The official currency of Greece is the Euro. The Euro was lower around $1.21 in the last week of January as investors remain concerned over record coronavirus infections, hospitalizations, deaths and tight travel restrictions. Meanwhile, the European Union threatened to block AstraZeneca exports of COVID-19 vaccines outside of the bloc after the pharmaceutical announced that deliveries will be reduced for a few weeks. Last week, the ECB kept the door open to more stimulus but Christine Lagarde warned about the risks of rising infections and new lockdowns.
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 Exchange Rate - EUR/USD - Greece - data, forecasts, historical chart - was last updated on January of 2021.
The Euro Dollar Exchange Rate - EUR/USD is expected to trade at 1.21 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.20 in 12 months time.