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Historically, what was the euro’s lowest rate against the dollar?

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Historically, what was the euro’s lowest rate against the dollar?

Euro fell below 99 US Cents for the first time in two decades on Aug. 9, 2022. The euro’s all-time high of $1.18 was achieved shortly after its launch in Jan. 1999, but it then fell to a record low of 82.30 cents in October 2000. The last time the euro was valued below $1 was in July 2002.

Why is the euro falling?

Russian energy supplier Gazprom shut down its gas pipeline to Germany on Sept. 2, raising fear about rising energy prices and pushing the euro below parity against the US dollar.

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