American Tourists Happy the Euro is Equal to Dollar for First Time in 20 Years

For the first time in 20 years, the American dollar and the Euro are equal currencies. This parity comes as many Americans are traveling abroad for the first time since the COVID-19 pandemic began. The Euro, which is legal tender for 19 European countries, has dropped more than 11% in value since the start of 2022, when one Euro equaled about $1.13. This is a huge difference from 2008 when the Euro hit an all-time high. Back then, it took $1.60 in US currency to equal one Euro.