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Since the early 1990s the euro has had a higher exchange value than the US dollar; that is, one euro exchanges for more than one dollar on the international currency market. You can find the exact exchange rate by checking the business section of a newspaper or going to sites such as www.xe.com, CNNMoney.com, etc.

For example, in mid-February 2010 the exchange rate of the euro to the dollar is approximately €1.00 = $1.36, so if you were to convert 100 euros you'd get about 136 dollars in exchange (minus conversion fees, of course!).

However that doesn't address purchasing power because each currency is used in different parts of the world where the underlying cost of goods may be different regardless of which currency they're measured in. That's a much more difficult question and doesn't have a single answer.

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15y ago

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