The euro traded at $1.16, near its weakest level since early April, as investors weighed mixed economic data and monitored US-Iran negotiations. German consumer sentiment improved heading into June, defying expectations of a further decline, driven by a rebound in income expectations. Business confidence also edged higher in May, recovering from April’s six-year low, while a separate report confirmed 0.3% GDP growth in Q1 2026. However, Thursday’s PMI revealed the euro area economy unexpectedly contracted in May at the fastest pace since late 2023, amid a war-driven surge in living costs. S&P Global warned the data points to inflation nearing 4% in the coming months. Money markets are pricing in at least two ECB rate hikes before year-end. Meanwhile, investors grew more optimistic about progress in US-Iran peace negotiations after US Senator Marco Rubio noted "some good signs" in Iran talks, though Tehran’s uranium stockpile and control over the Strait of Hormuz remain key obstacles.

The EUR/USD exchange rate fell to 1.1594 on May 22, 2026, down 0.13% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 0.76%, but it's up by 1.99% 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 May 24 of 2026.

The EUR/USD exchange rate fell to 1.1594 on May 22, 2026, down 0.13% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 0.76%, but it's up by 1.99% 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 1.1602 -0.0017 -0.14% 2.06% May/22
EURGBP 0.8639 -0.0011 -0.13% 2.86% May/22
EURAUD 1.6278 0.0027 0.17% -7.12% May/22
EURNZD 1.9848 0.0068 0.34% 4.59% May/22
EURJPY 184.7080 0.0100 0.01% 13.58% May/22
EURCNY 7.8893 -0.0114 -0.14% -3.21% May/22
EURCHF 0.9108 -0.0031 -0.34% -2.37% May/22
EURCAD 1.6035 0.0030 0.19% 2.67% May/22
EURMXN 20.1417 0.0352 0.18% -7.88% May/22
EURINR 110.9443 -0.7806 -0.70% 14.71% May/22
EURBRL 5.8252 -0.0056 -0.10% -9.64% May/22
EURRUB 82.3159 -0.4223 -0.51% -8.92% May/22
EURKRW 1,758.9239 10.7442 0.61% 12.81% May/22
EURIDR 20,526.7258 20.5292 0.10% 11.15% May/22
EURPLN 4.2398 -0.0008 -0.02% -0.80% May/22
EURSEK 10.8812 0.0272 0.25% 0.36% May/22
EURCZK 24.2855 -0.0020 -0.01% -2.29% May/22
EURHUF 358.7745 -0.1050 -0.03% -11.06% May/22
EURNOK 10.7495 0.0157 0.15% -6.55% May/22
EURZAR 19.1014 -0.0124 -0.06% -5.81% May/22



Related Last Previous Unit Reference
Euro Area Inflation Rate 3.00 2.60 percent Apr 2026
United States Inflation Rate 3.80 3.30 percent Apr 2026
Euro Area Interest Rate 2.15 2.15 percent Apr 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Apr 2026
United States Non Farm Payrolls 115.00 185.00 Thousand Apr 2026
United States Unemployment Rate 4.30 4.30 percent Apr 2026
Euro Area Unemployment Rate 6.20 6.30 percent Mar 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
1.16 1.16 1.87 0.64 1957 - 2026 Daily

News Stream
Euro Remains Weak Amid Mixed Data, Iran Talks
The euro traded at $1.16, near its weakest level since early April, as investors weighed mixed economic data and monitored US-Iran negotiations. German consumer sentiment improved heading into June, defying expectations of a further decline, driven by a rebound in income expectations. Business confidence also edged higher in May, recovering from April’s six-year low, while a separate report confirmed 0.3% GDP growth in Q1 2026. However, Thursday’s PMI revealed the euro area economy unexpectedly contracted in May at the fastest pace since late 2023, amid a war-driven surge in living costs. S&P Global warned the data points to inflation nearing 4% in the coming months. Money markets are pricing in at least two ECB rate hikes before year-end. Meanwhile, investors grew more optimistic about progress in US-Iran peace negotiations after US Senator Marco Rubio noted "some good signs" in Iran talks, though Tehran’s uranium stockpile and control over the Strait of Hormuz remain key obstacles.
2026-05-22
Euro Near Early-April Lows as Weak PMI Signals Contraction
The euro erased early gains to trade around $1.16, close to its weakest level since early April, as investors assessed weak S&P Global flash PMI data and Middle East developments. The survey revealed that the euro area economy unexpectedly contracted in May at the fastest pace since late 2023, with a war-driven surge in living costs suppressing service demand and pushing input price inflation to a three-year high. S&P Global also cautioned that the data points to inflation nearing 4% in the coming months. At the same time, crude prices remained close to four-year highs amid doubts that a US–Iran deal can be reached soon or that traffic through the Strait of Hormuz will be fully restored. The European Central Bank, which held interest rates steady last month but discussed a potential increase, has signaled both publicly and privately that a rate hike could come as early as June.
2026-05-21
Euro Rebounds as Investors Digest PMI Data
The euro climbed to $1.163, recovering from one-month lows, as investors digested S&P Global flash PMI data and Middle East developments. The survey revealed the euro area economy unexpectedly contracted in May at the fastest pace since late 2023, with a war-driven surge in living costs suppressing service demand and pushing input price inflation to a three-year high. France recorded its sharpest contraction since 2020, while Germany’s output fell for a second consecutive month. S&P Global also cautioned that the data points to inflation nearing 4% in the coming months. The European Central Bank, which held rates steady last month but discussed a potential increase, has signaled, both publicly and privately, that a rate hike could come as early as June. Elsewhere, Brent crude prices stayed elevated after President Donald Trump said Iran negotiations were in the "final stages" but warned of renewed attacks if Tehran rejected his terms.
2026-05-21