how much is a euro worth in u.s. dollars?
May 27th 2003, 9:07 am
#31
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Re: how much is a euro worth in u.s. dollars?
On Tue, 27 May 2003 17:53:12 GMT, [email protected] (Hatunen) wrote:
>>> I hope no one will offer to sell him the Eiffel Tower...
>>I hope they do and he buys it. Like the guy who bought London Bridge.
>The guy who bought London Bridge got to take it home.
Yes, but he THOUGHT he bought Tower bridge ;-)
Bye Maurice
--
Hamradio: ON4BAM / M0CIL / 9H3Z http://www.qsl.net/on4bam
Travelstories from Alaska, Scotland, South Africa,Iceland,
Faroe Isl. and IOTA activations
>>> I hope no one will offer to sell him the Eiffel Tower...
>>I hope they do and he buys it. Like the guy who bought London Bridge.
>The guy who bought London Bridge got to take it home.
Yes, but he THOUGHT he bought Tower bridge ;-)
Bye Maurice
--
Hamradio: ON4BAM / M0CIL / 9H3Z http://www.qsl.net/on4bam
Travelstories from Alaska, Scotland, South Africa,Iceland,
Faroe Isl. and IOTA activations
May 27th 2003, 9:46 am
#32
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Posts: n/a
Re: how much is a euro worth in u.s. dollars?
On Tue, 27 May 2003 22:01:45 GMT, Not the Karl Orff
wrote:
>In article ,
> "EvelynVogtGamble(Divamanque)" wrote:
>> j wrote:
>> >
>> > how much is a euro worth in u.s. dollars?
>>
>> As of what date? Exchange rates are not a constant, you know. Today
>> 1.18388 USD will get you one euro. Tomorrow, who knows? They've been
>> running fairly close for about the last year, although the Euro has
>> edged up to be worth slightly more than the dollar now, and was worth
>> slightly less, a year ago.
>I'd call a 20%+ swing significant.
From US $0.86 a year or so ago to $1.19 is more than a 20+%
swing.
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
wrote:
>In article ,
> "EvelynVogtGamble(Divamanque)" wrote:
>> j wrote:
>> >
>> > how much is a euro worth in u.s. dollars?
>>
>> As of what date? Exchange rates are not a constant, you know. Today
>> 1.18388 USD will get you one euro. Tomorrow, who knows? They've been
>> running fairly close for about the last year, although the Euro has
>> edged up to be worth slightly more than the dollar now, and was worth
>> slightly less, a year ago.
>I'd call a 20%+ swing significant.
From US $0.86 a year or so ago to $1.19 is more than a 20+%
swing.
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
May 27th 2003, 10:01 am
#33
Guest
Posts: n/a
Re: how much is a euro worth in u.s. dollars?
In article ,
"EvelynVogtGamble(Divamanque)" wrote:
> j wrote:
> >
> > how much is a euro worth in u.s. dollars?
>
> As of what date? Exchange rates are not a constant, you know. Today
> 1.18388 USD will get you one euro. Tomorrow, who knows? They've been
> running fairly close for about the last year, although the Euro has
> edged up to be worth slightly more than the dollar now, and was worth
> slightly less, a year ago.
I'd call a 20%+ swing significant.
"EvelynVogtGamble(Divamanque)" wrote:
> j wrote:
> >
> > how much is a euro worth in u.s. dollars?
>
> As of what date? Exchange rates are not a constant, you know. Today
> 1.18388 USD will get you one euro. Tomorrow, who knows? They've been
> running fairly close for about the last year, although the Euro has
> edged up to be worth slightly more than the dollar now, and was worth
> slightly less, a year ago.
I'd call a 20%+ swing significant.
May 27th 2003, 4:05 pm
#34
Guest
Posts: n/a
Re: how much is a euro worth in u.s. dollars?
Hatunen wrote:
>
> >> I hope no one will offer to sell him the Eiffel Tower...
> >>
> >I hope they do and he buys it. Like the guy who bought London Bridge.
>
> The guy who bought London Bridge got to take it home.
Yeah, didn't he set it up as a tourist attraction somewhere in the
Arizona desert?
>
> >> I hope no one will offer to sell him the Eiffel Tower...
> >>
> >I hope they do and he buys it. Like the guy who bought London Bridge.
>
> The guy who bought London Bridge got to take it home.
Yeah, didn't he set it up as a tourist attraction somewhere in the
Arizona desert?
May 27th 2003, 4:10 pm
#35
Guest
Posts: n/a
Re: how much is a euro worth in u.s. dollars?
