Which is worth more Euros or American dollars? And how much more?

Question

I'm in Washington right now but August 7th me, my husband and our daughter are going to Vilseck, Germany. And I was just curious.

Answer 1

1 Euro is worth $1.25 today, 6/24/06. So for every 10 Euros you trade in, you get $12.50.

Answer 2

The american dollar is worth as much as the backing it has. And it's backed up by... nothing. Since the USA abandoned the gold standard, the dollar has been falling. It's used by governments to regulate their budget needs. Since each dollar doesn't require to have an equivalent amount of tangible asset to back it up, there's no limit to the amount of bills that can be printed. It's not only the USA, almost all countries have now fiat currency. The reason why the dollar is still worth something is the market. Today, the dollar is the most accepted money all around the world. It means that you can exchange a dollar for goods even in remote places like the Bolivian high forest (true story, I bought a Coke and they didn't accept the bolivian currency (I guess they knew we had dollars...)). That increases the value of the dollar because it's wanted in the market because you can trade with it. But if everyone outside the USA exchange the dollars for something else, its value it's going to drop dramatically. That's part of the debate about the currency used to trade oil. The producers want to change to a more steady currency (the Euro... won't last much anyway) and the USA doesn't because that would create a huge migration of capitals from dollars to Euro, decreasing its value. Check this site and look for the article about money (episode 15). Check them all out, they're worth every second.

Answer 3

Use www.xe.com The exchange rate changes minute to minute, literally, and the site will automatically update to reflect those changes. I'm going to Germany in about 11 days, so I've been checking the site daily to see how good of a deal I will get. At this very moment, though, one USD (United States Dollar) is equal to 0.799 EUR (Euro cents). The trend is that the USD has been growing stronger this summer, after dipping very low in the winter, so it's possible it might be 85 cents per dollar when you get there in August.

Answer 4

Euro is worth more alot more than the american dollar. Euro today is at 1.41 to buy.

Answer 5

It changes daily but currently the Euro is stronger.

Answer 6

euro, the exchange rate changes. but i have to tell you that evry bank you go and change money at also has a fee...so when i exchanged 50 bucks, they also held their 5 euro comission (thats at 1822 bank). i couldnt tell you if the fee depends on the amount of cash you exchange. but i'd suggest you exchange the cash b4 u go.

Answer 7

Just before you leave, check Oanda http://www.oanda.com/convert/classic for the current conversion rate, which is constantly changing.

You can also print out a Cheat Sheet http://www.oanda.com/convert/cheatsheet to use as a guideline while you're away.

Answer 8

Euros by about one and a half.

Answer 9

one euro is approximately 1.3O dollars.
so euros is is worth more than american dollars

Answer 10

1 euro is like 1.3 dollars but i'm not really sure