Value of Euro
Dec 30th 2005, 10:12 am
#1
Guest
Posts: n/a
Value of Euro
Hello, All!
It's an interesting statistic that, seven years after its
introduction at the beginning of 1999, the Euro is worth almost
the same amount of US dollars as it was then. The introductory
value, according to Oanda.com, was 1.1812 EUR to 1.0 USD. The
corresponding value on the last day of this year is 1.1848.
James Silverton
Potomac, Maryland, USA
It's an interesting statistic that, seven years after its
introduction at the beginning of 1999, the Euro is worth almost
the same amount of US dollars as it was then. The introductory
value, according to Oanda.com, was 1.1812 EUR to 1.0 USD. The
corresponding value on the last day of this year is 1.1848.
James Silverton
Potomac, Maryland, USA
Dec 30th 2005, 11:00 am
#2
Guest
Posts: n/a
Re: Value of Euro
Think again, Yankee
Your $ is worthless as you counted the wrong way
One euro is 1.18 $
Not the other way round...
"James Silverton" <not.jim.silverton.at.comcast.net> a �crit dans le message
de news: [email protected]...
> Hello, All!
> It's an interesting statistic that, seven years after its introduction at
> the beginning of 1999, the Euro is worth almost the same amount of US
> dollars as it was then. The introductory value, according to Oanda.com,
> was 1.1812 EUR to 1.0 USD. The corresponding value on the last day of this
> year is 1.1848.
> James Silverton
> Potomac, Maryland, USA
Your $ is worthless as you counted the wrong way
One euro is 1.18 $
Not the other way round...
"James Silverton" <not.jim.silverton.at.comcast.net> a �crit dans le message
de news: [email protected]...
> Hello, All!
> It's an interesting statistic that, seven years after its introduction at
> the beginning of 1999, the Euro is worth almost the same amount of US
> dollars as it was then. The introductory value, according to Oanda.com,
> was 1.1812 EUR to 1.0 USD. The corresponding value on the last day of this
> year is 1.1848.
> James Silverton
> Potomac, Maryland, USA
Dec 30th 2005, 12:08 pm
#3
Guest
Posts: n/a
Re: Value of Euro
James Silverton wrote:
> Hello, All!
> It's an interesting statistic that, seven years after its
> introduction at the beginning of 1999, the Euro is worth almost
> the same amount of US dollars as it was then. The introductory
> value, according to Oanda.com, was 1.1812 EUR to 1.0 USD. The
> corresponding value on the last day of this year is 1.1848.
> James Silverton
> Potomac, Maryland, USA
I have to contradict you. I have taken much more value since 1999.
Euro
> Hello, All!
> It's an interesting statistic that, seven years after its
> introduction at the beginning of 1999, the Euro is worth almost
> the same amount of US dollars as it was then. The introductory
> value, according to Oanda.com, was 1.1812 EUR to 1.0 USD. The
> corresponding value on the last day of this year is 1.1848.
> James Silverton
> Potomac, Maryland, USA
I have to contradict you. I have taken much more value since 1999.
Euro
Dec 30th 2005, 1:04 pm
#4
Guest
Posts: n/a
Re: Value of Euro
On Fri, 30 Dec 2005 18:12:34 -0500, "James Silverton"
<not.jim.silverton.at.comcast.net> wrote:
>Hello, All!
>It's an interesting statistic that, seven years after its
>introduction at the beginning of 1999, the Euro is worth almost
>the same amount of US dollars as it was then. The introductory
>value, according to Oanda.com, was 1.1812 EUR to 1.0 USD. The
>corresponding value on the last day of this year is 1.1848.
What's interesting about it?
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
<not.jim.silverton.at.comcast.net> wrote:
>Hello, All!
>It's an interesting statistic that, seven years after its
>introduction at the beginning of 1999, the Euro is worth almost
>the same amount of US dollars as it was then. The introductory
>value, according to Oanda.com, was 1.1812 EUR to 1.0 USD. The
>corresponding value on the last day of this year is 1.1848.
What's interesting about it?
************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
Dec 30th 2005, 8:34 pm
#5
Guest
Posts: n/a
Re: Value of Euro
On 31/12/05 3:04, in article [email protected],
"Hatunen" <[email protected]> wrote:
> On Fri, 30 Dec 2005 18:12:34 -0500, "James Silverton"
> <not.jim.silverton.at.comcast.net> wrote:
>
>> Hello, All!
