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And it turns out that the reason a Euro is roughly a dollar is because it's the successor to the ECU, which was the successor to something called the European U
by madcaptenor 4y ago
And it turns out that the reason a Euro is roughly a dollar is because it's the successor to the ECU, which was the successor to something called the European Unit of Account, which was originally defined to be a dollar's worth of gold. (I figured this out when I went down a Wikipedia rabbit hole last month: https://gottwurfelt.com/2022/07/16/why-is-a-euro-close-to-a-dollar/ https://gottwurfelt.com/2022/07/16/why-is-a-euro-close-to-a-...