The official currency of Italy is the Euro. Historically, the Euro Exchange Rate - EUR/USD - Italy reached an all time high of 1.87 in July of 1973.
The Euro US Dollar Exchange Rate - EUR/USD is expected to trade at 1.03 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.00 in 12 months time.