2001
The phrase, "The US Dollar has fallen against the Euro," means that the value of the US Dollar has dropped in comparison to the Euro.
Discuss the factors which affect future movements of the euro against the dollar?
what was the value of the dollar towards the euro in the year 2008
then the value of the dollar will not be worth a lot
The euro has been very stable against the dollar. Even during the great recession, it never lost significant value.
What the dollar falls against the Euro American stockholders and American businesses benefit. This type of occurrence hurts the American consumers.
The dollar usually rises against the euro whenever there is good news that is likely to increase confidence in the USA economy. A strong jobs report and currency reserves will also make the dollar bullish.
we all go broke
$1.00 us dollar = 0.6965 Euro Dollar on May 10, 2011. Please be aware that rates change daily and vary with the amount exchanged and the added fee of the exchanger.
The Italian lira was replaced by the euro in 2002, so it is no longer in circulation. At the time of the transition, the exchange rate was approximately 1,936.27 lire to 1 euro. Since the euro fluctuates against the dollar, the exact value in lire to dollars would depend on the current euro to dollar exchange rate. For historical context, before the euro, 1 dollar was roughly equivalent to about 1,800 to 2,000 lire.
Exchange rates fluctuate minute-by- minute - depending on global markets. There are many factors that influence currency rates. A lower value Euro against the dollar will simply make european imports into america more expensive.
The dollar rises against the euro when the value of the U.S. currency strengthens relative to the euro. This can occur due to various factors, including stronger economic performance in the U.S., higher interest rates set by the Federal Reserve, or political stability, which makes the dollar more attractive to investors. Conversely, if the eurozone faces economic challenges, such as low growth or political uncertainty, the euro may weaken against the dollar. Currency fluctuations are also influenced by market speculation and global trade dynamics.