EUR/USD (EUR)
This page contains the current value of the euro to the US dollar. To online monitor the dynamics of exchange rate, a graph on the page quotations.
The euro (currency sign – €, the banking code: EUR) – the official currency in 17 countries of the “eurozone” (Austria, Belgium, Germany, Greece, Ireland, Spain, Italy, Cyprus, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, Finland, France, Estonia). Also, the currency being used in 9 countries, 7 of which – European. Thus, the euro – a single currency for more than 320 million Europeans.
The euro is managed and administered by the European Central Bank (ECB), located in Frankfurt, and the European System of Central Banks (ESCB), which consists of the central banks of member countries of the eurozone.
Dollar of the United States of America (currency sign – $, bank code: USD) – the monetary unit of the United States, one of the major reserve currencies in the world. 1 Dollar = 100 cents. The right to the issue of money has the Federal Reserve System (Eng. Federal Reserve System), performed in the US as the central bank.
The US dollar also has the status of the national currency, in some other countries (eg, Marshall Islands, El Salvador).
Source: GK Forex Club – “EUR / USD”
