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nap 04-05-2005 12:04 AM

Euro/Dollar Question
 
Is the Euro stronger than the dollar? If so how long has it been that way?

Love Brokers 04-05-2005 12:06 AM

Yes and I don't know how long!

rickholio 04-05-2005 12:09 AM

Quote:

Originally Posted by nap
Is the Euro stronger than the dollar? If so how long has it been that way?

USD vs. major currencies for last 4 years, courtesy Yahoo Finance. The one you're looking for is EURUSD.
http://www.hhole.com/bushdollar.gif
Source

nap 04-05-2005 12:17 AM

Thank you

megatgpdotnet 04-05-2005 01:21 AM

It falls over 4 years. Euro used to be weaker than dollar. Now its approximately 1.33:1

I already moved most of my traffic to the european sponsors.

MGPspots 04-05-2005 02:08 AM

Quote:

Originally Posted by rickholio
USD vs. major currencies for last 4 years, courtesy Yahoo Finance. The one you're looking for is EURUSD.
http://www.hhole.com/bushdollar.gif
Source

That's just the relative performance of $/Euro vs $/GBP etc with Jan 01 being used as the base.

If memory serves I think the $/Euro was launched at 1.18 in Jan '99 and went to approx 0.80 by '02 and then back to 1.00 (ie parity) in mid/late 02 and up to 1.3 now.

Roald 04-05-2005 02:14 AM

It sucks if you get paid in dollars and live in europe. It was great when the euro came but nowadays it is totally crap, hope it will get any better soon allthough I doubt it.

Roald 04-05-2005 02:16 AM

From This Balance:
U.S. Dollar Balance
Amount:
$650.00 USD
Exchange Rate:
1 U.S. Dollar = 0.761085 Euros
Gross Amount:
?494.70 EUR

Fuck it!

rickholio 04-05-2005 02:22 AM

Here's the relative strength graph since '99:

http://www.hhole.com/since99.gif

Still, what he was asking is 'how strong' it was vs. the dollar, and a large part of strength is current trend. Over the last 4 years, the trend of the euro is strong vs. the USD (static-to-modest growth vs. other world currencies). A wise investor would take note that while some of euro's growth is due to solid fiscals on europe's part, it's also due to pisspoor performance of the greenback.

Here's a graph of euro's performance vs. world currencies:

http://www.hhole.com/euro99.gif

painintheass 04-05-2005 02:56 AM

Solution....
Multi language sites!!!
But it is a bitch getting a bank account outside of north america... even if you are in the european country you want an account in.

BRISK 04-05-2005 03:04 AM

Quote:

Originally Posted by painintheass
Solution....
Multi language sites!!!
But it is a bitch getting a bank account outside of north america... even if you are in the european country you want an account in.

I think you mean merchant account

Verotel 04-05-2005 05:21 AM

Quote:

Originally Posted by QuaShe
It sucks if you get paid in dollars and live in europe. It was great when the euro came but nowadays it is totally crap, hope it will get any better soon allthough I doubt it.

Solution: Verotel Multi-Currency

Dirty-Dough 04-05-2005 06:22 AM

Quote:

Originally Posted by nap
Is the Euro stronger than the dollar? If so how long has it been that way?

I'm sorry but:

"Where the fuck have you been the last couple of years?!"

painintheass 04-05-2005 08:53 AM

Quote:

Originally Posted by BRISK
I think you mean merchant account

No I mean Bank Account.
There are enough online credit processors that it's not a worry.
But getting some place to put your money can be a bitch.


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