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. 2014-04-18

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 2014-04-17 1.38 1.87 0.70 1.38 2014-05-31 [+]
Stock Market 10164.41 2014-04-17 10388.02 48617.88 918.57 9991.59 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 Inflation Rate MoM at 0.10 Percent  
The Consumer Price Index in Montenegro increased 0.10 percent in March of 2014 over the previous month. Inflation Rate Mom in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Inflation Rate at -0.90 Percent  
The inflation rate in Montenegro was recorded at -0.90 percent in March of 2014. Inflation Rate in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Current Account at -256593.09 EUR Thousand  
Montenegro recorded a Current Account deficit of 256593.09 EUR Thousand in the fourth quarter of 2013. Current Account in Montenegro is reported by the Central Bank of Montenegro.
Montenegro Exports at 22219.50 EUR Thousand  
Exports in Montenegro decreased to 22219.50 EUR Thousand in February of 2014 from 22563 EUR Thousand in January of 2014. Exports in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Imports at 112719.00 EUR Thousand  
Imports in Montenegro increased to 112719 EUR Thousand in February of 2014 from 83024 EUR Thousand in January of 2014. Imports in Montenegro is reported by the Central Bank of Montenegro.
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 99.40 Index Points  
Consumer Price Index (CPI) in Montenegro decreased to 99.40 Index Points in February of 2014 from 99.60 Index Points in January 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.
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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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