Euro Exchange Rate | EUR/USD | Germany

The Euro Exchange Rate | EUR/USD | Germany remained unchanged at 1.38 in April from 1.38 in March of 2014. Euro Exchange Rate | EUR/USD | Germany 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 Germany, 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 Germany, interest rate decisions are taken by the Governing Council of the European Central Bank. This page provides - Euro Exchange Rate | EUR/USD | Germany - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-21

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 | Germany
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Stock Market 9409.71 2014-04-18 9555.91 9742.96 372.30 9493.89 2014-05-31 Index points [+]
Currency 1.38 2014-04-18 1.38 1.87 0.70 1.38 2014-05-31 [+]
Government Bond 10Y 1.52 2014-04-17 1.57 10.80 1.15 1.64 2014-05-31 Percent [+]
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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

Germany Inflation Rate Slows in March  
Consumer prices in Germany rose by an annual 1.0 percent in March of 2014, matching the preliminary estimate, and decelerating from 1.2 percent in February. The last time an inflation rate of 1.0 percent was observed was in August of 2010.
Germany Trade Surplus Increases 8.6% in February  
German trade surplus widened to € 16.3 billion in February of 2014 from € 15.0 billion in the previous month. Compared with the same month last year, the trade surplus narrowed slightly by 3 percent, as imports rose the most in nearly two-and-a-half years.
German Unemployment Rate Up to 5.1%  
In February of 2014, German seasonally adjusted jobless rate rose slightly to 5.1 percent from 5.0 percent in the previous month, figures published by the Federal Statistical Office showed. Youth unemployment rose to 7.7 percent from 7.6 percent in January.
German Inflation Rate Down to 3-1/2-Year Low  
Annual consumer prices in Germany are expected to slow to 1.0 percent in March of 2014, preliminary figures showed. The inflation rate decelerated for the third consecutive month, as energy prices keep falling.
Germany Inflation Rate Confirmed at 1.2% in February  
German consumer prices rose at a slower 1.2 percent in February of 2014, down from 1.3 percent in the previous month and confirming the preliminary estimate released later in February.
German Trade Surplus Widens in January  
Germany recorded a € 15 billion trade surplus in January of 2014, up from a revised € 13.9 billion in the previous month and € 13.6 billion a year earlier, as exports increased by an annual 2.9 percent and imports by 1.5 percent.
Germany Inflation Rate Down to 1.2% in February  
Consumer prices in Germany are expected to rise by 1.2% in February 2014 compared with February 2013, according to the preliminary data released by the Federal Statistical Office. The relatively low inflation rate is mainly due to decrease in energy prices.
Germany’s Unemployment Rate Down to 5% in January  
In January of 2014, German seasonally adjusted jobless rate fell to 5 percent from 5.1 percent in the previous month, figures published by the Federal Statistical Office showed. Youth unemployment fell slightly to 7.6 percent from 7.7 percent in December.
Exports Drive German GDP Growth in Q4  
In the last quarter of 2013, the German GDP expanded by 0.4 percent on a quarter-on-quarter basis, confirming an earlier estimate and boosted by foreign trade, while domestic demand remained weak.
German GDP Beats Expectations in Q4 2013  
German economic growth accelerated to 0.4 percent in the fourth quarter of 2013 up from 0.3 percent in the previous three-month period, supported by a rise in exports and capital investment.
MORE RELATED NEWS

LATEST NEWS

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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