The euro-to-dollar exchange rate fluctuated significantly in 2022, reaching its lowest recorded value since 2008 during that time. Figures were different later in the year, however, with a rate of 1.17 USD recorded at the end of June 27, 2025. The average (standardized) measure is based on the calculation of many observations throughout the period in question. It is therefore different from an annual measure at a point, which reflects concrete values as of end of the year. Establishment The euro, which was established in 1992, introduced in non-physical form in 1999 and finally rolled out in 2002, is used by 19 of the 27 member states of the European Union. This group of 19 countries is otherwise known as the eurozone or euro area. By 2018, the total value of euro currency in circulation was almost 1.2 trillion euros, or over 3.4 thousand euros per capita. Euro to USD Between 2001 and 2008, the average annual exchange rate of the euro to the U.S. dollar noted a steep increase. In 2008, the euro to U.S. dollar annual average exchange rate was equal to 1.47, which meant that one euro could buy 1.47 U.S. dollars. By 2019, this value had decreased overall, to a value of 1.12 which meant that one euro could buy 1.12 U.S. dollars. Similar dynamics in the euro to U.S. dollar exchange rate were also reflected in the monthly exchange rate recently.
A graphic that displays the dollar performance against other currencies reveals that economic developments had mixed results on currency exchanges. The third quarter of 2023 marked a period of disinflation in the euro area, while China's projected growth was projected to go up. The United States economy was said to have a relatively strong performance in Q3 2023, although growing capital market interest rate and the resumption of student loan repayments might dampen this growth at the end of 2023. A relatively weak Japanese yen Q3 2023 saw pressure from investors towards Japanese authorities on how they would respond to the situation surrounding the Japanese yen. The USD/JPY rate was close to ***, whereas analysts suspected it should be around ** given the country's purchase power parity. The main reason for this disparity is said to be the differences in central bank interest rates between the United States, the euro area, and Japan. Any future aggressive changes from, especially the U.S. Fed might lower those differences. Financial markets responded somewhat disappoint when Japan did not announce major plans to tackle the situation. Potential rent decreases in 2024 Central bank rates peak in 2023, although it is expected that some of these will decline in early 2024. That said, analysts expect overall policies will remain restrictive. For example, the Bank of England's interest rate remained unchanged at **** percent in Q3 2023. It is believed the United Kingdom's central bank will ease its interest rate in 2024 but less than either the U.S. Fed or the European Central Bank. This should be a positive development for the pound compared to either the euro or the dollar.
One United States dollar was worth over ****** Indonesian rupiah in May 2024, the highest value in a comparison of over 50 different currencies worldwide. All countries and territories shown here are based on the Big Mac Index - a measurement of how much a single Big Mac is worth across different areas in the world. This exchange rate comparison reveals a strong position of the dollar in Asia and Latin America. Note, though, that several of the top currencies shown here do not rank among the most traded. The quarterly U.S. dollar exchange rate against the ten biggest forex currencies only contains the Korean won and the Japanese yen.
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Key information about Romania Tourism Revenue
The U.S. auto industry sold nearly ************* cars in 2024. That year, total car and light truck sales were approximately ************ in the United States. U.S. vehicle sales peaked in 2016 at roughly ************ units. Pandemic impact The COVID-19 pandemic deeply impacted the U.S. automotive market, accelerating the global automotive semiconductor shortage and leading to a drop in demand during the first months of 2020. However, as demand rebounded, new vehicle supply could not keep up with the market. U.S. inventory-to-sales ratio dropped to its lowest point in February 2022, as Russia's war on Ukraine lead to gasoline price hikes. During that same period, inflation also impacted new and used car prices, pricing many U.S. consumers out of a market with increasingly lower car stocks. Focus on fuel economy The U.S. auto industry had one of its worst years in 1982 when customers were beginning to feel the effects of the 1973 oil crisis and the energy crisis of 1979. Since light trucks would often be considered less fuel-efficient, cars accounted for about ** percent of light vehicle sales back then. Thanks to improved fuel economy for light trucks and cheaper gas prices, this picture had completely changed in 2020. That year, prices for Brent oil dropped to just over ** U.S. dollars per barrel. The decline occurred in tandem with lower gasoline prices, which came to about **** U.S. dollars per gallon in 2020 - and cars only accounted for less than one-fourth of light vehicle sales that year. Four years on, prices are dropping again, after being the highest on record since 1990 in 2022.
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Key information about Bulgaria Tourism Revenue
This statistic shows the 10 worst-paid college majors in the United States in 2011, ranked by median earnings per year in the corresponding industry. Counseling and Psychology is the worst-paid major with annual earnings of about 29,000 U.S. dollars in 2011.
