The official currency of Finland is the Euro. The euro was little-changed at $1.205 on Monday as investors remained cautious ahead of key speeches by several ECB officials later today, including remarks from President Christine Lagarde. On Friday, policymaker Yannis Stournaras openly called for an increase to the pace of bond purchases. Also, Philip Lane and Isabel Schnabel have signaled that the central bank stands ready to provide more support, if rising yields hurt the Eurozone recovery. Last week, the euro touched a one-month high due to optimism surrounding lockdowns ending and economies re-opening, while concerns about COVID-19 vaccination delivery delays mounted.
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 - Finland - data, forecasts, historical chart - was last updated on March 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.