Whether you're planning a trip to Europe or monitoring international financial markets, understanding the exchange rate between the U.S. dollar and the euro is crucial. Recent data shows that $100 currently converts to approximately €85.91 , reflecting dynamic changes in global currency markets.
Current Exchange Rate Overview
The latest market information indicates that $1 equals €0.859062 , while conversely, €1 is worth approximately $1.16406. This exchange rate presents an important benchmark for travelers and investors alike who are considering currency conversion.
Recent Market Trends
An analysis of the past 30 days reveals significant movement in the dollar-euro exchange rate. The U.S. currency has experienced a 6.12% decline against the euro during this period. Market fluctuations reached a high of €0.87548 per dollar and dipped to a low of €0.85741, with an average exchange rate of €0.86541 over the month.
These figures demonstrate a continued depreciation trend for the dollar against the euro over the past year, mirroring broader shifts in the global economic landscape.
Market Stability Indicators
Volatility metrics provide additional insight into currency market conditions. The 30-day volatility stands at 0.59% , while the 90-day measure shows reduced fluctuation at 0.45% . This declining volatility suggests that after a period of instability, the exchange rate may be entering a phase of relative stability.
Monitoring these exchange rate dynamics provides valuable information for making informed financial decisions, whether for personal travel budgets or international investment strategies. A thorough understanding of currency fluctuations remains essential for navigating global financial markets effectively.