How Much is That in Euros?
December 02, 2009
While gold has been the exciting headline maker in recent days and weeks, the value of the European euro currency has been moving steadily higher.
It popped over the $1.50 mark, where it is easy to make conversions from dollars to euros by doing the math in my head.
I am thinking in euros again as staff here make preparations to go to the World Money Fair in Berlin, the capital of Germany, at the end of January 2010.
Earlier this year when I was doing my expense reports after the 2009 World Money Fair in February, the euro was at almost the same price, give or take a few percent.
It seems weird to think that with all the fluctuation that has occurred since February that we are looking at a price that has hardly moved.
I’m not complaining, mind. I am sure the accounting department won’t complain either if our costs at the 2010 show come in at a similar level to the 2009 show.
If the euro remains about where it is now, there probably won’t be a headline Jan. 1 saying, “Euro ends year where it began.” That would be boring.
Instead, the focus will stay on gold. That’s more fun.
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