The Euro to Dollar exchange rate is the amount in U.S. dollars and it is equaling 1 Euro. It is the convention for quoting the exchange rate between the two currencies.
The exchange rate of the Euro against Dollar mainly depends on the rate of return in these currencies. Euro and dollar exchange rate will be changing from Euro to United States dollar within seconds. Euro zone is making conversions at the current exchange rate.
The currency calculator is providing an ideal tool for investors and investing in international stock exchanges with different currencies.
Conversion Euro to United States dollar
Conversion from Euro vs US dollar in 2020 can be done at current rates as well as at historical rates, select the desired exchange rate date. The currency calculator is showing the closing rate of the previous day as well as the highest and lowest rates of the conversion Euro – United States dollar.
The results are displayed in a clearly arranged table. Currency calculator is offering other exchange rates for about 160 international currencies.
Euro and United States Dollar Currency Calculator
How much will be 1 euro to 1 us dollar in 2020? You have currently chosen the base currency Euro and the target currency United States dollar with an amount of 1 Euro.
You have selected the desired exchange rates of about 160 international currencies from the two lists. Additionally, the currency calculator is allowing you to calculate historical exchange rates in addition to the current rate.
Factors that Impact the Euro to Dollar Exchange Rate
The exchange rate for the Euro to Dollar is impacted by many economic factors, as well as political events on both sides of the Atlantic. A summary of the factors that impact each country is listed below.
The Euro side of Euro to Dollar
- Countries are included in the Eurozone
- European Central Bank (ECB) monetary policy.
- Employment rates, job creation, etc.
- Budget deficits and national debt levels in Eurozone countries.
- Domestic politics and international policies.
- Economic growth in Eurozone countries.
Dollar side of Euro to Dollar
- S. Gross Domestic Product (GDP) growth rates
- Interest rates set by the Federal Reserve
- Money supply set by the Fed
- Unemployment rates
- Trade agreements, tariffs, and duties set internationally
- The balance of payments account
- Total US national debt and annual budget deficits
- Events in the White House
- Consumer savings and household income rates
- Social Security and Medicare