>>
>> It's an interesting statistic that, seven years after its
>> introduction at the beginning of 1999, the Euro is worth almost
>> the same amount of US dollars as it was then. The introductory
>> value, according to Oanda.com, was 1.1812 EUR to 1.0 USD. The
>> corresponding value on the last day of this year is 1.1848.
>
> What's interesting about it?
"When asked which way the stock market would go, JP Morgan said, " It will
fluctuate"
There are 10s of thousands of chartists who look at whatever market and note
the same thing trying to figure out "where" the market is going.
The news last week was the US 2 bond interest rates touching-sometimes
crossing the 10 year rate. A lot of comment. Is the US economy running out
of steam?? Or is it a natural consequence of the Feds gradually increasing
interest rates when the long term bond market is going it own way?
Ah what magic people see in numbers!
"Hatunen" <[email protected]> wrote:
> On Fri, 30 Dec 2005 18:12:34 -0500, "James Silverton"
> <not.jim.silverton.at.comcast.net> wrote:
>
>> Hello, All!
>>
>> It's an interesting statistic that, seven years after its
>> introduction at the beginning of 1999, the Euro is worth almost
>> the same amount of US dollars as it was then. The introductory
>> value, according to Oanda.com, was 1.1812 EUR to 1.0 USD. The
>> corresponding value on the last day of this year is 1.1848.
>
> What's interesting about it?
"When asked which way the stock market would go, JP Morgan said, " It will
fluctuate"
There are 10s of thousands of chartists who look at whatever market and note
the same thing trying to figure out "where" the market is going.
The news last week was the US 2 bond interest rates touching-sometimes
crossing the 10 year rate. A lot of comment. Is the US economy running out
of steam?? Or is it a natural consequence of the Feds gradually increasing
interest rates when the long term bond market is going it own way?
Ah what magic people see in numbers!
Dec 30th 2005, 9:51 pm
#6
Guest
Posts: n/a
Re: Value of Euro
Aaahh here he is !
The OT lurred him right here and as a stupid male chauvinist he couldn't be
called chicken, could he ??
"Earl Evleth" <[email protected]> a �crit dans le message de news:
BFDC0F1C.8C7F9%[email protected]...
> On 31/12/05 3:04, in article [email protected],
> "Hatunen" <[email protected]> wrote:
>> On Fri, 30 Dec 2005 18:12:34 -0500, "James Silverton"
>> <not.jim.silverton.at.comcast.net> wrote:
>>> Hello, All!
>>> It's an interesting statistic that, seven years after its
>>> introduction at the beginning of 1999, the Euro is worth almost
>>> the same amount of US dollars as it was then. The introductory
>>> value, according to Oanda.com, was 1.1812 EUR to 1.0 USD. The
>>> corresponding value on the last day of this year is 1.1848.
>> What's interesting about it?
> "When asked which way the stock market would go, JP Morgan said, " It will
> fluctuate"
> There are 10s of thousands of chartists who look at whatever market and
> note
> the same thing trying to figure out "where" the market is going.
> The news last week was the US 2 bond interest rates touching-sometimes
> crossing the 10 year rate. A lot of comment. Is the US economy running
> out
> of steam?? Or is it a natural consequence of the Feds gradually increasing
> interest rates when the long term bond market is going it own way?
> Ah what magic people see in numbers!
>
The OT lurred him right here and as a stupid male chauvinist he couldn't be
called chicken, could he ??
"Earl Evleth" <[email protected]> a �crit dans le message de news:
BFDC0F1C.8C7F9%[email protected]...
> On 31/12/05 3:04, in article [email protected],
> "Hatunen" <[email protected]> wrote:
>> On Fri, 30 Dec 2005 18:12:34 -0500, "James Silverton"
>> <not.jim.silverton.at.comcast.net> wrote:
>>> Hello, All!
>>> It's an interesting statistic that, seven years after its
>>> introduction at the beginning of 1999, the Euro is worth almost
>>> the same amount of US dollars as it was then. The introductory
>>> value, according to Oanda.com, was 1.1812 EUR to 1.0 USD. The
>>> corresponding value on the last day of this year is 1.1848.
>> What's interesting about it?
> "When asked which way the stock market would go, JP Morgan said, " It will
> fluctuate"
> There are 10s of thousands of chartists who look at whatever market and
> note
> the same thing trying to figure out "where" the market is going.