Not the Karl Orff wrote:
>
> In article ,
> "EvelynVogtGamble(Divamanque)" wrote:
>
> > j wrote:
> > >
> > > how much is a euro worth in u.s. dollars?
> >
> > As of what date? Exchange rates are not a constant, you know. Today
> > 1.18388 USD will get you one euro. Tomorrow, who knows? They've been
> > running fairly close for about the last year, although the Euro has
> > edged up to be worth slightly more than the dollar now, and was worth
> > slightly less, a year ago.
>
> I'd call a 20%+ swing significant.
You'll get no argument on that! (But when you're making "ball park"
estimates of the cost of accomodations, etc. in your own currency,
eighty-nine cents or a dollar eighteen are still "close to the same".
(Although I'll grant you there's a significant difference when you're
talking about a LOT of them.)
>
> In article ,
> "EvelynVogtGamble(Divamanque)" wrote:
>
> > j wrote:
> > >
> > > how much is a euro worth in u.s. dollars?
> >
> > As of what date? Exchange rates are not a constant, you know. Today
> > 1.18388 USD will get you one euro. Tomorrow, who knows? They've been
> > running fairly close for about the last year, although the Euro has
> > edged up to be worth slightly more than the dollar now, and was worth
> > slightly less, a year ago.
>
> I'd call a 20%+ swing significant.
You'll get no argument on that! (But when you're making "ball park"
estimates of the cost of accomodations, etc. in your own currency,
eighty-nine cents or a dollar eighteen are still "close to the same".
(Although I'll grant you there's a significant difference when you're
talking about a LOT of them.)
May 27th 2003, 7:53 pm
#36
Guest
Posts: n/a
Re: how much is a euro worth in u.s. dollars?
Tim wrote in message news:...
> On Mon, 26 May 2003 11:41:30 GMT, J Quick wrote:
...
>
> > Measured in Big Macs, they're about the same burgernomics.
> >
> > http://www.economist.com/markets/big...ory_id=1098872
>
> Do I misunderstand that table? If the first column is local price, eg
> Eur2.67, the second is that price in US$, their value is US$2.37 which
> implies that the exchange rate is around us$1 = Eur1.13 which seems wrong
> to me.
> What am I not getting ?
The date of the article.
Garbage in garabage out. Note the prices, they are obviously the
listed prices so the U.S. price excludes the tax while the European ones
include it. Any rag that makes so trivial mistakes is not worth reading.
Remove the tax and you can get more accurate results. In Finland for example
the VAT is 22% (eat-in) or 17% (take-out). A Big Mac costs 3 euro here so
the tax free price is 2.45 (eat-in) or 2.56 (take-out).
Osmo
> On Mon, 26 May 2003 11:41:30 GMT, J Quick wrote:
...
>
> > Measured in Big Macs, they're about the same burgernomics.
> >
> > http://www.economist.com/markets/big...ory_id=1098872
>
> Do I misunderstand that table? If the first column is local price, eg
> Eur2.67, the second is that price in US$, their value is US$2.37 which
> implies that the exchange rate is around us$1 = Eur1.13 which seems wrong
> to me.
> What am I not getting ?
The date of the article.
Garbage in garabage out. Note the prices, they are obviously the
listed prices so the U.S. price excludes the tax while the European ones
include it. Any rag that makes so trivial mistakes is not worth reading.
Remove the tax and you can get more accurate results. In Finland for example
the VAT is 22% (eat-in) or 17% (take-out). A Big Mac costs 3 euro here so
the tax free price is 2.45 (eat-in) or 2.56 (take-out).
Osmo
May 27th 2003, 8:42 pm
#37
Guest
Posts: n/a
Re: how much is a euro worth in u.s. dollars?
On 28 May 2003 00:53:22 -0700, Osmo Ronkanen wrote:
> Tim wrote in message
> news:...
>> On Mon, 26 May 2003 11:41:30 GMT, J Quick wrote:
> ...
> >
>> > Measured in Big Macs, they're about the same burgernomics.
>> >
>> >
>> http://www.economist.com/markets/big...ory_id=1098872
>> Do I misunderstand that table? If the first column is local price, eg
>> Eur2.67, the second is that price in US$, their value is US$2.37 which
>> implies that the exchange rate is around us$1 = Eur1.13 which seems
>> wrong to me.
>> What am I not getting ?
> The date of the article.
> Garbage in garabage out. Note the prices, they are obviously the listed
> prices so the U.S. price excludes the tax while the European ones
> include it. Any rag that makes so trivial mistakes is not worth reading.
> Remove the tax and you can get more accurate results. In Finland for
> example
> the VAT is 22% (eat-in) or 17% (take-out). A Big Mac costs 3 euro here so
> the tax free price is 2.45 (eat-in) or 2.56 (take-out).
