Question

what is the current Euro-Dollar exchange rate, and what has happened to it over the past...


what is the current Euro-Dollar exchange rate, and what has happened to it over the past year or so? Is the dollar getting weaker or stronger?  

Homework Answers

Answer #1

The euro to U.S. dollar conversion tells you how many dollars the euro can buy according to its exchange rate. It compares the euro's value to the dollar's value.

The euro was worth $1.23 on February 22, 2018. It meant that one euro could buy 23 cents more in goods and services than one dollar could. This is more than the $1.20 it could buy on January 1, 2018.But it's still low compared to 2010 when it could buy $1.44.

January 1,2008 $ 1.47

June 10 , 2010 $ 1.20

May 7, 2014 $ 1.3931

January 22, 2015, worth $1.12.

January 1, 2016, worth $1.08

January 1, 2017, worth $1.05

The euro is tipped to weaken vs. dollar and the main reason is a misapprehension about the impact of US tax reforms.

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