> The news last week was the US 2 bond interest rates touching-sometimes
> crossing the 10 year rate. A lot of comment. Is the US economy running
> out
> of steam?? Or is it a natural consequence of the Feds gradually increasing
> interest rates when the long term bond market is going it own way?
> Ah what magic people see in numbers!
>
Dec 30th 2005, 9:57 pm
#7
Guest
Posts: n/a
Re: Value of Euro
Earl, reread what you wrote, you say absolutely nothing! Psychiatrists
term your compulsion to respond to any and everything with nonsensical
drivel: A man infatuated with the sound of his own bullshit (syndrome).
Dr. Cochon
term your compulsion to respond to any and everything with nonsensical
drivel: A man infatuated with the sound of his own bullshit (syndrome).
Dr. Cochon
Dec 31st 2005, 6:55 am
#8
Guest
Posts: n/a
Re: Value of Euro
"James Silverton" <not.jim.silverton.at.comcast.net> wrote in message
news:[email protected]. ..
> Hello, All!
> It's an interesting statistic that, seven years after its
> introduction at the beginning of 1999, the Euro is worth almost
> the same amount of US dollars as it was then. The introductory
> value, according to Oanda.com, was 1.1812 EUR to 1.0 USD. The
> corresponding value on the last day of this year is 1.1848.
> James Silverton
> Potomac, Maryland, USA
You are confused. Oanda shows that on 01 Jan 1999 1.00 EUR = 1.16740 USD.
news:[email protected]. ..
> Hello, All!
> It's an interesting statistic that, seven years after its
> introduction at the beginning of 1999, the Euro is worth almost
> the same amount of US dollars as it was then. The introductory
> value, according to Oanda.com, was 1.1812 EUR to 1.0 USD. The
> corresponding value on the last day of this year is 1.1848.
> James Silverton
> Potomac, Maryland, USA
You are confused. Oanda shows that on 01 Jan 1999 1.00 EUR = 1.16740 USD.
Dec 31st 2005, 7:25 am
#9
Guest
Posts: n/a
Re: Value of Euro
catalpa wrote on Sat, 31 Dec 2005 19:55:10 GMT:
You are confused. Oanda shows that on 01 Jan 1999 1.00 EUR =
1.16740 USD.
c> "James Silverton" <not.jim.silverton.at.comcast.net> wrote
c> in message
c> news:[email protected]. ..
??>> Hello, All!
??>>
??>> It's an interesting statistic that, seven years after its
??>> introduction at the beginning of 1999, the Euro is worth
??>> almost the same amount of US dollars as it was then. The
??>> introductory value, according to Oanda.com, was 1.1812 EUR
??>> to 1.0 USD. The corresponding value on the last day of
??>> this year is 1.1848.
Quite possibly it did on 1/1/99 but my business day records
begin with 1/4/99. In any case, the interesting thing is that,
after 7 years, the initial value of the Euro is essentially
today's value. I wonder what will happen in the coming year:
down to 0.83 or up to 1.33? Probably the latter or worse is more
likely if Dubya continues his attempt to spend the US into the
ground.
James Silverton.
You are confused. Oanda shows that on 01 Jan 1999 1.00 EUR =
1.16740 USD.
c> "James Silverton" <not.jim.silverton.at.comcast.net> wrote
c> in message
c> news:[email protected]. ..
??>> Hello, All!
??>>
??>> It's an interesting statistic that, seven years after its
??>> introduction at the beginning of 1999, the Euro is worth
??>> almost the same amount of US dollars as it was then. The
??>> introductory value, according to Oanda.com, was 1.1812 EUR
??>> to 1.0 USD. The corresponding value on the last day of
??>> this year is 1.1848.
Quite possibly it did on 1/1/99 but my business day records
begin with 1/4/99. In any case, the interesting thing is that,
after 7 years, the initial value of the Euro is essentially
today's value. I wonder what will happen in the coming year:
down to 0.83 or up to 1.33? Probably the latter or worse is more
likely if Dubya continues his attempt to spend the US into the
ground.
James Silverton.
Dec 31st 2005, 7:29 am
#10
Guest
Posts: n/a
Re: Value of Euro
Where ever is that poster who bought 5000 Eu at $1.26-8 several months
ago and bragged about his 'smart investment'...<g>
Tim K
"catalpa" <[email protected]> wrote in message
news:ymBtf.3102$713.1342@trnddc01...
