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RE: $1 isn't really $1 anymore ?!?

in LeoFinance2 years ago

Actually, the dollar's doing pretty good in recent weeks. We're in UK right now and bounce in and out of EU regularly, last we were here was early 2020. At that time, $1 was £0.75 (25% decrease from the pound) and €0.83 (17% decrease from the euro). Today, $1 is 'practically' 1:1 with the euro and rather than 25% of the pound, it's now 17%.

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$1 is 'practically' 1:1 with the euro

My preferred version is to say that the euro is doing badly against the dollar, but I do understand the numbers you showed me. What you said works for the past few weeks but if you look at the dollar this year or the past few years it doesn't really look too great.

Thank you so much for stopping by and for your reply!

Agree with you, but how many years it'll take for that to happen? I hope not too many!

Thanks for stopping by!