The Federal Reserve maintains a Web site that lists the exchange rates between the U.S. dollar and many other currencies. Go to www.newyorkfed.org/markets/foreignex.html. Go to the historical data from 2000 and later and find the euro.
a. What has the percentage change in the euro-dollar exchange rate been between the euro's introduction and now?
b. What has been the annual percentage change in the euro-dollar exchange rate for each year since the euro's introduction?