> Osmo
Yep, you're absolutely right, thanks. I just didn't see the date before. It
all make sense now.
Tim
> Tim wrote in message
> news:...
>> On Mon, 26 May 2003 11:41:30 GMT, J Quick wrote:
> ...
> >
>> > Measured in Big Macs, they're about the same burgernomics.
>> >
>> >
>> http://www.economist.com/markets/big...ory_id=1098872
>> Do I misunderstand that table? If the first column is local price, eg
>> Eur2.67, the second is that price in US$, their value is US$2.37 which
>> implies that the exchange rate is around us$1 = Eur1.13 which seems
>> wrong to me.
>> What am I not getting ?
> The date of the article.
> Garbage in garabage out. Note the prices, they are obviously the listed
> prices so the U.S. price excludes the tax while the European ones
> include it. Any rag that makes so trivial mistakes is not worth reading.
> Remove the tax and you can get more accurate results. In Finland for
> example
> the VAT is 22% (eat-in) or 17% (take-out). A Big Mac costs 3 euro here so
> the tax free price is 2.45 (eat-in) or 2.56 (take-out).
> Osmo
Yep, you're absolutely right, thanks. I just didn't see the date before. It
all make sense now.
Tim
May 27th 2003, 11:05 pm
#38
Guest
Posts: n/a
Re: how much is a euro worth in u.s. dollars?
Tim wrote:
> On Mon, 26 May 2003 11:41:30 GMT, J Quick wrote:
>
>> "j" wrote in message
>> news:[email protected]...
>>> how much is a euro worth in u.s. dollars?
>> http://www.oanda.com
>> Measured in Big Macs, they're about the same burgernomics.
>> http://www.economist.com/markets/big...ory_id=1098872
>
>
> Do I misunderstand that table? If the first column is local price, eg
> Eur2.67, the second is that price in US$, their value is US$2.37 which
> implies that the exchange rate is around us$1 = Eur1.13 which seems
> wrong to me.
> What am I not getting ?
> Tim.
WHat you're not getting is that the article is about a year out of date.
> On Mon, 26 May 2003 11:41:30 GMT, J Quick wrote:
>
>> "j" wrote in message
>> news:[email protected]...
>>> how much is a euro worth in u.s. dollars?
>> http://www.oanda.com
>> Measured in Big Macs, they're about the same burgernomics.
>> http://www.economist.com/markets/big...ory_id=1098872
>
>
> Do I misunderstand that table? If the first column is local price, eg
> Eur2.67, the second is that price in US$, their value is US$2.37 which
> implies that the exchange rate is around us$1 = Eur1.13 which seems
> wrong to me.
> What am I not getting ?
> Tim.
WHat you're not getting is that the article is about a year out of date.
May 27th 2003, 11:13 pm
#39
Guest
Posts: n/a
Re: how much is a euro worth in u.s. dollars?
Hatunen wrote:
> On Tue, 27 May 2003 22:01:45 GMT, Not the Karl Orff
> wrote:
>
>
>>In article ,
>>"EvelynVogtGamble(Divamanque)" wrote:
>>>j wrote:
>>>>how much is a euro worth in u.s. dollars?
>>>As of what date? Exchange rates are not a constant, you know. Today
>>>1.18388 USD will get you one euro. Tomorrow, who knows? They've been
>>>running fairly close for about the last year, although the Euro has
>>>edged up to be worth slightly more than the dollar now, and was worth
>>>slightly less, a year ago.
>>I'd call a 20%+ swing significant.
>
>
> From US $0.86 a year or so ago to $1.19 is more than a 20+%
> swing.
>
Indeed! We have been waiting for the dollar to come up slightly, since
we have to transfer money to our French bank account in preparation for
paying the electrician's bill at the completion of the work. Well, he's
gone and completed it and we're wishing we had sent the money to the
bank a couple of months ago. Sigh. I'm sure that once our check is
cashed by the French bank - at what will most likely be the all time
high for the Euro against the dollar - the rate will plummet.
> On Tue, 27 May 2003 22:01:45 GMT, Not the Karl Orff
> wrote:
>
>
>>In article ,
>>"EvelynVogtGamble(Divamanque)" wrote:
>>>j wrote:
>>>>how much is a euro worth in u.s. dollars?
>>>As of what date? Exchange rates are not a constant, you know. Today
>>>1.18388 USD will get you one euro. Tomorrow, who knows? They've been
>>>running fairly close for about the last year, although the Euro has
>>>edged up to be worth slightly more than the dollar now, and was worth
>>>slightly less, a year ago.
