Exchange Rate in Euro Area
Harmonized inflation rose in April, surprising markets on the upside by increasing to 7.0% from March’s 6.9%. Inflation should resume its downward trend ahead, curbed by tighter financing conditions and cooling domestic demand. A wage-price spiral poses an upside risk, as does a less-hawkish-than-expected monetary policy stance should financial turbulence reignite.
Euro Area Exchange Rate Chart
This chart displays Exchange Rate (USD per EUR, eop) for Euro Area from 2013 to 2022.
Euro Area Exchange Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Exchange Rate (USD per EUR, eop) | 1.20 | 1.14 | 1.12 | 1.22 | 1.14 |