• Viking_Hippie@lemmy.dbzer0.comOP
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          2 days ago

          I know lol. Now that we’re being literal and earnest, though, I’m gonna guess that the commenter in the OP was confused by the (very) slight visual similarity between the euro sign € and the American cent sign ¢ 🤷🏻

        • arrow74@lemmy.zip
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          1 day ago

          You gotta look at the better numbers. It was nearly equal until mid-January 2025. Then it dropped rapidly. Wonder what happened?

          • Fushuan [he/him]@lemmy.blahaj.zone
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            1 day ago

            What do you mean by “at the better numbers”? The ones I linked are the historical international exchange rates. It’s the Google preview (not the AI Overview) but I can find a source from a webpage if you prefer, the numbers won’t change.

            It’s almost never been “nearly equal”. Unless 1 EUR = 1.15 USD is nearly equal for you, in which case the data I linked is correct so again which numbers are you talking about?

            • arrow74@lemmy.zip
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              1 day ago

              I think you really took my comment very negatively. That was not my intention

              It rose to 1 usd = .97 euro in January of 2025. Then it began a sharp decline immediately after Trump took office. I pulled my data here

              https://www.investing.com/currencies/usd-eur-historical-data

              Google’s overview is similar, but for the same time period if you convert Euro to USD you get the same ratios you posted. Currency markets are weird.

              But as an American currently living in the EU the difference between pre-Trump to now I get significantly less when converting USD to Euro. A few cents doesn’t seem like much but when you transfer enough you feel it.

              Anyway, I wasn’t trying to call your data bad. My goal was to insult Trump.

              • Fushuan [he/him]@lemmy.blahaj.zone
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                1 day ago

                Well, I was talking about the value of the euro, you were talking about the value of the USD (basically, inverse values), that’s why your “sharp decline” made no sense to me on the context of the image I linked.

                In any case, if you see the graph, it’s not really a plunge/increase from a plain, but more of a valley/mountain situation. The value of the dollar rose from the election, I guess from expectation or whatever, but then rapidly went back to its usually values after the pig took office.

                It might be somewhat lower than before though as you said, I’ve not checked the ±0.05 ratios (not trying to be condescending btw, you are right, those cents matter. I wish I had a 4% raise lol).

              • Aatube@lemmy.dbzer0.com
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                22 hours ago

                the link you gave looks more like march. i vaguely remember from uni economics that depreciation can be caused by decreased exports because less people now need to buy your currency which is needed to buy your export, thus demand falls and the euro’s price in dollars falls (though usually it’s depreciation that happens first causing increased exports since it’s cheaper to buy your export now). march 2025 sounds like when trump announced a ton of tariffs