The Meridian Data Desk · Analysis
The euro’s week to 23 October 2026: five currency comparisons
Produced automatically using a documented statistical method. Calculations, comparisons and charts by The Meridian from European Central Bank data. No interviews or independently verified explanation of causes is claimed.
The euro bought more of 1 of the five currencies tracked and less of 4 between 16 October and 23 October 2026. Our calculations compare the same ECB reference-rate dates and show the range of daily readings.
- USD-0.53%
- GBP-0.78%
- JPY-1.30%
- CHF-0.49%
- ILS+0.34%
Bars show absolute size; signs show direction. Source: European Central Bank; The Meridian calculations.
| Currency | 2026-10-16 | 2026-10-23 | Change | Daily range |
|---|---|---|---|---|
| US dollar (USD) | 1.1253 | 1.1193 | -0.53% | 1.1193–1.1253 |
| Pound sterling (GBP) | 0.8439 | 0.8373 | -0.78% | 0.8373–0.8439 |
| Japanese yen (JPY) | 177.8200 | 175.5100 | -1.30% | 175.5100–177.8200 |
| Swiss franc (CHF) | 0.9272 | 0.9227 | -0.49% | 0.9211–0.9272 |
| Israeli shekel (ILS) | 3.4822 | 3.4939 | +0.34% | 3.4726–3.4939 |
Reading the comparison
The comparison uses 2026-10-16 and 2026-10-23, the latest available observation in the completed week and the observation on or immediately before seven days earlier. All five currencies share those dates; this avoids comparing one currency’s Monday with another’s Friday.
Across this selected group, the largest signed change was against the Israeli shekel (+0.34%) and the smallest was against the Japanese yen (-1.30%). These are bilateral comparisons, not a trade-weighted index of the euro. The selected currencies do not represent every market.
A positive number means one euro bought more units of that currency at the later reference rate. A negative number means it bought fewer. This direction matters: a rise in EUR/USD is an increase in the dollar amount per euro, not a rise in the dollar against the euro.
For a concrete reading of the dollar result, €1,000 corresponds to $1,125.30 at the earlier reference and $1,119.30 at the later one — a difference of $-6.00. This is arithmetic using reference rates, not a quote offered by a bank or a prediction.
The range column records the lowest and highest daily reference readings in the comparison window. It can reveal movement hidden by two similar endpoints. It is not an intraday trading range: transactions and prices between the daily observations are absent from this dataset.
How we calculated it: percentage change = (later rate ÷ earlier rate − 1) × 100. Calculations use the source precision; display values are rounded afterwards. The table quotes units of foreign currency per €1. Values and percentage changes are calculated by The Meridian from ECB data.
What this cannot explain: the series shows what changed, not why. It cannot establish the effect of a speech, policy decision or geopolitical event. Nor does it include exchange fees or retail spreads. The ECB publishes these reference rates for information and discourages using them for transactions.
Source and reproducibility
Source: European Central Bank, euro foreign exchange reference rates (last 90 days). Reference period: 2026-10-16 to 2026-10-23. Original comparisons and calculations by The Meridian; not endorsed by the ECB. Data and methodology are free at the source.
Data retrieved . Source dataset checksum: b1938e96c2032834aa57181c4135542f780c32262bcf44b363dcd53e38c911d5.
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