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...To you all...."Happy New Year"!
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This is from one of my
Facebook "friends"......I've been trying to get together with him to drink a beer, for years, but I had no vehicle! Maybe in 2012.........Peter Hornby is his name, and he has some interesting little factual things....like this:
Happy Birthday Euro ?
The Euro was launched on 1 January 2002, so is 10 years old tomorrow.
Although today it is seen as overvalued by some, and a devaluation is expected, it has gained against the important currencies since it was launched.
EUR:INR**
1-1-2002 : €1=INR43.6749
31-12-2011 : €1=INR69.9494
Euro gain = 60%
EUR:USD
1-1-2002 : €1=US$0.9394
31-12-2011 : €1=US$1.3184
Euro gain = 40%
EUR:GBP
1-1-2002 : €1=£0.6351
31-12-2011 : €1=£0.8451
Euro gain = 33%
EUR:CNY*
1-1-2002 : €1=CNY7.7757
31-12-2011 : €1=CNY8.6218
Euro gain = 11%
EUR:SEK
1-1-2002 : €1=SEK8.8854
31-12-2011 : €1=SEK9.0174
Euro gain = 1.5%
EUR:JPY
1-1-2002 : €1=JPY109.75
31-12-2011 : €1=JPY102.62
Euro loss = 6%
EUR:CHF
1-1-2002 : €1=CHF1.5286
31-12-2011 : €1=CHF1.2276
Euro loss = 20%
*Chinese Yuan
**Indian Rupee