On Wed, 19 May 2010 11:19:51 -0400, pltrgyst
wrote:

On Tue, 18 May 2010 20:59:07 -0700, Hatunen wrote:

According to Oanda.com today, the Euro was within 4 cents of its
starting value on 1/4/99, relative to the US dollar.

Then you should start using better sources. The Euro started at $0.85
it's still $ 1.22 now.

Uh, no. On 4 Jan 1999 it took about $1.18 to buy a euro.

But the bills and coins didn't appear in circulation for us ordinary
mortals until 1 Jan 2002, at which time the rate was ~ $0.90 for a euro.

(...and we couldn't get our car out of the garage in Strasbourg because
the payment machines hadn't been converted yet!)

But the claim being addressed here is: "According to Oanda.com
today, the Euro was within 4 cents of its starting value on
1/4/99, relative to the US dollar."

It sank rather precipitously not much after. I remember getting
euros for $0.86 or so.




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