Sunday, October 26, 2008

Dollar vs Euro

Back on April 22, 2008, 1 Euro was worth $1.60, a new high. As recently as July 22, 2008, 1 Euro was worth $1.59. And then began a quick decline in the Euro's value compared to the dollar. As the US financial crisis has worsened, the dollar has climbed against the Euro. As of October 28, 2008, 1 Euro is now worth only $1.26. Wow. That is a 21% decrease in value from July to October, a three month period. Currencies just completely baffle me. See more at the Google Finance page.

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