As summer with approach, Americans despite the recession would be looking out to take a vacation outside US Borders. Most of them would be heading toward continental Europe. Exchange rates movements can make you crazy during those trips. The declining value of dollar has turned the world’s richest nation into budget travelers. Here are some facts that will make sure that there are less surprises in your next vacation to Europe.
History of Euro Vs USD exchange rates
- Trading in Euro began as an accounting currency at the beginning of 1999, but paper currency was not available until the beginning of 2002.
- The opening trades of the euro in January 1999 were at $1.1747, and by December 3 that year the euro had fallen to 1/1 (even) with the US dollar.
- On October 26, 2000, the euro had fallen to its all-time low at $0.8252.
- On June 28, 2002, the euro climbed back to even with the dollar.
- On April 22, 2008, the euro briefly rises above $1.60, its all-time high to date.
British Pound Swings Wildly against US Dollar
- On November 6, 1980, the British pound hit a recent high of $2.446
- A bit more than 4 years later, in February 1985, the GBP had fallen to $1.05.
- On November 7, 2007, the GBP climbed back over $2.11, which is its recent high.
[click to continue…]
You might also like
 |
Niagara Falls: Facts Sheet
Almost everyone is probably familiar with place Niagara Falls, but I am sure most of you are still to...
|
|
|
 |
Wrong bitch
An American soldier, serving in World War II, had just returned from several weeks of intense action...
|
Tagged as:
American way of living.,
amsterdam,
Arc de Triomphe,
ATS,
Australian Dollar,
Barcelona,
Berlin,
British Museum,
British Pound,
CAD,
Canadian Dollar,
Champs Elysees,
Charles Bridge,
CSK,
Eiffel Tower,
elevator ride on the Eiffel Tower,
English Channel,
EUR,
Euro vs USD,
europe,
exchange rates,
facts,
franc,
GBP,
Jordaan neighborhood,
La Rambla
street,
La Rambla,
london,
Narodni Museum,
National Museum,
NLG,
paris,
Pergamon Museum,
Pergamon Museum in Berlin,
Prague,
Schönbrunn Palace,
Schönbrunn Palace in Vienna,
trading in euro,
Travel,
travel attractions,
travel to europe,
United Kingdom,
United States,
USD,
vacation,
vacation to europe,
Van Gogh Museum,
Vienna
[ad#ad-2]Indeed there are difficult times ahead. Gas prices are going to hit $5 a gallon any day now. This will have an inflationary impact on everything that moves as transportation costs will go up… In fact all business costs will go up as a result of higher fuel prices. The businesses will have no other alternative but to pass these costs on to consumers. It is fair to say that It is not the gas prices that have gone up. It is our salaries that are shrinking. Each dollar today buys us less amount of goods then this time last year.
Higher oil prices are also a threat to American way of living. they infringe our freedom of movement right. Middle class city workers living in suburbs, commuting daily to work are the real victims of this Oil saga. They own a overpriced home at high mortgage rate, they are also making payments on their car. Only reason they moved to suburbs and are enduring the bashing of long daily commute is that they want better life at a lower cost. [click to continue…]
You might also like
|
|
|
 |
Cheap Flights to Europe
Tickets for Europe are not that expensive for people who are regularly updated with the changing ticket...
|
|
Tagged as:
1985-2009,
American way of living.,
API,
Avoid Excessive Idling,
business costs,
Car-Pool,
cent,
Chart,
Combine Trips,
commputing tips,
commuter,
Commuting,
commuting advice,
Compare Cars,
Cruise Control,
daily to work,
department of transportation,
difficult to quit,
Drive Responsibly,
Engine Tuned,
fossil fuel prices,
fuel efficient vehicle,
Fuel Prices US,
gallon for gas,
gas mileage,
gas mileage estimates,
Gas prices,
Grade of Motor Oil,
green decision,
higher fuel prices,
Higher oil prices,
i,
Inflated,
inflationary impact,
Middle class city workers,
money portal,
most fuel efficient,
motor oil,
oil,
oil prices,
Oil saga,
optimal fuel economy,
Overdrive Gears,
pays well,
Plan,
Public transport network,
Remove Excess Weight,
Replace Air Filters,
Ride Share,
tips for commuters,
Tires,
transportation costs,
USD,
Use Public Transport,
Vehicle Models,
vehicle to purchase,
Watch Speed Limit,
www.fueleconomy.gov,
www.fueleconomy.gov's
