Exchange Rate in Greece

Greece Exchange Rate (aop) | Economic News & Forecasts

Greece - Exchange Rate (average of period)

Complete data for the fourth quarter show that the economy ended last year on a much weaker footing than initially estimated, recording the sharpest contraction since Q3 2015. The deterioration was driven by nosediving investment and a sharp slowdown in household spending. The abysmal result underscores the challenges facing the debt-burdened country and the lack of progress made towards a sustained recovery despite multiple macroeconomic adjustment programs. In addition, the country’s feeble economic state has increased skepticism over whether the government will be able to hit tough bailout targets. The bailout review was delayed again in March as the government and its creditors remain at odds over required reforms, in particular concerning the labor market. A successful review is needed to unlock fresh funds, which are vital before over EUR 7 billion in bond payments are due in July.

Greece - Exchange Rate (aop) Data

2012  2013  2014  2015  2016  
Exchange Rate (vs USD, aop)1.39  1.33  1.39  1.29  1.33  

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Greece Exchange Rate (aop) Chart

Greece Exchange Rate
Note: U.S. dollar (USD) per euro.
Source: Thomson Reuters.

Greece Facts

Bond Yield7.180.19 %Apr 06
Exchange Rate1.07-0.05 %Apr 06
Stock Market6710.18 %Apr 06

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