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Has the US dollar ever been more valuable then the Euro?

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Has the US dollar ever been more valuable then the Euro?

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  1. At its introduction in 1999, the euro was traded at US$1.18/€, but by October 26, 2000, it had fallen to an all-time low of $0.8228/€. After the appearance of the coins and notes in January 1, 2002 and the replacement of all national currencies, the euro then began steadily appreciating, and soon regained parity with the U.S. dollar on July 15, 2002. Since December 2002, the euro has not again fallen below parity with the U.S. dollar but has, instead, begun an unprecedented ascendency. On 23 May 2003, the euro surpassed its initial ($1.18) trading value for the first time. At the end of 2004, it reached a peak of $1.3668 (€0.7316/$)

    But on November 2005 the dollar again began to fall steadily until the present day hitting one record low after another. On 23 April 2008, the U.S. dollar fell to an all-time low of $1.5940

    (€0.6273/$) against the euro.

    $1.00 today is equal to .62 euro.

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