Exchange in dollars
At the beginning of its introduction, the euro fell sharply against various currencies (especially the US dollar). 1999 When the euro was introduced, the value per euro was $65,438+0.18; On June 26th, 2000 10, the euro fell to an all-time low of $0.8228. But then the euro began to experience recovery. At the beginning of 200 1 year, the euro rose to nearly $0.96. But then it entered a period of decline, although this time the decline was small, with the lowest drop to 0.834 USD 200 1. The beginning of currency recovery counterbalanced the dollar. Due to the corporate scandal in the United States, these two currencies approached 1: 1 on July 5, 2002. By the end of 2002, the euro reached 1.04 USD, and then it continued to climb.
On May 23rd, 2003, the euro first broke through the height of 1. 18 USD, and on February 24th, 2004, it broke through 1.35 USD (0.74 EUR = 1 USD). On February 30th, 2004, 65438+ set a record of 1.3668 USD. Some analysts predict that the euro will remain strong against the dollar. On August 3, 2007, the euro reached $65,438 +0.37. 20071October 23rd, 165438+ Euro reached 1.49 USD. On April 22nd and July 5th, 2008, 15, the euro hit a record high of 1.60 USD twice. After the financial crisis, the euro entered a period of strong shock.