Euro @ 1 to $1.24

[Slide Panda]

Dunno if anyone else has been paying attention - but with all the problems stemming from the Greek debt the Euro is trading against the dollar at the lowest rate in a long time, and might go futher down against the green back. 5/14 it closed at $1.24 to the euro...

So if you are planning any big purchases from europe - might be that time.

[Popeye the Sailor]

Woo! Mail order bride time! Now I'll have two!

[Spck31]

Good for me!!!
i will spend one month in France in july. Hmmm, should change my money now.

[Grampa]

too bad the US dollar of this week is only worth .25 cents when compared to the US dollar of last week

[IZ]

Woo! Mail order bride time! Now I'll have two!

[Slide Panda]

Good for me!!!
i will spend one month in France in july. Hmmm, should change my money now.

Conservative answer is 'Yes' as this is the best exchange rate we have seen vs. the Euro in... well.. ever basically. If you want to speculate a bit more - I'm expecting a further dip as people freak out more with the Greek debt issue.

[il d00d]

Conservative answer is 'Yes' as this is the best exchange rate we have seen vs. the Euro in... well.. ever basically.

let "ever" = "late 2006"

Link to 10-year chart USD vs Euro

The USD kicked the Euro's ass for a period of about four years when it was first issued.  I was lucky enough to be traveling at the time - with airfare cheap and USD doing well, now is a good time to hop across the pond...

[Uncle Mofo]

Perfect timing for WDW  papa will be buying some new swag once over there 

[superjohn]

And naturally, I made my European purchases just before the exchange rate got better.

[He Man]

too bad theres nothing from europe i want to buy... now if only the value of AUD dropped, id buy some Veetwo parts!

[GAAN]

too bad theres nothing from europe i want to buy... now if only the value of AUD dropped, id buy some Veetwo parts!

Mmmm

cam gears

<drool>

[Raux]

yeah but the safety net fund is going to kick in. summer tourist season always drops the rate, and right around the 1st of the month as well. going into June, I expect the euro to get stronger.

[Slide Panda]

let "ever" = "late 2006"

Link to 10-year chart USD vs Euro

Indulge a little hyperbolie.

It's Bern quite some time since we have seen rates like this

[muskrat]

I don't think you'll see prices fall so quickly, especially in manufactured parts that have been sitting.  traveling there right now is appealing though.

[cyrus buelton]

I don't think you'll see prices fall so quickly, especially in manufactured parts that have been sitting.

The price of the goods won't fall, but the amerian dollar has better buying power + you always get that nice VAT back 



I'll do some EUR transfers at work tomorrow so we'll see what the real bank rate is.

I never seem to find where www.x-rates.com gets their rates, but my real time bank rates never seem to mesh.

I track currency quite a bit and the EUR has been declining for several months, I just wonder how much lower it will go.



Hope it keeps ticking lower or stays steady as we are going to Europe in late July