The official currency of Monaco is the Euro. The euro settled at $1.172 on Friday, booking a 0.4% weekly fall, amid concerns about Europe's economic recovery as several countries across the region were forced to impose new lockdown restrictions to curb the COVID-19 pandemic. At the same time, Brexit talks ended without any signs of a trade agreement, with British PM Johnson urging the UK to prepare for no deal and EU Commission president Ursula von der Leyen saying that negotiations would continue next week.
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 October of 2020.
The Euro Dollar Exchange Rate - EUR/USD is expected to trade at 1.17 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.15 in 12 months time.