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On this day, October 8, 2012, the USD is worth 0.7713 Euros, so the Euro is currently stronger than the USD.
The Euro was released into circulation in 2002 and was just lower than one US Dollar. However, the currency steadily began to rise and since the end of 2002, it has been valued at more than one dollar. The Euro fell to $1.20 for the first time in two years in July 2012 and is currently tied in with the European debt crisis.
The highest value the Euro has ever hit was $1.60. (July 2008)
The lowest value the Euro has ever hit was $0.83. (January 2002)
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoYes, it was. On 1 January 1999, the euro replaced the former European Currency Unit (ECU) at a ratio of 1:1 (US$1.1743). The euro dropped to US$0.8252 within two years but has traded above the US dollar since the end of 2002, peaking at US$1.5990 on July 15, 2008.
Wiki User
∙ 16y agoYes. When the currency first became official there was a lot of uncertainty about whether it would be successful. That fear drove its price on the currency market to 87 or 88 cents U.S.
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Is the dollar worth less than the Euro?
The dollar is about .7 of the Euro, so yes it is worth less.
Is American money worth less than euro?
1 euro is worth approx. 1.35 dollars, so the value of the euro is more than the value of the dollar. If something was selling for 2 euro, you'd have to pay $2.70 for it.
How many US dollar is equal per euro?
On October 2, 2009 the USD was worth less than a Euro (about 2/3 Euro) 1 Euro = 1.4588 U.S. dollars
How much will a dollar be worth in 2025?
It depends whether the dollar will be kept as the world reserve currency and if oil and commodities are justified in dollars. Otherwise, it is worth less that the Greek currency if they leave the Euro.
What is worth more the euro or the US dollar?
Right now the Euro is worth about $1.24 in US currency. However, the Euro is falling and may be worth less fairly soon. When the US was a confederation, its currency became almost worthless. A common expression arose, "Not worth a Continental." We will see what the European Confederation does.
How many euros in an US dollar?
Currently there is Less than 1 Euro in an American dollar because the Euro is more valuble than the Dollar.... 1.00 EURO=1.42810 USD
Is dollar worth more then euro?
As of January 20, 2011, the US Dollar is worth 0.7430 Euros. This value has fluctuated between 0.7 and 0.85 with USD climbing gradually higher mainly due to the European financial crisis as seen in Greece, France, et al. But to answer your question, no. The dollar is worth less than the Euro, though that is always a temporary statistic.
Is the euro worth more than the pound?
No, it's worth less.
Is the pound worth more than the euro?
No, it's worth less.
Why is the Candian dollar worth more than the US dollar?
mostly because of our resourses, there is a high demand for our minerals and oil, whichcan be bought in CDN $, which would be converted from the euro creating a rise in demand and in value
How much is the euro worth against the pound?
The rate that the Euro is worth against the pound will vary from time to time. as of August 3rd the Euro is worth 1.1511 88 and the Pound is .0868668 so much less then the Euro
What is a 1989 Austria 10 Groschen coin worth?
One grosch was 1/100 of an Austrian schilling. A schilling was worth less than a dollar in 2002 when the denomination was withdrawn and replaced by the euro, so a 10-groschen coin is worth less than a dime.
