Euro Exchange Rate | EUR/USD | Luxembourg

The Euro Exchange Rate | EUR/USD | Luxembourg remained unchanged at 1.38 in April from 1.38 in March of 2014. Euro Exchange Rate | EUR/USD | Luxembourg 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 Luxembourg, 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 Luxembourg, interest rate decisions are taken by the Governing Council of the European Central Bank. This page provides - Euro Exchange Rate | EUR/USD | Luxembourg - 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 | Luxembourg
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Currency 1.38 2014-04-18 1.38 1.87 0.70 1.38 2014-05-31 [+]
Stock Market 1505.52 2014-04-18 1524.02 2578.24 639.86 1484.72 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

Luxembourg GDP Deflator at 136.18 Index Points  
GDP Deflator in Luxembourg increased to 136.18 Index Points in the fourth quarter of 2013 from 132.74 Index Points in the third quarter of 2013. GDP Deflator in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Government Budget Value at 25.50 EUR Million  
Luxembourg recorded a government budget surplus of 25.50 EUR Million in 2013. Government Budget Value in Luxembourg is reported by the Banque Centrale Du Luxembourg.
Luxembourg Government Spending at 1577.20 EUR Million  
Government Spending in Luxembourg increased to 1577.20 EUR Million in the fourth quarter of 2013 from 1569.20 EUR Million in the third quarter of 2013. Government Spending in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Gross Fixed Capital Formation at 1577.40 EUR Million  
Gross Fixed Capital Formation in Luxembourg decreased to 1577.40 EUR Million in the fourth quarter of 2013 from 2163.40 EUR Million in the third quarter of 2013. Gross Fixed Capital Formation in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Harmonised Consumer Prices at 123.76 Index Points  
Harmonised Consumer Prices in Luxembourg increased to 123.76 Index Points in March of 2014 from 123.71 Index Points in February of 2014. Harmonised Consumer Prices in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Housing Permits at 229.00  
Housing Index in Luxembourg increased to 229 in September of 2013 from 224 in August of 2013. Housing Index in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Labour Costs at 101.10 Index Points  
Labour Costs in Luxembourg decreased to 101.10 Index Points in January of 2014 from 128.90 Index Points in December of 2013. Labour Costs in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg New Orders at 83.40 Index Points  
New Orders in Luxembourg decreased to 83.40 Index Points in February of 2013 from 106.70 Index Points in January of 2013. New Orders in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Producer Prices at 104.51 Index Points  
Producer Prices in Luxembourg decreased to 104.51 Index Points in January of 2014 from 104.92 Index Points in December of 2013. Producer Prices in Luxembourg is reported by the STATEC, Luxembourg.
Luxembourg Remittances at 22.00 EUR Million  
Remittances in Luxembourg increased to 22 EUR Million in the third quarter of 2013 from 17 EUR Million in the second quarter of 2013. Remittances in Luxembourg is reported by the Eurostat.
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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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