It’s the first time I’ve seen the phrase “2.4 eur to usd” in a headline and that’s because the Euro/Dolar exchange rate is so high right now that it is actually a bit intimidating. I guess I’ve been using phrases like “2.4 eur” too much, and as a result, I’m starting to doubt myself a bit.
Because we just saw the phrase 2.4 eur the other day.
But because it is so high, the 2.4 eur in the headline is actually a bit misleading. The EuroDollar is an exchange rate that measures the relative value of the US Dollar in relation to the Euro. In other words, 2.4 eur is 2.4 USD, but if the EuroDollar is 1.9 USD (or 2.3 EUR), then we would be talking about 1.9, not 1.4, eur.
The Euro is the currency of the European Union. It’s used throughout the entire European Union. Even if you’re in a country that isn’t part of the European Union, you’re still subject to the rules of the EU.
So yes, the EuroDollar is 2.4 USD, but if we are talking about the $1.9 USD that the Euro is worth to the US, then the EuroDollar is worth $1.4 USD. To put it in perspective, the EuroDollar was worth $1.2 USD on Friday (the Friday of the week when the EuroDollar is at its highest). It was worth $1.
The EuroDollar is the currency of the European Union. Its used throughout the entire European Union. Even if youre in a country that isnt part of the European Union, youre still subject to the rules of the EU.So yes, the EuroDollar is 2.4 USD, but if we are talking about the 1.9 USD that the Euro is worth to the US, then the EuroDollar is worth 1.4 USD.
The Euro is still hovering around 1.2 USD right now, but the EuroDollar is now worth 1.4 USD. This is because the Euro has been in a bit of a funk lately. Europe and the EU have made it a point to not take the Euro too seriously, so the Euro is currently overvalued and the EuroDollar is undervalued. This is a long-standing European policy and it’s one that we’ll continue to uphold.
So, as our EuroDollar declines while the Euro is still above 1.2 USD, the Euro will probably go down to 1.1 USD. That would be a big drop from where it is right now, but the Euro is still worth 1.4 USD.
1.4 eur is worth $1.4 million, which for EuroDollars is pretty damn good.
I have some reservations about the fact that there are no EuroDollars here. As you can see, there are no Euro Dollars in my book, so all I’m saying is that EuroDollars is not a good thing. As for the EuroDollars, one other thing I don’t think you need to worry about is the Euro. The EuroDollars are just an idea, so they really shouldn’t be a part of your book.
