The euro changed hands at $1.225 on Friday, having touched $1.227 for the first time since April 2018 on Thursday. It also headed for a 1.1% weekly gain against the USD, as demand for riskier currencies has been recently supported by hopes of a post-Brexit trade deal and the prospect of additional fiscal stimulus in the US.
Historically, the Euro Dollar Exchange Rate - EUR/USD reached an all time high of 1.87 in July of 1973.The euro was only introduced as a currency on the first of January of 1999. However, synthetic historical prices going back much further can be modeled if we consider a weighted average of the previous currencies. Euro Dollar Exchange Rate - EUR/USD - data, forecasts, historical chart - was last updated on December of 2020.
The Euro Dollar Exchange Rate - EUR/USD is expected to trade at 1.22 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.21 in 12 months time.