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USD Profile
Name: US Dollar
Symbol: $
Minor Unit: 1/100 Cent
Central Bank: Federal Reserve Bank
Country(ies): United States, American Samoa
Rank in the most traded currencies: #1
EUR Profile
Name: Euro
Symbol: €
Minor Unit: 1/100 Cent
Central Bank: European Central Bank
Rank in the most traded currencies: #2
USD Profile
Name: US Dollar
Symbol: $
Minor Unit: 1/100 = cent
Central Bank: Federal Reserve Bank
Official country United States
EUR Profile
Name: Euro
Symbol: €
Minor Unit: 1/100 = cent
Central Bank: European Central Bank
Official country Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
Key facts about USD - EUR
The most traded currency in the world is the US dollar. In second place, the Euro is the next most traded currency. According to the Bank of International Settlements, on average over 6 trillion USD and EUR are traded daily.
The USD is the official currency of the United States of America, but it is also used in Puerto Rico, Ecuador, El Salvador, Zimbabwe, Guam, US Virgin Islands, Timor, Samoa, Mariana Islands, Micronesia, Palau and Marshall Islands. The quasi-use of US dollars happens in other countries too.
The official currency of the eurozone is the EUR. This area includes Estonia, Latvia, Cyprus, Austria, Greece, France, Portugal, Spain, Ireland, Germany, Luxembourg, Lithuania, Italy, Malta, Slovenia, Finland, Slovakia, Belgium, and the Netherlands.
The US dollar is issued by the Federal Reserve, which is the central bank of the United States of America, while the Euro is issued by the European Central Bank, or ECB for short.
Frequently used denominations of the USD are $1, $5, $10, $20, $50, $100, while the $2 denomination is rarely used. Frequently used denominations of the EUR are €5, €10, €20, €50, €100, while the €200 and €500 denominations are rarely used.
Both currencies enjoy a low inflation rate of 0.10%.
Today's USD-EUR commentary
Today's USD-EUR exchange rate (currently at 0.8574) is below its two weeks average. The USD-EUR two-weeks high ($1 = €0.8783) was observed on the 11th of July at 08:00 AM. The difference with the lowest value recorded during the same period (0.8564) is only 2.49%, which indicates a relative stability of the USD-EUR exchange rate.