The euro edged lower to $1.152 as traders weighed the latest in US-Iran negotiations, including a 10-day extension of President Donald Trump’s deadline for a deal to April 6. While German Foreign Minister Johann Wadephul confirmed indirect contacts and upcoming direct talks in Pakistan, the muted market reaction suggests skepticism that a breakthrough is imminent, with President Trump seen as buying time to bolster military presence in the region. Meanwhile, Spain’s inflation surged to 3.3% in March, the highest since June 2024, though below expectations of 3.9%. The shift in ECB policy expectations has been stark: traders now price in at least two interest rate hikes this year, with a strong chance of a third, reversing earlier bets on a 40% likelihood of a 2026 cut.

The EUR/USD exchange rate fell to 1.1504 on March 27, 2026, down 0.17% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 1.57%, but it's up by 6.23% over the last 12 months. Historically, the Euro US Dollar Exchange Rate - EUR/USD reached an all time high of 1.87 in July of 1973.The euro was only introduced as a currency on the first of January of 1999. However, synthetic historical prices going back much further can be modeled if we consider a weighted average of the previous currencies. Euro US Dollar Exchange Rate - EUR/USD - data, forecasts, historical chart - was last updated on March 28 of 2026.

The EUR/USD exchange rate fell to 1.1504 on March 27, 2026, down 0.17% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 1.57%, but it's up by 6.23% over the last 12 months. The Euro US Dollar Exchange Rate - EUR/USD is expected to trade at 1.16 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.19 in 12 months time.



Crosses Price Day Year Date
EURUSD 1.1509 -0.0019 -0.16% 6.27% Mar/27
EURGBP 0.8679 0.0031 0.36% 3.75% Mar/27
EURAUD 1.6749 0.0010 0.06% -2.78% Mar/27
EURNZD 2.0017 -0.0004 -0.02% 5.68% Mar/27
EURJPY 184.4565 0.2490 0.14% 13.66% Mar/27
EURCNY 7.9639 -0.0135 -0.17% 1.08% Mar/27
EURCHF 0.9195 0.0028 0.31% -3.59% Mar/27
EURCAD 1.5991 0.0014 0.09% 3.20% Mar/27
EURMXN 20.8502 0.1735 0.84% -5.50% Mar/27
EURINR 108.9116 0.3035 0.28% 17.57% Mar/27
EURBRL 6.0278 -0.0120 -0.20% -2.88% Mar/27
EURRUB 93.8134 0.0076 0.01% 1.98% Mar/27
EURKRW 1,737.5755 -0.7175 -0.04% 9.77% Mar/27
EURIDR 19,528.9000 16.1315 0.08% 8.61% Mar/27
EURPLN 4.2819 0.0059 0.14% 2.44% Mar/27
EURSEK 10.9042 0.0279 0.26% 0.62% Mar/27
EURCZK 24.5138 0.0074 0.03% -1.74% Mar/27
EURHUF 389.6045 1.7895 0.46% -3.16% Mar/27
EURNOK 11.2123 0.0274 0.24% -1.20% Mar/27
EURZAR 19.6860 -0.0603 -0.31% -1.32% Mar/27



Related Last Previous Unit Reference
Euro Area Inflation Rate 1.90 1.70 percent Feb 2026
United States Inflation Rate 2.40 2.40 percent Feb 2026
Euro Area Interest Rate 2.15 2.15 percent Mar 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Mar 2026
United States Non Farm Payrolls -92.00 126.00 Thousand Feb 2026
United States Unemployment Rate 4.40 4.30 percent Feb 2026
Euro Area Unemployment Rate 6.10 6.20 percent Jan 2026

Euro US Dollar Exchange Rate - EUR/USD
The EURUSD spot exchange rate specifies how much one currency, the EUR, is currently worth in terms of the other, the USD. While the EURUSD spot exchange rate is quoted and exchanged in the same day, the EURUSD forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
1.15 1.15 1.87 0.64 1957 - 2026 Daily

News Stream
Euro Under Pressure Amid US-Iran Tensions and Spanish Inflation Jump
The euro edged lower to $1.152 as traders weighed the latest in US-Iran negotiations, including a 10-day extension of President Donald Trump’s deadline for a deal to April 6. While German Foreign Minister Johann Wadephul confirmed indirect contacts and upcoming direct talks in Pakistan, the muted market reaction suggests skepticism that a breakthrough is imminent, with President Trump seen as buying time to bolster military presence in the region. Meanwhile, Spain’s inflation surged to 3.3% in March, the highest since June 2024, though below expectations of 3.9%. The shift in ECB policy expectations has been stark: traders now price in at least two interest rate hikes this year, with a strong chance of a third, reversing earlier bets on a 40% likelihood of a 2026 cut.
2026-03-27
Euro Holds Below $1.16 on Middle East Tensions
The euro remained under pressure below $1.16 as investors shunned riskier assets amid escalating US-Iran tensions. Washington insisted Iran seeks a deal while deploying more troops to the region, but Iran’s foreign minister dismissed talks, instead demanding control over the Strait of Hormuz. Markets now expect two to three ECB rate hikes by year-end, following ECB President Christine Lagarde’s warning that the bank stands ready to act "at any meeting" to counter inflation risks from energy shocks. German consumer confidence also slumped to a two-year low heading into April, highlighting the conflict’s economic fallout.
2026-03-26
Euro Holds at $1.16 as Middle East Tensions Ease
The euro steadied near $1.16 on growing hopes of de-escalation in the Middle East, after reports that Washington proposed a 15-point peace plan to Tehran following a potential one-month ceasefire. Iran dismissed the claims, stating it was not engaged in negotiations and reiterating its distrust of US diplomacy. Brent crude dipped below $100 a barrel, easing fears of inflation driven by soaring energy costs and leading investors to trim expectations for rate hikes. ECB President Christine Lagarde warned that while the central bank is assessing the economic impact of the conflict, it stands prepared to adjust policy "at any meeting" if the energy price surge risks fueling broader inflation. Markets now price in only two ECB rate increases by year-end, down from earlier forecasts of three.
2026-03-25