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A widely traded currency pair is the relation of the euro against the US dollar, designated as EUR/USD. The quotation EUR/USD 1.2500 means that one euro is exchanged for 1.2500 US dollars. Here, EUR is the base currency and USD is the quote currency (counter currency). This means that 1 Euro can be exchangeable to 1.25 US Dollars.
This is a list of circulating fixed exchange rate currencies, ... Euro: 1.95583 Brunei dollar: Singapore dollar: 1 Bulgarian lev: Euro: 1.95583 Cape Verdean escudo:
After its introduction on 4 January 1999 its exchange rate against the other major currencies fell reaching its lowest exchange rates in 2000 (3 May vs sterling, 25 October vs the U.S. dollar, 26 October vs Japanese yen). Afterwards it regained and its exchange rate reached its historical highest point in 2008 (15 July vs US dollar, 23 July vs ...
(Reuters) -The euro dipped against the dollar on Thursday as traders reined in bets of more interest rate cuts by the European Central Bank, while broader currency moves were muted in U.S. holiday ...
The euro jumped half a percent against the dollar on Thursday after the European Central Bank refrained from hinting at an interest rate cut and instead pushed back the timing of its first rate ...
The dollar continued to strengthen against other currencies early Tuesday, reaching parity with the euro for the first time in two decades and hitting its strongest point against the British pound ...
For example, the purchasing power of the US dollar relative to that of the euro is the dollar price of a euro (dollars per euro) times the euro price of one unit of the market basket (euros/goods unit) divided by the dollar price of the market basket (dollars per goods unit), and hence is dimensionless. This is the exchange rate (expressed as ...
Americans who have been dreaming about a vacation in Europe have a perfect combination of price and opportunity this summer -- one based on a slumping euro vs. the U.S. dollar, and the other based ...
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