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建立人际资源圈Euro_Stability_Over_A_Given_Period
2013-11-13 来源: 类别: 更多范文
Euro Stability Over A Given Period
I have included a report on the current and historical fluctuations of the euro in todays economy. I feel that it is important to know this information because of our involvement with European distributors. I wanted to find out if the historical information on the euro is economically relevant or whether it is just an artifact of historical accounting. The following are my findings on the subject.
This number is not economically relevant for many reasons. All currencies are going to fluctuate over time and change their value when compared to other currencies that are also fluctuating. It becomes an artifact of currency accounting because it is no longer relevant to todays market value of those currencies. The relevancy of a historical number in todays dollar value or even in financial decisions is fairly small and unimportant. It can be used to try and determine where the euro may go in the future, which can aid in financial investing decisions but other than that it can only be seen as a part of history. This makes it an artifact of currency accounting.
The fact that the euro depreciated 12.6 percent
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