The euro, measured.
One evidence-led view of domestic value, external strength, money growth, reserve role and how much Bitcoin a fixed €100 can buy. Nothing is collapsed into an opaque score.
- Cumulative inflation
- +24.3%
- Annualized inflation
- +4.4%
- Latest rolling inflation
- +3.8%
- Purchasing-power drawdown
- -19.6%
Purchasing power
3.8% inflation over the latest twelve-month observation window.
Purchasing power of €100Deteriorating
- Source
- Eurostat
- Series
- CP0000EZ19M086NEST
- Classification
- official
- Frequency
- monthly
- Latest observation
- Sep 1, 2026
- Status
- Available
Method: Purchasing power is the inverse of the all-items consumer price index, rebased to 100 at the selected start.
Limit: HICP coverage follows the changing euro-area composition. No pre-1999 euro history is fabricated.
External strength
Neutral on the broad effective rate; bilateral pairs remain separately inspectable.
Nominal broad euro EERNeutral
- Source
- European Central Bank
- Series
- EXR.M.E03.EUR.EN00.A
- Classification
- official
- Frequency
- monthly
- Latest observation
- Sep 1, 2026
- Status
- Available
Method: The primary signal is the broad trade-weighted nominal effective exchange-rate index.
Limit: Effective rates measure external value, not domestic purchasing power or reserve importance.
EUR vs USDNeutral
- Series
- Derived
- Classification
- official
- Frequency
- daily
- Latest observation
- Oct 9, 2026
- Status
- Available
Method: Bilateral EUR strength is expressed as units of USD purchasable with one EUR.
Limit: A bilateral rate can diverge from the trade-weighted effective exchange rate.
EUR vs CHFWeak
- Series
- Derived
- Classification
- official
- Frequency
- daily
- Latest observation
- Oct 9, 2026
- Status
- Available
Method: Bilateral EUR strength is expressed as units of CHF purchasable with one EUR.
Limit: A bilateral rate can diverge from the trade-weighted effective exchange rate.
EUR vs JPYStrong
- Series
- Derived
- Classification
- official
- Frequency
- daily
- Latest observation
- Oct 9, 2026
- Status
- Available
Method: Bilateral EUR strength is expressed as units of JPY purchasable with one EUR.
Limit: A bilateral rate can diverge from the trade-weighted effective exchange rate.
EUR vs GBPNeutral
- Series
- Derived
- Classification
- official
- Frequency
- daily
- Latest observation
- Oct 9, 2026
- Status
- Available
Method: Bilateral EUR strength is expressed as units of GBP purchasable with one EUR.
Limit: A bilateral rate can diverge from the trade-weighted effective exchange rate.
Monetary expansion
Moderate M3 growth; no causal claim is attached.
M3 monetary aggregateModerate
- Source
- European Central Bank
- Series
- BSI.M.U2.Y.V.M30.X.I.U2.2300.Z01.E
- Classification
- official
- Frequency
- monthly
- Latest observation
- Aug 1, 2026
- Status
- Awaiting update
Method: M3 growth is measured independently using year-over-year change and multi-year CAGR.
Limit: Money-stock growth is not, by itself, evidence of FX weakness or a causal Bitcoin signal.
Reserve status
Secondary Global Reserve; current share 20.6% versus a 24.2% observed-history peak. Quarter-to-quarter moves include valuation effects.
Share of global FX reservesSecondary Global Reserve
- Series
- COFER
- Classification
- official
- Frequency
- quarterly
- Latest observation
- Apr 1, 2026
- Status
- Awaiting update
Method: Share of world official foreign-currency reserves reported in IMF COFER.
Limit: COFER is quarterly, aggregate and subject to revision. Reported share changes combine allocation decisions with exchange-rate and asset-price valuation effects.
Bitcoin purchasable with €100
How much Bitcoin €100 can buy over the selected period, shown as context rather than a composite signal.
Bitcoin purchasable with €100Weak
- Series
- BTC-USD
- Classification
- institutional
- Frequency
- daily
- Latest observation
- Oct 18, 2026
- Status
- Available
Method: Units of Bitcoin purchasable with €100, normalized to 100 at the selected start.
Limit: Bitcoin begins only with reliable stored BTC-USD observations; no pre-existence history is backfilled.
Methodology, freshness and known limitations
Engine rules
- No composite currency score is calculated. Each dimension remains visible and independently sourced.
- Changes use the last observation on or before each horizon. Percentiles compare the latest observation with the full ingested history.
- Selected-range charts include the nearest prior observation when available so the rebase has an auditable anchor.
- Missing or delayed data never defaults to neutral; it is surfaced as Not ingested, Awaiting update, Stale or Unavailable.