The exchange rate oscillates, it used to be 1 euro bought you 1.5 dollars years ago but it has been on a downwards trajectory since the Euro crisis. According t

The exchange rate oscillates, it used to be 1 euro bought you 1.5 dollars years ago but it has been on a downwards trajectory since the Euro crisis. According to some analyses I read eventually euro should reach parity with dollar if you give it enough time (so another decade later it might be 1:1).