In what year did the euro reach its highest value- during, Finance Basics

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In what year did the euro reach its highest value- during

Go to www.stlouisfed.org/fred2/ and under Categories select "Exchange Rates."

Select "monthly rates" and graph the euro, the yen, and the Canadian dollar against the U.S. dollar for the years 2001-2010. Answer the following questions on the basis of your graphs.

a. In what year did the euro reach its highest value?

b. During the financial crisis of 2007-2009, did the euro appreciate or depreciate against the dollar?

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