Exchange Rate in Greece

Greece Exchange Rate | Economic News & Forecasts

Greece - Exchange Rate

Available data points to a slight improvement in activity in Q1, after growth slowed in Q4 2018 amid flagging domestic demand. Although industrial production growth lost pace in February, dragged by a contraction of the power supply sector, the quarterly average looks likely to exceed that of Q4. Moreover, the manufacturing PMI climbed to a one-year high in March which, coupled with an improved assessment of business conditions in the services sector, bodes well for overall private-sector dynamics in the quarter. Meanwhile, Eurozone finance ministers agreed early this month to disburse a EUR 970 million grant to Greece as part of a post-bailout program, signaling continued confidence by creditors in the country’s reform agenda. In addition, the government ended 2018 with a higher-than-expected primary budget surplus—a testament of authorities’ commitment to fiscal discipline.

Greece - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)1.38  1.21  1.09  1.05  1.20  

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Greece Exchange Rate Chart

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

Greece Facts

Bond Yield4.060.76 %May 13
Exchange Rate1.120.65 %May 13
Stock Market725-1.46 %May 13

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