Exchange Rate in Germany

Germany Exchange Rate | Economic News & Forecasts

Germany - Exchange Rate

GDP contracted at the steepest pace in over one decade in Q1 due to Covid-19. Household expenditure was particularly hard hit by the government-imposed restrictive measures, limiting economic activity while unemployment rose on average in the quarter. Exports, meanwhile, contracted at the sharpest rate since the first quarter of 2009. However, worse is expected to come in Q2: Private consumption is forecast to freefall due to restrictive measures and skyrocketing unemployment in April, while millions of workers are on reduced hours. Moreover, the lockdown will be dragging on business activity: Operating conditions worsened through May while external demand looks unlikely to provide support. On the other hand, the gradual lifting of measures and additional fiscal measures of EUR 50–100 billion should provide some respite.

Germany - Exchange Rate Data

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

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Germany Exchange Rate Chart


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

Germany Facts

Value Change Date
Bond Yield-0.190.41 %Jan 01
Exchange Rate1.120.65 %Dec 31

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