Exchange Rate in Cyprus

Cyprus Exchange Rate | Economic News & Forecasts

Cyprus - Exchange Rate

The economy is set to be battered in the second quarter as the full impact of restrictions to contain Covid-19’s spread is felt. This comes on the heels of a weak first quarter which saw annual GDP growth slow to a five-year low due to the plunge in exports as the pandemic started to suppress foreign demand. In April, the unemployment rate jumped to an over two-year high as non-essential businesses suspended operations, which was also reflected by the collapse in retail sales that same month. Meanwhile, both business and consumer confidence remained in the doldrums in April–May, though are showing signs of improvement as restrictions began to be eased in May. On the policy front, the government announced a third spending package of EUR 150 million on 17 June to continue supporting the economy through October, with the key tourism sector being one of the main beneficiaries.

Cyprus - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)-     -     -     -     -     

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Cyprus Exchange Rate Chart

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

Cyprus Facts

Value Change Date
Exchange Rate1.120.65 %Dec 31

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