Cryptocurrency Q&A What is the history of the EUR/USD exchange rate?

What is the history of the EUR/USD exchange rate?

Lorenzo Lorenzo Fri Jan 24 2025 | 7 answers 1325
I want to understand the historical background of the EUR/USD exchange rate. How has it fluctuated over time and what factors have influenced these movements? What is the history of the EUR/USD exchange rate?

7 answers

Lorenzo Lorenzo Sun Jan 26 2025
The EUR/USD exchange rate history traces back to the inception of the Euro in January 1991.

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PearlWhisper PearlWhisper Sat Jan 25 2025
When the new currency began to circulate widely within Europe in 2002, the EUR/USD exchange rate stood at 0.8901.

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CryptoGladiatorGuard CryptoGladiatorGuard Sat Jan 25 2025
When the Euro was first introduced, it opened at an exchange rate of 1.1795 against the US Dollar.

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Stefano Stefano Sat Jan 25 2025
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Federica Federica Sat Jan 25 2025
However, shortly after its launch, the value of the Euro began to decline significantly.

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