No. It’s been a wild ride over the years, with the euro as strong as 1.40 before the financial meltdown to 1.04 in 2015. Brokers and currency exchange stores will still inflate the figure for a profit. Amazon still pegs it higher for local online purchases. Markups are all around.
Nothing suggests massive changes in the (official) 1.20 to 1.25+ range, which has been steady (give or take) since 2017.