Euro Exchange Rate | EUR/USD | Finland

The Euro Exchange Rate | EUR/USD | Finland remained unchanged at 1.38 in April from 1.38 in March of 2014. Euro Exchange Rate | EUR/USD | Finland 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 Finland, 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 Finland, interest rate decisions are taken by the Governing Council of the European Central Bank. This page provides - Euro Exchange Rate | EUR/USD | Finland - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

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 | Finland
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Currency 1.38 2014-04-16 1.38 1.87 0.70 1.38 2014-05-31 [+]
Government Bond 10Y 1.78 2014-04-16 1.87 13.55 1.33 1.85 2014-05-31 Percent [+]
Stock Market 7202.94 2014-04-16 7351.47 18303.60 1554.06 7220.60 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

Finland Current Account at 100.00 EUR Million  
Finland recorded a Current Account surplus of 100 EUR Million in February of 2014. Current Account in Finland is reported by the Bank of Finland.
Finland Consumer Price Index (CPI) at 119.60 Index Points  
Consumer Price Index (CPI) in Finland increased to 119.60 Index Points in March of 2014 from 119.30 Index Points in February of 2014. Consumer Price Index (CPI) in Finland is reported by the Statistics Finland.
Finland Inflation Rate MoM at 0.20 Percent  
The Consumer Price Index in Finland increased 0.20 percent in March of 2014 over the previous month. Inflation Rate Mom in Finland is reported by the Statistics Finland.
Finland Inflation Rate at 1.10 Percent  
The inflation rate in Finland was recorded at 1.10 percent in March of 2014. Inflation Rate in Finland is reported by the Statistics Finland.
Finland Unemployment Rate at 9.10 Percent  
Unemployment Rate in Finland increased to 9.10 percent in February of 2014 from 8.50 percent in January of 2014. Unemployment Rate in Finland is reported by the Statistics Finland.
Finland New Orders at 102.90 Index Points  
New Orders in Finland increased to 102.90 Index Points in February of 2014 from 90.90 Index Points in January of 2014. New Orders in Finland is reported by the Statistics Finland.
Finland Producer Prices at 1952.00 Index Points  
Producer Prices in Finland increased to 1952 Index Points in February of 2014 from 1950 Index Points in January of 2014. Producer Prices in Finland is reported by the Statistics Finland.
Finland Producer Prices Change at -1.29 Percent  
Producer Prices in Finland decreased 1.29 percent in February of 2014 over the same month in the previous year. Producer Prices Change in Finland is reported by the Statistics Finland.
Finland Remittances at 5.00 EUR Million  
Remittances in Finland remained unchanged at 5 EUR Million in the third quarter of 2013 from 5 EUR Million in the second quarter of 2013. Remittances in Finland is reported by the Eurostat.
Finland Terms of Trade at 86.10 Index Points  
Terms of Trade in Finland increased to 86.10 Index Points in February of 2014 from 85.80 Index Points in January of 2014. Terms of Trade in Finland is reported by the Statistics Finland.
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