How much did the euro appreciate or depreciate

How much did the euro appreciate or depreciate

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Reference no: EM131511711

If the euro and U.S. dollar traded at 1-to-1 (1 dollar = 1 euro) last year and the euro now costs $0.75, how much did the euro appreciate or depreciate? Be sure to indicate whether the euro appreciated or depreciated.

Reference no: EM131511711

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