>>I'd call a 20%+ swing significant.
>
>
> From US $0.86 a year or so ago to $1.19 is more than a 20+%
> swing.
>
Indeed! We have been waiting for the dollar to come up slightly, since
we have to transfer money to our French bank account in preparation for
paying the electrician's bill at the completion of the work. Well, he's
gone and completed it and we're wishing we had sent the money to the
bank a couple of months ago. Sigh. I'm sure that once our check is
cashed by the French bank - at what will most likely be the all time
high for the Euro against the dollar - the rate will plummet.
May 27th 2003, 11:18 pm
#40
Guest
Posts: n/a
Re: how much is a euro worth in u.s. dollars?
On Wed, 28 May 2003 11:13:26 GMT, ellie
wrote:
> Hatunen wrote:
>> On Tue, 27 May 2003 22:01:45 GMT, Not the Karl Orff
>> wrote:
>>> In article ,
>>> "EvelynVogtGamble(Divamanque)" wrote:
>>>> j wrote:
>>>>> how much is a euro worth in u.s. dollars?
>>>> As of what date? Exchange rates are not a constant, you know. Today
>>>> 1.18388 USD will get you one euro. Tomorrow, who knows? They've been
>>>> running fairly close for about the last year, although the Euro has
>>>> edged up to be worth slightly more than the dollar now, and was worth
>>>> slightly less, a year ago.
>>> I'd call a 20%+ swing significant.
>> From US $0.86 a year or so ago to $1.19 is more than a 20+%
>> swing.
> Indeed! We have been waiting for the dollar to come up slightly, since
> we have to transfer money to our French bank account in preparation for
> paying the electrician's bill at the completion of the work. Well, he's
> gone and completed it and we're wishing we had sent the money to the bank
> a couple of months ago. Sigh. I'm sure that once our check is cashed by
> the French bank - at what will most likely be the all time high for the
> Euro against the dollar - the rate will plummet.
It's certain to do. It always does just after you transfer a load of dosh
at the worst rate ever. It's an invariable law of nature, to go with death,
income tax and the existence of rice-pudding.
Tim.
wrote:
> Hatunen wrote:
>> On Tue, 27 May 2003 22:01:45 GMT, Not the Karl Orff
>> wrote:
>>> In article ,
>>> "EvelynVogtGamble(Divamanque)" wrote:
>>>> j wrote:
>>>>> how much is a euro worth in u.s. dollars?
>>>> As of what date? Exchange rates are not a constant, you know. Today
>>>> 1.18388 USD will get you one euro. Tomorrow, who knows? They've been
>>>> running fairly close for about the last year, although the Euro has
>>>> edged up to be worth slightly more than the dollar now, and was worth
>>>> slightly less, a year ago.
>>> I'd call a 20%+ swing significant.
>> From US $0.86 a year or so ago to $1.19 is more than a 20+%
>> swing.
> Indeed! We have been waiting for the dollar to come up slightly, since
> we have to transfer money to our French bank account in preparation for
> paying the electrician's bill at the completion of the work. Well, he's
> gone and completed it and we're wishing we had sent the money to the bank
> a couple of months ago. Sigh. I'm sure that once our check is cashed by
> the French bank - at what will most likely be the all time high for the
> Euro against the dollar - the rate will plummet.
It's certain to do. It always does just after you transfer a load of dosh
at the worst rate ever. It's an invariable law of nature, to go with death,
income tax and the existence of rice-pudding.
Tim.
May 27th 2003, 11:51 pm
#41
Guest
Posts: n/a
Re: how much is a euro worth in u.s. dollars?
"Hatunen" wrote
| >> I hope no one will offer to sell him the Eiffel Tower...
| >I hope they do and he buys it. Like the guy who bought London
| >Bridge.
| The guy who bought London Bridge got to take it home.
I bet the airline really stung him for excess baggage!
Owain
| >> I hope no one will offer to sell him the Eiffel Tower...
| >I hope they do and he buys it. Like the guy who bought London
| >Bridge.
| The guy who bought London Bridge got to take it home.
I bet the airline really stung him for excess baggage!
Owain
May 28th 2003, 1:40 am
#42
Guest
Posts: n/a
Re: how much is a euro worth in u.s. dollars?
On Wed, 28 May 2003 12:51:15 +0100, Owain
wrote:
> "Hatunen" wrote | >> I hope no one will offer to sell him the Eiffel
> Tower...
> | >I hope they do and he buys it. Like the guy who bought London |
> >Bridge.
> | The guy who bought London Bridge got to take it home.
> I bet the airline really stung him for excess baggage!
> Owain
I told him not to fly Ryanair.
