In 2023, the European foreign exchange market was valued at $217.35 billion. According to IMARC Group, it's projected to reach $423.74 billion by 2032, growing at a CAGR of 7.30% from 2024 to 2032. Key drivers include rapid urbanization, higher disposable incomes, increased digitization, and the rise of tools like outright forwards and currency options. https://www.imarcgroup.com/europe-foreign-exchange-market