Exchange Rate in France
France is part of the Euro area single currency bloc. The euro saw volatility over the last decade in response to changes in global risk sentiment, and relative interest rates in the U.S. vs Europe. That said, the euro has tended to depreciate vs the dollar, likely on higher safe-haven demand, a negative interest rate differential with the U.S. and the United States' economic outperformance relative to the Eurozone.
The exchange rate ended 2024 at USD 1.04, compared to the end-2023 value of USD 1.10 and the figure a decade earlier of USD 1.21. It averaged USD 1.13 over the last decade. For more exchange rate information, visit our dedicated page.
France Exchange Rate Chart
Note: This chart displays Exchange Rate (USD per EUR, eop) for France from 2024 to 2016.
Source: Macrobond.
France Exchange Rate Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Exchange Rate (USD per EUR, eop) | 1.22 | 1.14 | 1.07 | 1.10 | 1.04 |
| Exchange Rate (USD per EUR, aop) | 1.14 | 1.18 | 1.05 | 1.08 | 1.08 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects French exchange rate projections for the next ten years from a panel of 49 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable exchange rate forecast available for French exchange rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our French exchange rate projections.
Want to get access to the full dataset of French exchange rate forecasts? Send an email to info@focus-economics.com.