Euro Exchange Rate | EUR/USD | Estonia

The Euro Exchange Rate | EUR/USD | Estonia remained unchanged at 1.38 in April from 1.38 in March of 2014. Euro Exchange Rate | EUR/USD | Estonia averaged 1.36 from 1957 until 2014, reaching an all time high of 1.87 in July of 1973 and a record low of 0.70 in February of 1985. The euro is the official currency of Estonia, which is a member of the European Union. The Euro Area refers to a currency union among the European Union member states that have adopted the euro as their sole official currency. In Estonia, interest rate decisions are taken by the Governing Council of the European Central Bank. This page provides - Euro Exchange Rate | EUR/USD | Estonia - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.38 1.38 1.87 0.70 1.38 | 2014/05 1957 - 2014 Daily

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Euro Exchange Rate | EUR/USD | Estonia
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Currency 1.38 2014-04-17 1.38 1.87 0.70 1.38 2014-05-31 [+]
Stock Market 793.26 2014-04-17 796.54 1043.29 110.73 792.07 2014-05-31 Index points [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Estonia Remittances at 10.00 EUR Million  
Remittances in Estonia remained unchanged at 10 EUR Million in the third quarter of 2013 from 10 EUR Million in the second quarter of 2013. Remittances in Estonia is reported by the Eurostat.
Estonia Unemployed Persons at 35.42 Thousand  
The number of unemployed persons in Estonia decreased to 35.42 Thousand in March of 2014 from 36.33 Thousand in February of 2014. Unemployed Persons in Estonia is reported by the Statistics Estonia.
Estonia Average Monthly Wages at 986.29 EUR  
Wages in Estonia increased to 986.29 EUR in the fourth quarter of 2013 from 930.26 EUR in the third quarter of 2013. Wages in Estonia is reported by the Statistics Estonia.
Estonia Average Monthly Wages in Manufacturing at 958.99 EUR  
Wages in Manufacturing in Estonia increased to 958.99 EUR in the fourth quarter of 2013 from 918.56 EUR in the third quarter of 2013. Wages in Manufacturing in Estonia is reported by the Statistics Estonia.
Estonia Youth Unemployment Rate at 19.10 Percent  
Youth Unemployment Rate in Estonia decreased to 19.10 percent in December of 2013 from 21.90 percent in November of 2013. Youth Unemployment Rate in Estonia is reported by the Eurostat.
Estonia Car Registrations at 1699.00 Cars  
Car Registrations in Estonia increased to 1699 Cars in March of 2014 from 1424 Cars in February of 2014. Car Registrations in Estonia is reported by the Statistics Estonia.
Estonia Consumer Confidence at -4.30  
Consumer Confidence in Estonia decreased to -4.30 in March of 2014 from -2.60 in February of 2014. Consumer Confidence in Estonia is reported by the Estonian Institute of Economic Research.
Estonia Changes in Inventories at -89.14 EUR Million  
Changes in Inventories in Estonia decreased to -89.14 EUR Million in the fourth quarter of 2013 from 128.56 EUR Million in the third quarter of 2013. Changes in Inventories in Estonia is reported by the Statistics Estonia.
Estonia Consumer Price Index (CPI) at 196.77 Index Points  
Consumer Price Index (CPI) in Estonia increased to 196.77 Index Points in March of 2014 from 196.19 Index Points in February of 2014. Consumer Price Index (CPI) in Estonia is reported by the Statistics Estonia.
Estonia Consumer Spending at 1744.10 EUR Million  
Consumer Spending in Estonia increased to 1744.10 EUR Million in the fourth quarter of 2013 from 1701.40 EUR Million in the third quarter of 2013. Consumer Spending in Estonia is reported by the Statistics Estonia.
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Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
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