EUR/USD price

EURUSD price history

The latest history for the EURUSD index is presented below. However, Investors must remember that referring to the past performance of this asset may not be a reliable indicator of future results.

2018

The price of the EURUSD for the whole year was close to the area of 1.14 USD per 1 Euro. It has continued the long-term trend of the Euro being a lot more powerful than the US Dollar. That happened because the US government likes to have more jobs in the US and have its goods and services more approachable to European customers.

2019

For most of 2019, the EURUSD forex index price was close to 1.10 USD per 1 Euro. That happened because of the growth of the American economy, which created a higher demand for US Dollars across the world. The trend, however, was not enough to outscore Euro supremacy, and the index kept favoring the European Union’s common currency.

2020

During 2020 the EURUSD had an enormous change reaching 1.22 USD per 1 Euro. That happened due to the overprinting of money from the FED to support the national economy during the pandemic crisis. The same did not happen in Europe, where the Euro did not have the same approach from the monetary authorities, and the EURUSD rate created some excellent profit opportunities for the forex investors.

2021

As the jobs and the economy restarted in the United States in 2021, the forex EURUSD returned to the known balance of 1.14 USD per 1 Euro. That was the average for the whole year and kept on being like that, besides the side attacks from rogue funds to play games with the forex markets during the second half of the year.

2022

As all investors know, 2022 was the year of the inflation attack in the European Union. The need to increase the overnight rates for USD made many people come back to the sureness and safety of the American currency. The EURUSD plummeted to 1.04 USD per 1 Euro, reaching the absolute 1 to 1 equivalency several times during the second half of the year. That trend also revealed the common practices of the two main central banks of the Western world.

Current EURUSD price

The current EURUSD price is subject to fluctuation due to the volatility of the forex market. Investors can check it on the chart or the SimpleFX Webtrader platform.

Is EURUSD a good investment?

Whether EURUSD is a good investment depends on factors such as interest rates, monetary policies, geopolitical events, etc. The answer depends on analyzing these factors and the potential returns on investment. If the factors are also stable and there are more chances of return, this currency pair brings more interest from investors eager to learn how to invest in forex worldwide.