Euro Exchange Rate | EUR/USD | Montenegro

The Euro Exchange Rate | EUR/USD | Montenegro remained unchanged at 1.38 in April from 1.38 in March of 2014. Euro Exchange Rate | EUR/USD | Montenegro 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 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. This page provides - Euro Exchange Rate | EUR/USD | Montenegro - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

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 | Montenegro
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Currency 1.38 2014-04-22 1.38 1.87 0.70 1.38 2014-05-31 [+]
Stock Market 10115.58 2014-04-22 10388.02 48617.88 918.57 10187.62 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

Montenegro Unemployment Rate at 14.94 Percent  
Unemployment Rate in Montenegro remained unchanged at 14.94 percent in March of 2014 from 14.94 percent in February of 2014. Unemployment Rate in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Changes in Inventories at 30907.00 EUR THO  
Changes in Inventories in Montenegro increased to 30907 EUR THO in 2012 from -8091 EUR THO in 2011. Changes in Inventories in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Consumer Price Index (CPI) at 99.10 Index Points  
Consumer Price Index (CPI) in Montenegro decreased to 99.10 Index Points in March of 2014 from 99.40 Index Points in February of 2014. Consumer Price Index (CPI) in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Consumer Spending at 2631969.00 EUR THO  
Consumer Spending in Montenegro decreased to 2631969 EUR THO in 2012 from 2667366 EUR THO in 2011. Consumer Spending in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Employed Persons at 168805.00  
The number of employed persons in Montenegro increased to 168805 in February of 2014 from 167616 in January of 2014. Employed Persons in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Government Spending at 679108.00 EUR THO  
Government Spending in Montenegro decreased to 679108 EUR THO in 2012 from 695316 EUR THO in 2011. Government Spending in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Loans to Private Sector at 887104.00 EUR THO  
Loans to Private Sector in Montenegro increased to 887104 EUR THO in March of 2014 from 882555 EUR THO in February of 2014. Loans to Private Sector in Montenegro is reported by the Central Bank of Montenegro.
Montenegro Producer Prices at 99.70 Index Points  
Producer Prices in Montenegro increased to 99.70 Index Points in March of 2014 from 98.80 Index Points in February of 2014. Producer Prices in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Retail Sales YoY at 4.90 Percent  
Retail Sales in Montenegro increased 4.90 percent in February of 2014 over the same month in the previous year. Retail Sales Yoy in Montenegro is reported by the Statistical Office of Montenegro, MONSTAT.
Montenegro Tourist Arrivals at 163.00 Hundreds  
Tourist Arrivals in Montenegro increased to 163 Hundreds in February of 2014 from 159 Hundreds in January of 2014. Tourist Arrivals in Montenegro is reported by the Statistical Office of Montenegro (MONSTAT).
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Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
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