Dollar hits record lows against euro and British pound sterling

The U.S. dollar is in its fifth straight year of decline vs. some major world currencies, and is hitting near-record lows against the euro and the British pound sterling.

The pound was trading at $2.01 on April 18, its highest level since 1981, with the euro just shy of $1.36, nearing its December 2004 record of almost $1.37. Canadas loonie was trading at 88 cents.

While a weak greenback is good news for U.S. exporters, its not great news for business travelers or people who are considering a European vacation.

However, the dollar has regained half the value it has lost against Japans yen since 2002 and remains somewhat steadier against Mexicos peso.


From Our Partners

2020 Elite Island Webinar
More Family Fun in St. Lucia @ St. James’s Club Morgan Bay
Register Now
Capitalizing on a Peak Year for Alaska Cruising
Read More
2020 Expo 2020 Feb
The World’s Greatest Show - EXPO 2020, DUBAI & ABU DHABI
Register Now

JDS Travel News JDS Viewpoints JDS Africa/MI