💶 and 💵 are at parity for the first time in 20 years
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  💶 and 💵 are at parity for the first time in 20 years
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Author Topic: 💶 and 💵 are at parity for the first time in 20 years  (Read 1997 times)
Anzeigenhauptmeister
Hades
Junior Chimp
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« on: July 12, 2022, 11:47:03 AM »

The euro is soon expected to hit parity with the U.S. dollar, meaning the two currencies will have a 1:1 exchange rate. That hasn’t occurred since 2002, when the euro was in its infancy.
Triggers for the relative decline of the euro include the ongoing war in Ukraine, which has fueled fear of an energy crunch and recession, as well as U.S. interest rates moving sharply higher, pushing investors toward the dollar and from the euro.

One euro is currently worth less than $1.01 — down 11% from nearly $1.13 at the beginning of the year and down 15% from almost $1.19 a year ago.

Bad news for us Europeans, good news for those of you Americans who are planning a trip to Europe (or, to be exact, to one of the 25 European countries that accept the euro) are getting a 15% discount on purchases today relative to a year ago due to the exchange rate.

https://edition.cnn.com/2022/07/12/investing/euro-dollar-parity/index.html

Meanwhile, Croatia set to join the euro area on January 1, 2023. The Council of the EU adopted the final three legal acts that are required to enable Croatia to become the 20th member of the euro area and to benefit from using the EU’s common currency, as of next year. Croatia has successfully completed all the required economic criteria and will therefore introduce the euro as of 1 January 2023. The conversion rate between the euro and the Croatian kuna is set at 7.53450 kuna per 1 euro.



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○∙◄☻¥tπ[╪AV┼cVê└
jfern
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« Reply #1 on: July 14, 2022, 12:58:49 AM »

I don't think it *exactly* hit parity, but a EURO is $1.00222 as I type this.
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Antonio the Sixth
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« Reply #2 on: July 14, 2022, 03:54:38 AM »

As someone who gets paid in dollars but buys stuff in Euros, that's pretty sweet.
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Kamala's side hoe
khuzifenq
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« Reply #3 on: July 14, 2022, 10:06:50 AM »

https://www.aljazeera.com/news/2022/7/13/euro-drops-below-1-for-first-time-since-2002?
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Mr. Smith
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« Reply #4 on: July 31, 2022, 03:36:12 PM »

Bummer, I liked knowing my leftover € 4.49 was actually worth a bit.

And the pound isn't that much higher either.
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jfern
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« Reply #5 on: August 22, 2022, 05:05:56 PM »

A Euro is now $0.9943.
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If my soul was made of stone
discovolante
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« Reply #6 on: August 22, 2022, 07:28:15 PM »


Congratulations! Today is the one day when you can get away with saying the word "Europoor". Repost to die instantly
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Orwell
JacksonHitchcock
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« Reply #7 on: September 01, 2022, 03:13:16 PM »


Congratulations! Today is the one day when you can get away with saying the word "Europoor". Repost to die instantly

SHUT UP EUROPOOR HOW'S IT IN A 3RD RATE CONTENINT, NORTH AMERICA, NORTH AMERICA, WOOOBABY  LETS GO BOYS FROM THESE COUNTRIES  United States. Mexico Canada Guatemala Cuba Haiti   Dominican Republic Honduras Nicaragua El Salvador Costa Rica Panama Jamaica Trinidad and Tobago Belize Bahamas Barbados Saint Lucia Grenada Antigua and Barbuda Dominica Saint Kitts and Nevis


ITS CALLED SOCCER NOW LOSERS !!!!!!!!!!!!!!!!!!


(Sidenote: I may be under the impairment of a substance that is recreationally legal in the state of Michigan.)
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Libertas Vel Mors
Haley/Ryan
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« Reply #8 on: September 01, 2022, 04:39:10 PM »


Congratulations! Today is the one day when you can get away with saying the word "Europoor". Repost to die instantly

The Jordanian Dinar is worth more than either the Dollar or the Euro. Is Jordan the richest country in the world?
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Mr. Smith
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« Reply #9 on: September 01, 2022, 06:42:50 PM »


Congratulations! Today is the one day when you can get away with saying the word "Europoor". Repost to die instantly

The Jordanian Dinar is worth more than either the Dollar or the Euro. Is Jordan the richest country in the world?

So's Kuwait...and The Pound.
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Libertas Vel Mors
Haley/Ryan
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« Reply #10 on: September 01, 2022, 10:58:30 PM »

[quote author=Mr. Smith says "Слава Мистер Лысый и Банкрот" link=topic=514342.msg8748466#msg8748466 date=1662075770 uid=12327]

Congratulations! Today is the one day when you can get away with saying the word "Europoor". Repost to die instantly

The Jordanian Dinar is worth more than either the Dollar or the Euro. Is Jordan the richest country in the world?

So's Kuwait...and The Pound.
[/quote]

Exactly.
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Kahane's Grave Is A Gender-Neutral Bathroom
theflyingmongoose
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« Reply #11 on: September 27, 2022, 04:16:51 PM »

Euro is now $0.958, the lowest in 20 years.
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GregTheGreat657
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« Reply #12 on: October 12, 2022, 10:33:56 PM »

The Euro has slightly rebounded to $0.97
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Santander
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« Reply #13 on: October 21, 2022, 01:54:53 PM »

Thank God I elected not to be paid in Euros.
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