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Subject: Re: Euro hits new two-year high against dollar Posted on: Fri, 13 Apr 2007 17:27:01 -0400

Martin wrote on Fri, 13 Apr 2007 23:22:02 +0200:

??>> Lars wrote on Fri, 13 Apr 2007 18:55:38 GMT:
??>>
??>>>>> The euro surged on Friday to 1.3534 dollars
??>>
??>>>> What is the lowest the Euro has ever been against the
??>>>> dollar...???
??>>
L>>> When the Euro was first introduced I think it was only
L>>> worth about 0.90 US$.
??>>
??>> The introductory value was $1.18 at 1/4/99

M> 1.1659 1-1-99

??>> but its value when
??>> the big switchover occurred at the beginning of 2002 *was*
??>> 0.9039 according to my records.

M> 0.8954

??>> It had gone as low as $0.83
??>> before it became regular currency, hit a low in 2002 of
??>> $0.86

M> 0.8624

??>> and has climbed steadily (with fluctuations) since.

M> ECB figures from
M>
http://www.ecb.int/stats/exchange/eurofxref/html/eurofxref-graph-usd.en.html

I don't think we are in any basic disagreement but I am using
the OANDA, http://www.oanda.com/ ,exchange rates so there could
be minor differences.

James Silverton
Potomac, Maryland

E-mail, with obvious alterations:
not.jim.silverton.at.comcast.not