Exchange Rate in Finland

Finland Exchange Rate | Economic News & Forecasts

Finland - Exchange Rate

The economy looks set to be hit hard in the second quarter, having slipped into technical recession following an external sector-led downturn in the first quarter. Economic activity collapsed at an over-decade fast pace in April amid tumbling industrial output and a struggling external sector—exports shrank for the fourth month in a row in April. Furthermore, slackening retail sales in the same month and deeply pessimistic consumer sentiment during April–May signal a contraction in private consumption in the second quarter. However, green shoots are appearing amid the gloom, with the easing of restrictions taking place in advance of most regional peers and the government announcing further recovery funds in early June. High-frequency data showed an uptick in work and leisure activities in recent weeks boding well for a robust albeit slow recovery in activity at the tail end of Q2.

Finland - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)1.09  1.05  1.20  1.14  1.12  

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Finland Exchange Rate Chart

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

Finland Facts

Value Change Date
Bond Yield0.033.70 %Dec 30
Exchange Rate8.78-0.38 %Jan 01

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