Business
Euro to US Dollar Exchange Rate Sees Stability in Recent Days
As of November 14, 2024, the exchange rate between the Euro (EUR) and the US Dollar (USD) has shown a stable trend. According to the latest data, 1 Euro is equivalent to approximately 1.055 USD.
The current exchange rate is slightly higher than the previous day’s close, with a rate of 1.055968 USD per 1 EUR. This rate has been relatively consistent over the past few days, indicating a stable market.
Historical data shows that the EUR to USD exchange rate has fluctuated within a narrow range in recent weeks. For instance, on November 13, 2024, the rate was 1.054814 USD per 1 EUR, and it has remained within the 1.0505-1.0571 range for the day.
Forecasts for the coming months suggest a continued stable to slightly volatile market. For example, the forecast for January 2025 indicates an average rate of 1.081 USD per 1 EUR, with a high of 1.097 and a low of 1.065.
The stability in the EUR to USD exchange rate is significant for international investors and travelers, as it provides a predictable environment for financial transactions and travel planning.