Abstract
Abstract The Euro exchange rate is considered to be a competitive currency of the other currencies exchange rate especially the US dollar. The Euro influences the European commercial interactions by the means of the trading detente and the international specialization. This research aims at knowing the role of Euro exchange rate in the foreign trade of the European Union as a result of using this currency in comparison with the foreign trade via using gross past European currencies. The research included two chapters, the first one deals with theoretical framework and the description of the relative samples used in the estimation. While, the second chapter focuses on the results of analyzing these samples, the effect of European currencies exchanging and Euro in the foreign trade variables. Finally, many conclusions and suggestions have been demonstrated. .
