The official currency of Monaco is the Euro. The euro traded slightly higher at $1.193 on Friday, remaining close to an over 12-week high of $1.194 hit the day before, as investors digest a relaxation of coronavirus restrictions in several European countries, even as Germany announced an extension to its partial lockdown, and news of AstraZeneca needing to assess the efficacy of its COVID-19 vaccine. Meanwhile, Brexit talks continued, with EU negotiator Michel Barnier telling a closed-door meeting of the bloc’s national diplomats that he was not able to say yet whether a new UK trade deal would be ready in time. Still, Barnier confirmed he is travelling to London to continue face-to-face Brexit talks this weekend.
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 - MONACO - data, forecasts, historical chart - was last updated on November of 2020.
The Euro Dollar Exchange Rate - EUR/USD is expected to trade at 1.19 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.18 in 12 months time.