> "James Silverton" <not.jim.silverton.at.comcast.net> wrote in message
> news:[email protected]. ..
> > Hello, All!
> >
> > It's an interesting statistic that, seven years after its
> > introduction at the beginning of 1999, the Euro is worth almost
> > the same amount of US dollars as it was then. The introductory
> > value, according to Oanda.com, was 1.1812 EUR to 1.0 USD. The
> > corresponding value on the last day of this year is 1.1848.
> >
> > James Silverton
> > Potomac, Maryland, USA
> >
> You are confused. Oanda shows that on 01 Jan 1999 1.00 EUR = 1.16740
USD.
ago and bragged about his 'smart investment'...<g>
Tim K
"catalpa" <[email protected]> wrote in message
news:ymBtf.3102$713.1342@trnddc01...
> "James Silverton" <not.jim.silverton.at.comcast.net> wrote in message
> news:[email protected]. ..
> > Hello, All!
> >
> > It's an interesting statistic that, seven years after its
> > introduction at the beginning of 1999, the Euro is worth almost
> > the same amount of US dollars as it was then. The introductory
> > value, according to Oanda.com, was 1.1812 EUR to 1.0 USD. The
> > corresponding value on the last day of this year is 1.1848.
> >
> > James Silverton
> > Potomac, Maryland, USA
> >
> You are confused. Oanda shows that on 01 Jan 1999 1.00 EUR = 1.16740
USD.
Dec 31st 2005, 7:55 am
#11
Guest
Posts: n/a
Re: Value of Euro
Timothy Kroesen wrote:
> Where ever is that poster who bought 5000 Eu at $1.26-8 several months
> ago and bragged about his 'smart investment'...<g>
Of course, and now he wants other people to take them off his hands before
they bottom out.
> Where ever is that poster who bought 5000 Eu at $1.26-8 several months
> ago and bragged about his 'smart investment'...<g>
Of course, and now he wants other people to take them off his hands before
they bottom out.
Dec 31st 2005, 7:10 pm
#12
Guest
Posts: n/a
Re: Value of Euro
"James Silverton" <not.jim.silverton.at.comcast.net> wrote in message
news:[email protected]. ..
> catalpa wrote on Sat, 31 Dec 2005 19:55:10 GMT:
> You are confused. Oanda shows that on 01 Jan 1999 1.00 EUR =
> 1.16740 USD.
> c> "James Silverton" <not.jim.silverton.at.comcast.net> wrote
> c> in message
> c> news:[email protected]. ..
> ??>> Hello, All!
> ??>>
> ??>> It's an interesting statistic that, seven years after its
> ??>> introduction at the beginning of 1999, the Euro is worth
> ??>> almost the same amount of US dollars as it was then. The
> ??>> introductory value, according to Oanda.com, was 1.1812 EUR
> ??>> to 1.0 USD. The corresponding value on the last day of
> ??>> this year is 1.1848.
> Quite possibly it did on 1/1/99 but my business day records
> begin with 1/4/99. In any case, the interesting thing is that,
> after 7 years, the initial value of the Euro is essentially
> today's value. I wonder what will happen in the coming year:
> down to 0.83 or up to 1.33? Probably the latter or worse is more
> likely if Dubya continues his attempt to spend the US into the
> ground.
> James Silverton.
You had the currency relationship backwards. The interbank data from Oanda
in units of USD to equal 1.00 EUR is:
12/30/1998 1.17140
12/31/1998 1.16740
01/01/1999 1.16740
01/02/1999 1.16740
01/03/1999 1.17270
01/04/1999 1.18080
01/05/1999 1.18020
news:[email protected]. ..
> catalpa wrote on Sat, 31 Dec 2005 19:55:10 GMT:
> You are confused. Oanda shows that on 01 Jan 1999 1.00 EUR =
> 1.16740 USD.
> c> "James Silverton" <not.jim.silverton.at.comcast.net> wrote
> c> in message
> c> news:[email protected]. ..
> ??>> Hello, All!
> ??>>
> ??>> It's an interesting statistic that, seven years after its
> ??>> introduction at the beginning of 1999, the Euro is worth
> ??>> almost the same amount of US dollars as it was then. The
> ??>> introductory value, according to Oanda.com, was 1.1812 EUR
> ??>> to 1.0 USD. The corresponding value on the last day of
> ??>> this year is 1.1848.
