Champs Elysees

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...

Sites Where You Can Easily Find Travel Deals Travelers can have a many choices when it comes to get best travel deals. Travelers can receive travel...

Airline Pilot’s Nightmare: World’s Most Difficult Landing Approaches Air travel has become so popular that you will hardly find a place on earth, where you can not reach...

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

{ 0 comments }