Tim.
wrote:
> "Hatunen" wrote | >> I hope no one will offer to sell him the Eiffel
> Tower...
> | >I hope they do and he buys it. Like the guy who bought London |
> >Bridge.
> | The guy who bought London Bridge got to take it home.
> I bet the airline really stung him for excess baggage!
> Owain
I told him not to fly Ryanair.
Tim.
May 28th 2003, 5:40 am
#43
Guest
Posts: n/a
Re: how much is a euro worth in u.s. dollars?
On Wed, 28 May 2003 11:13:26 GMT, ellie
wrote:
>Hatunen wrote:
>> From US $0.86 a year or so ago to $1.19 is more than a 20+%
>> swing.
>>
>Indeed! We have been waiting for the dollar to come up slightly, since
>we have to transfer money to our French bank account in preparation for
>paying the electrician's bill at the completion of the work. Well, he's
>gone and completed it and we're wishing we had sent the money to the
>bank a couple of months ago. Sigh. I'm sure that once our check is
>cashed by the French bank - at what will most likely be the all time
>high for the Euro against the dollar - the rate will plummet.
I own shares in a Finnish company through an American stock
device wherein I am actually buying sort of dollar-denominated
certificates which bear a price directly coupled to the Finnish
price. I have taken rather a bath on the stock, although at least
the yield is sufficient to encourage me to hold on in hopes the
dollar rises again against the euro. Or the company goes
gangbusters and the price rises enough to swamp the exchange
rate. Yeah, sure.
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
wrote:
>Hatunen wrote:
>> From US $0.86 a year or so ago to $1.19 is more than a 20+%
>> swing.
>>
>Indeed! We have been waiting for the dollar to come up slightly, since
>we have to transfer money to our French bank account in preparation for
>paying the electrician's bill at the completion of the work. Well, he's
>gone and completed it and we're wishing we had sent the money to the
>bank a couple of months ago. Sigh. I'm sure that once our check is
>cashed by the French bank - at what will most likely be the all time
>high for the Euro against the dollar - the rate will plummet.
I own shares in a Finnish company through an American stock
device wherein I am actually buying sort of dollar-denominated
certificates which bear a price directly coupled to the Finnish
price. I have taken rather a bath on the stock, although at least
the yield is sufficient to encourage me to hold on in hopes the
dollar rises again against the euro. Or the company goes
gangbusters and the price rises enough to swamp the exchange
rate. Yeah, sure.
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
May 28th 2003, 5:41 am
#44
Guest
Posts: n/a
Re: how much is a euro worth in u.s. dollars?
On Wed, 28 May 2003 04:05:10 GMT, "EvelynVogtGamble(Divamanque)"
wrote:
>Hatunen wrote:
>>
>> >> I hope no one will offer to sell him the Eiffel Tower...
>> >>
>> >I hope they do and he buys it. Like the guy who bought London Bridge.
>>
>> The guy who bought London Bridge got to take it home.
>Yeah, didn't he set it up as a tourist attraction somewhere in the
>Arizona desert?
Lake Havasu City.
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
wrote:
>Hatunen wrote:
>>
>> >> I hope no one will offer to sell him the Eiffel Tower...
>> >>
>> >I hope they do and he buys it. Like the guy who bought London Bridge.
>>
>> The guy who bought London Bridge got to take it home.
>Yeah, didn't he set it up as a tourist attraction somewhere in the
>Arizona desert?
Lake Havasu City.
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
May 28th 2003, 5:46 am
#45
Guest
Posts: n/a
Re: how much is a euro worth in u.s. dollars?
On 28 May 2003 00:53:22 -0700, [email protected] (Osmo Ronkanen)
wrote:
>Garbage in garabage out. Note the prices, they are obviously the
>listed prices so the U.S. price excludes the tax while the European ones
>include it. Any rag that makes so trivial mistakes is not worth reading.
The Economist text addresses the question of price differences
due to taxes, tariffs, profit margins and such things as rents.
thus it is unfair to call it a trivial mistake. You may disagree
with The Economist's decision as to whether to try to include
these things, but you cannot call it a "trivial mistake":
"significant misassumption", perhaps.
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
wrote:
>Garbage in garabage out. Note the prices, they are obviously the
>listed prices so the U.S. price excludes the tax while the European ones
>include it. Any rag that makes so trivial mistakes is not worth reading.
The Economist text addresses the question of price differences
due to taxes, tariffs, profit margins and such things as rents.
thus it is unfair to call it a trivial mistake. You may disagree
with The Economist's decision as to whether to try to include
these things, but you cannot call it a "trivial mistake":
"significant misassumption", perhaps.
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
