro to dollar exchange rates mean that your dollar could purchase more in the European Union, while a low rate means you would purchase less there. 120 day | 2016: On Jan.1, the euro was worth $1.08. Select your currencies and the date to get histroical rate tables. Others may read the same data and decide that the value of the currencies will decline instead—these traders begin to bid the price down. Current US Dollar Exchange Rates Accessed June 5, 2020. EUR USD (Euro / US Dollar) The most traded currency pairs in the world are called “the Majors” and the EURUSD leads this group as the most traded pair in the world. 2019: On Jan. 2, the euro was worth $1.14. Accessed June 5, 2020. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. It ended the year up a bit at $1.38. Accessed June 5, 2020. Despite this volatility, the EU allows the euro's value to be decided by the forex market. Investors hoped the ECB would end its QE program and begin raising interest rates. The confidence was short-lived as Italy's populist election results threatened the eurozone.. "European Union." Get historic exchange rates for past Euro foreign expenses. The attacks prompted a flight to safety toward the dollar, weakening the euro. The euro fell to $1.16 after Germany's close election, then regained its strength, ending the year at $1.20. This drove the euro's value to $1.33. "ECB Finds Total Capital Shortfall of €14.4 Billion for Four Significant Greek Banks." Current exchange rate EURO (EUR) to US DOLLAR (USD) including currency converter, buying & selling rate and historical conversion chart. It remained above $1.30 until Sept. 4. Accessed June 5, 2020. In addition, investors' fears of the $13 trillion U.S. debt caused them to flee the dollar and dollar-denominated bonds. European Central Bank. 60 day | As the eurozone economy strengthened, so did the euro itself. It fell throughout the year as investors fled to the U.S. dollar, concerned about the decline of global trade due to Trump's trade war. This is the Euro (EUR) to US Dollar (USD) exchange rate history summary page, detailing 180 days of EUR USD historical data from Tuesday 21/04/2020 to … Accessed June 5, 2020. Accessed June 5, 2020. Accessed August 10, 2020. "Open Market Operations." 2008: The euro started the year at $1.47. Italy's presidential election increased the risk that its banks would not regain their health lost in previous years. "Can the Euro Catch up With the Dollar?" "Coronavirus Disease 2019 (COVID-19)." The ECB lowered its interest rate to 0.25% on Nov. 7, 2013, in response to fears of deflation. 2011: The euro started the year at $1.34, then rose to a high of $1.47 in July. View a graph which plots historical exchange rates for the Euro against the US Dollar Invert table The table currently shows historical exchange rates for Euros per 1 US Dollar. It was worth $1.05 on January 1. Accessed June 5, 2020. Board of Governors of the Federal Reserve System. It rose to a high for the year at $1.39 on May 7, 2014. CHART: She writes about the U.S. Economy for The Balance. 2014: The euro started the year at $1.38. It rose to $1.13 on Feb. 11, as the Dow fell into a stock market correction. European CEO. 2012: The worsening eurozone crisis pummeled the euro. Accessed June 5, 2020. "Three Hours of Terror in Paris, Moment by Moment." Many wondered whether the eurozone itself would survive. The European Institute. European Central Bank. It strengthened to $1.40 by Feb. 1 in response to signs that the eurozone debt crisis was being addressed. Please check your download folder. Since the euro's launch on Jan. 1, 1999, it has spent less than two years valued at less than a dollar. On March 12, 2015, the ECB started buying the bonds. By Sept. 8, it strengthened to $1.20. The euro started the year at $1.27, then rose to a brief high of $1.35 in February as investors were calmed by an intergovernmental treaty agreed to in December 2011. The risk of renewing a recession offset the possibility of a higher return in holding euros, euro-denominated bonds or investments.

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