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Euro value

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Let me ask you all what I should do.

In 2002, I sent $10,000. to my overseas account and had it converted to Euros. Let's say I did this in May of that year.

What was the Euro value at that point of conversion?

What is the Euro value today?

Should I keep the money in Euros or convert it back to US $? (what is the dollar value today?)

What if I hope to use the money as a partial down payment on a property in France?

What if I just want to dip into it to provide "walking around money" as I travel in Europe?

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Solution Summary

Euro value is discussed in great detail in this solution. The euro value at the point of conversion is examined. The value of euro is determined.

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Let me ask you all what I should do.

In 2002, I sent $10,000. to my overseas account and had it converted to Euros. Let's say I did this in May of that year.

What was the Euro value at that point of conversion? 1euro was 0.87$ (conversion rate0
The Euro value at that point of conversion was Euro 11494.25
What is the Euro value today?
Today the Euro value ...

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