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  2. International status and usage of the euro - Wikipedia

    en.wikipedia.org/wiki/International_status_and...

    Currencies pegged to the U.S. dollar within narrow band. The international status and usage of the euro has grown since its launch in 1999. When the euro formally replaced 12 currencies on 1 January 2002, it inherited their use in territories such as Montenegro and replaced minor currencies tied to pre-euro currencies, such as in Monaco.

  3. Dollar holds gains on reassuring data, euro slips

    www.aol.com/news/dollar-soft-ebbing-us-inflation...

    The dollar held gains against the euro on Thursday, pulling the European common currency back from a seven-month peak, after U.S. economic data eased fears of a recession risk and dampened ...

  4. Euro - Wikipedia

    en.wikipedia.org/wiki/Euro

    Euro. The euro (symbol: €; currency code: EUR) is the official currency of 20 of the 27 member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 euro cents. [6][7]

  5. U.S. Dollar Index - Wikipedia

    en.wikipedia.org/wiki/U.S._Dollar_Index

    The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, [1] often referred to as a basket of U.S. trade partners' currencies. [2] The Index goes up when the U.S. dollar gains "strength" (value) when compared to other currencies.

  6. History of the euro - Wikipedia

    en.wikipedia.org/wiki/History_of_the_euro

    As its values increased against the pound sterling in the late-2000s, peaking at 97.73p on 31 December 2008, its international usage grew rapidly. [36] The euro grew in importance steadily, with its share of foreign exchange reserves rising from nearly 18% in 1999 to 25% in 2003—while the dollar share fell by an equivalent margin. [37]

  7. Currency pair - Wikipedia

    en.wikipedia.org/wiki/Currency_pair

    A widely traded currency pair is the relation of the euro against the US dollar, designated as EUR / USD. The quotation EUR/USD 1.2500 means that one euro is exchanged for 1.2500 US dollars. Here, EUR is the base currency and USD is the quote currency (counter currency). This means that 1 Euro can be exchangeable to 1.25 US Dollars.

  8. Euro Currency Index - Wikipedia

    en.wikipedia.org/wiki/Euro_Currency_Index

    The Euro Currency Index (EUR_I) represents the arithmetic ratio of four major currencies against the Euro: the American dollar, British sterling, the Japanese yen and the Swiss franc. All ratios are expressed in units of currency per Euro. The index was launched in 2004 by the exchange portal Stooq.com. Underlying are 100 points on 4 January ...

  9. European Exchange Rate Mechanism - Wikipedia

    en.wikipedia.org/wiki/European_Exchange_Rate...

    The European Exchange Rate Mechanism (ERM II) is a system introduced by the European Economic Community on 1 January 1999 alongside the introduction of a single currency, the euro (replacing ERM 1 and the euro's predecessor, the ECU) as part of the European Monetary System (EMS), to reduce exchange rate variability and achieve monetary stability in Europe.

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