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View Full Version : Time To Visit Our Comrades in Europe!


Bud Struggle
6th May 2010, 21:29
http://www.exchange-rates.org/Chart.aspx?iso_code=USD&base_iso_code=EUR&mode=G&filter=180

http://www.exchange-rates.org/history/USD/EUR/G/180

Let's get this Revolution Going.

Of course the Dow is down 700! At this rate we won't be able to afford the lower prices over yonder.
Ele'ill
6th May 2010, 22:58
I don't understand that graph and I'm not really into economics in regards to technical information unless it applies to a story in words. I'd really like to work on this btw and this isn't a dick response to your post.
Robert
7th May 2010, 01:15
It means we used to have to pay $10 for a coke in Paris.

With the Euro down in value relative to the dollar, we can now get one for only $9!
¿Que?
7th May 2010, 01:23
I don't understand that graph and I'm not really into economics in regards to technical information unless it applies to a story in words. I'd really like to work on this btw and this isn't a dick response to your post.
It's a relatively simple graph. The numbers on the Y axis signify what 1 euro is worth in dollars. The X axis is a particular day of the year. You can see that the euro has been decreasing in value relative to the dollar.

I'm not an expert at economics, but that graph is very basic. Just takes a little bit of observation and a little bit of thought.:D

BTW, I'm pretty sure Robert is exaggerating...
Robert
7th May 2010, 02:20
BTW, I'm pretty sure Robert is exaggerating...

Qui, moi?

http://serve.mysmiley.net/angel/angelgirl.gif (http://www.mysmiley.net)
Dean
7th May 2010, 15:40
This is a terrible graph because it inflates the difference. What we actually see is:

1.5138 to 1.2631 difference of 0.2507
That's a 16.6% difference.

Since those are also the high and low ends of the graph, the graph only represents 16.6 percent of the total value of the dollar.

Significant, but not as excessive as the data seems to indicate.
Bud Struggle
7th May 2010, 16:07
Dean--the Euro took a HUGE hit in a very short time. And it's not finished.
Dean
7th May 2010, 16:36
Dean--the Euro took a HUGE hit in a very short time. And it's not finished.

I know. It used to be about 2.00E to one USD. But the changes above are still much less significant as they imply - as I said before, it only represents 16.6 percent of the total value of the USD in relation to the E.