Free Currency Calculator
Our US Dollar to Euro Currency Converter allows you to convert from USD US Dollars $ into Euros. This US Dollar to Euro currency calculator lets you see the conversion rates between USD and EUR, most traded countries of the European Union, peak euro exchange rates, history of currency exchange rates between USD and EUR.
$ USD -> € EUR Foreign Exchange Rates – Bureau de Change
The Euro only became the Official Trading Currency of the European Union in January of 1999. The Euro has been fluctuating wildly over the last few years with a strong surge back in 2009 due to American economic turmoil. There was a major collapse on October 24th 2011 when Standard and Poor’s downgraded USA credit rating from AAA to AA+. This led many people to believe that USD is weakening against EUR which then lead European Union stock markets into free fall as well as Gold prices soaring upwards.
The US Dollar continues to remain strong because of USA trade deficit – more money leaves USA than enters it every year; however this could change at any moment if China devalued their currency or other countries stop buying their debt securities.
Not every country in Europe uses Euros, notably the United Kingdom GBP and Switzerland CHF.
The exchange rate between US Dollars $ and Euros € can change hourly based on demand for those currencies across foreign exchanges or even faster due to changes in government policy or fluctuations in supply and demand from other markets like oil prices which have an inverse relationship with US Dollar/Euros rates since a lot of oil that trades on world market comes from USA.
If you’re looking at either investing long term, or short term in USD to EUR, then you might want to consider the following:
- What is going on with the US economy?
- How will US government policies affect US Dollar/Euros rates?
- Are there any major world events that could impact the exchange rate between USD and EUR?
Events like natural disasters or conflict often have a negative effect on currency trading because they cause investors to pull their money out of countries where those events take place for fear of losing them. This causes people to flood into other currencies which increases demand for those currencies and drives up prices. It can also lead people away from riskier investments like stocks, bonds, commodities etc… towards safer options such as cash holdings (money in the bank) or gold.
American Dollars Exchange Rate History
The US Dollar (sign: $; code: USD; also abbreviated US$ and referred to as the buck) is the unit of currency in which primary financial markets are denominated. $1 equals 100 cents, but there could be fractional units for transactions such as stocks where fractions of a US Dollars per share may not buy any physical stock certificates.
What is the Euro Currency?
Euros (€), from Latin euros “Ecu”, was introduced on January 22nd 1999 by eleven member states (Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands and Spain).
The Euro is made up of 100 cents. The Euro has its own banknotes (the most common denominations are €500,- €200,- €100,-€50) and coins which have distinctive design features on both sides.
Each country in the European Union can issue their own euros as part of an economic union known under legislations called “Economic and Monetary Union“.
If you need to convert Euro to Dollars you can use our currency conversion calculator.
Exchange Rates to American Dollars ( USD – $ ) from
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