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. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.38 1.38 1.87 0.70 1.39 | 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 2014-04-23 1.38 1.87 0.70 1.39 2014-05-31 [+]
Stock Market 799.50 2014-04-23 796.54 1043.29 110.73 790.05 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.


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Business Confidence in Estonia decreased to 102.60 in March of 2014 from 103.70 in February of 2014. Business Confidence in Estonia is reported by the Estonian Institute of Economic Research.
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Estonia recorded a Current Account deficit of 25.10 EUR Million in the fourth quarter of 2013. Current Account in Estonia is reported by the Bank of Estonia.
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Capacity Utilization in Estonia decreased to 72.30 percent in the first quarter of 2014 from 72.50 percent in the fourth quarter of 2013. Capacity Utilization in Estonia is reported by the European Commission.
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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.
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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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