The official currency of Netherlands is the Euro. The euro remained close to $1.21 at the end of April, hovering around two-month highs and heading for a 3% monthly gain against the greenback, boosted by optimism about a strong economic recovery and signs of an acceleration in the vaccination pace in Europe. Markets are now braced for a barrage of key economic data this week, with main releases including first-quarter GDP, inflation and jobless rates. Last week, the ECB left monetary policy unchanged and maintained its pledge to increase support if needed, with President Lagarde saying that although inflation has picked up over recent months due to temporary factors, underlying price pressures remain subdued in the context of significant economic slack and still weak demand.
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 - Netherlands - data, forecasts, historical chart - was last updated on April of 2021.
The Euro Dollar Exchange Rate - EUR/USD is expected to trade at 1.20 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.19 in 12 months time.