Euro Currency

Kristian Karamavrov

Master's thesis

Abstract:

This study explores the significance of the euro as a global reserve currency and its role in expanding international trade and capital flows. The aim is to evaluate the theoretical foundations of the euro, analyze current trends, and forecast exchange rate changes. The thesis comprises an introduction, three main chapters, a conclusion, and a list of references. The object of research is the euro currency and world currencies, focusing on their current trends. The purpose is to evaluate the theoretical basis of the euro, assess its current state, and forecast exchange rate fluctuations. The introduction establishes topic relevance, outlines the thesis goal, defines the research object and subject, and sets objectives. The first chapter examines the euro's essence, formation stages, factors, and risks. The second chapter assesses transactions with euro and world currencies, and their impact on the monetary system. The third chapter addresses modern forecasting methods, regulatory challenges, euro development issues, and offers a currency dynamics forecast. The conclusion summarizes the main study findings.

Keywords

European Central Bank, Euro, Exchange Rate, Currency, Eurozone

Language used: English

Date on which the thesis was submitted / produced: 2. 4. 2024

Thesis defence

• Date of defence: 3. 6. 2024
• Supervisor: PhDr. Ing. Tomáš Maier, Ph.D.
• Reader: Lukáš Novotný, externi

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme:
World Economy