The official currency of Slovenia is the Euro. The euro appreciated above the $1.22 mark for the first time since January 12th, helped by stronger-than-expected consumer sentiment and GDP data from Germany. Investors have been also upbeat about lockdowns ending and economies re-opening, while concerns about COVID-19 vaccination delivery delays mounted. Earlier this week, ECB chief Lagarde said that the central bank was closely monitoring the evolution of longer-term yields, and that it would continue to support all sectors of the economy by preserving favorable financing conditions over pandemic period. Last week, the ECB policy meeting minutes showed that officials agreed that headline inflation was at a very low level and that it continued to be distant from the central bank's target, while a further appreciation of the euro posed risk to the inflation outlook.
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 - Slovenia - data, forecasts, historical chart - was last updated on February 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.