Subject:
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Re: Euro
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Newsgroups:
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lugnet.loc.eu
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Date:
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Fri, 31 Aug 2001 19:56:17 GMT
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Viewed:
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2467 times
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In lugnet.loc.eu, Todd Thuma writes:
> What's a Euro?
It's a new currency that many European countries are going (have just
started!) to use instead of their own national currencies. So gradually the
nations who are taking part in the project will begin to stop circulating
their own currencies and begin only using Euros. So things like the French
Franc, etc, will be slowly taken out of the market. For a couple years now
vendors across Europe have shown the Euro price to get people ready for it,
even though until now, there have been no actual exchanges in Europe. And
for the record, 1 Euro is almost equal to 1 U.S. dollar (that's the value it
started at initially).
DaveE
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Message has 1 Reply:
 | | Re: Euro
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| (...) Not quite accurate, but close enough. For the purists, I leave a few extra data: - Euro fixed exchange rates for the european monetary union currencies have been fixated on January 1st, 1999. By that time a Euro was worth close to 1,13 USD (if (...) (23 years ago, 1-Sep-01, to lugnet.loc.eu)
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