is the euro more valuable than the us dollar
For quite some time Europeâs fiat currency, the Euro, has been worth far more than the U.S. dollar, something that many have pointed to as âproofâ that Europe is better than the USA. But now, the currency âover thereâ has fallen almost to parity with the dollar.ate Friday in New York, the euro fell 1.4% against the dollar, to $1.1206, on top of a 2.1% slide the day before. It is now down 7.4% against the dollar since the turn of the year and is at its lowest point in more than 11 years.
Confidence votes 71.6K. Since the early 1990s the euro has had a higher exchange value than the US dollar; that is, one euro exchanges for more than one dollar on the international currency market.You can find the exact exchange rate by checking the business section of a newspaper or going to sites such as www.xe.com, CNNMoney.com, etc.mec3usa] As of the first week of May, 1 Euro worths more than 1 US Dollar. The exchange rate is 1 euro to 1.4335 US dollars, to be specific.