> Quite possibly it did on 1/1/99 but my business day records
> begin with 1/4/99. In any case, the interesting thing is that,
> after 7 years, the initial value of the Euro is essentially
> today's value. I wonder what will happen in the coming year:
> down to 0.83 or up to 1.33? Probably the latter or worse is more
> likely if Dubya continues his attempt to spend the US into the
> ground.
> James Silverton.
You had the currency relationship backwards. The interbank data from Oanda
in units of USD to equal 1.00 EUR is:
12/30/1998 1.17140
12/31/1998 1.16740
01/01/1999 1.16740
01/02/1999 1.16740
01/03/1999 1.17270
01/04/1999 1.18080
01/05/1999 1.18020
Dec 31st 2005, 9:23 pm
#13
Guest
Posts: n/a
Re: Value of Euro
On 31/12/05 21:29, in article
ySBtf.754$%[email protected] , "Timothy Kroesen"
<[email protected]> wrote:
> Where ever is that poster who bought 5000 Eu at $1.26-8 several months
> ago and bragged about his 'smart investment'...<g>
Few ever brag about failed investments! Most want to appear
as an investment genius.
We bought our first apartment when the dollar was about 4.8 francs, the
studio at 4.1 when it approached the low (3.89) in the late '70s.
When buying real estate one converts at the going market. Naturally
if you hold real estate long enough you normally make money
but outguessing the conversation rates is pure gambling for most.
I knew one millionaire who converted a 20 million dollars
fortune into $700,000 via the collapse of his schemes and
a divorce. We talk about the upward mobile, but their
are people moving the other way in this world!
ySBtf.754$%[email protected] , "Timothy Kroesen"
<[email protected]> wrote:
> Where ever is that poster who bought 5000 Eu at $1.26-8 several months
> ago and bragged about his 'smart investment'...<g>
Few ever brag about failed investments! Most want to appear
as an investment genius.
We bought our first apartment when the dollar was about 4.8 francs, the
studio at 4.1 when it approached the low (3.89) in the late '70s.
When buying real estate one converts at the going market. Naturally
if you hold real estate long enough you normally make money
but outguessing the conversation rates is pure gambling for most.
I knew one millionaire who converted a 20 million dollars
fortune into $700,000 via the collapse of his schemes and
a divorce. We talk about the upward mobile, but their
are people moving the other way in this world!
Dec 31st 2005, 9:43 pm
#14
Guest
Posts: n/a
Re: Value of Euro
On Sun, 01 Jan 2006 11:23:37 +0100, Earl Evleth <[email protected]>
wrote:
>On 31/12/05 21:29, in article
>ySBtf.754$%[email protected] t, "Timothy Kroesen"
><[email protected]> wrote:
>> Where ever is that poster who bought 5000 Eu at $1.26-8 several months
>> ago and bragged about his 'smart investment'...<g>
>Few ever brag about failed investments! Most want to appear
>as an investment genius.
Mixi does enough of that for everyone.
--
Martin
wrote:
>On 31/12/05 21:29, in article
>ySBtf.754$%[email protected] t, "Timothy Kroesen"
><[email protected]> wrote:
>> Where ever is that poster who bought 5000 Eu at $1.26-8 several months
>> ago and bragged about his 'smart investment'...<g>
>Few ever brag about failed investments! Most want to appear
>as an investment genius.
Mixi does enough of that for everyone.
--
Martin
Dec 31st 2005, 10:55 pm
#15
Guest
Posts: n/a
Re: Value of Euro
"Earl Evleth" <[email protected]> wrote in message
news:BFDD6C39.8CA27%[email protected]...
> I knew one millionaire who converted a 20 million dollars
> fortune into $700,000 via the collapse of his schemes and
> a divorce. We talk about the upward mobile, but their
> are people moving the other way in this world!
If it wasn't for your mention of the divorce I would definitely have
thought that you were referring to Mixi.
JohnT
news:BFDD6C39.8CA27%[email protected]...
> I knew one millionaire who converted a 20 million dollars
> fortune into $700,000 via the collapse of his schemes and
> a divorce. We talk about the upward mobile, but their
> are people moving the other way in this world!
If it wasn't for your mention of the divorce I would definitely have
thought that you were referring to Mixi.
JohnT