In terms of net loss, 2021 was Polestar's worst year, observing losses of about one billion U.S. dollars. This represents a doubling of net loss from the previous year and the next, although on June 24th 2022, Polestar was listed on the Nasdaq in New York. This makes the net loss figures not quite representative of the actual net profit/loss due to direct revenue and costs.
As of the end of their 2022 fiscal year, Polestar has seen a total of nearly 2.5 billion U.S. dollars earned. The electric vehicle company has seen rapid growth over the past few years with their total revenue nearly doubling every year.
Fortnite is a hugely popular battle royale game which pits up to 100 players against each other in a fight to the death. The game is played by amateur and professional players alike, with the top players competing in tournaments across the world. However, despite the record-breaking number of tournaments in 2024, the cumulative prize pool for Fortnite competitions for that year stood at ***** million U.S. dollars, making it one of the worst years in terms of prize money for the game so far.
In 2024, 377 Fortnite eSports tournaments took place worldwide, the highest number ever annually. However, despite the record-breaking number of tournaments that year, the cumulative prize pool for Fortnite competitions in 2024 amounted to only 12.85 million U.S. dollars. This makes it one of the worst years in terms of prize money for the game so far.
Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U.S. dollars, an increase of 2.37 percent compared to the previous year. They also earn over 200 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than 2.50 dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.
The worst years for global insured losses from natural disasters were 2005, 2011, and 2017. In 2021, the worldwide insured losses resulting from natural catastrophes amounted to *** billion U.S. dollars. However, the economic losses from natural disasters continues to exceed insured losses.
In 2023, severe weather in Canada caused insured losses of approximately *** billion Canadian dollars, making it the fourth-worst year for insured losses on record. The wildfire in Alberta in 2016 ranked first, with insured losses almost reaching *********** Canadian dollars.
2001 was the worst year for global insured losses from man-made disasters. The terrorist attack on the World Trade Center in New York on September 11, 2001, which resulted in the deaths of ***** people, is the reason for this. The insurance losses from man-made disasters worldwide amounted to approximately *** billion U.S. dollars in 2021 compared with **** billion U.S. dollars in 2001.
This graph shows average wages around the world in 2012 as calculated by purchasing power parity. In 2012 the highest average wage was earned in Luxembourg at 4,089 purchasing power parity dollars. Wages and salaries Wages and salaries in the United States have increased during the last decades. The median weekly earnings of a full-time wage and salary worker were about 241 U.S. dollars in 1979 and shifted up to 768 U.S. dollars in 2012.
The median earnings of U.S. full-time wage and salary workers vary across their educational attainment. The highest paid workers are those who hold a bachelor’s degree, according to the U.S. Bureau of Labor Statistics.
The U.S. federal government specified minimum wage laws for workers in the United States, which say that workers must be paid no less than the current federal minimum wage. The minimum wage was set at 7.25 U.S. dollars per hour by federal law. The actual minimum wage varies from state to state, as some states have additional minimum wage laws.
For instance, the minimum wage in Washington was around 9.04 U.S. dollars per hour, while the worst minimum wage can be found in Georgia, where workers earn at least 5.15 U.S. dollars per hour. No minimum wages can be found in Tennessee, Alabama, Louisiana, South Carolina and Mississippi, as of January 1, 2012.
The number of workers paid hourly rates with earnings at or below the minimum wage in the U.S. was at its highest in the industry type of leisure and hospitality in 2013.
Recent statistics show that the share of female workers paid hourly rates at or below prevailing federal minimum wage in the United States decreased since 1979. In that year, 20.2 percent of the female wage and salary workers were paid below the federal minimum wage, while only 2.9 percent of the female workers were paid below the federal minimum wage in 2006.
In 2021, the total addressable market (TAM) in the confidential computing industry worldwide was estimated at two billion U.S. dollars in the best case scenario, and this figure is forecast to reach 54 billion U.S. dollars by 2026. In the worst case scenario, it is estimated that confidential computing TAM will reach two billion U.S. dollars in 2021 and grow to 12 billion U.S. dollars by 2026.
According to a 2020 forecast, in the best-case scenario, the travel market in Latin America could have a sustained year-on-year growth and reach a value of 83 billion U.S. dollars by 2024. In contrast, the worst-case scenario sees this Latin American market dipping below baseline levels. By 2024, the projected value could stand at 56 Billion U.S. dollars under those conditions.
The statistic shows the GDP of the United Kingdom between 1987 and 2024, with projections up until 2030, in US dollars.Private-sector-led economic recoveryGDP is counted among the primary indicators that are used to gauge the state of health of a national economy. GDP is the total value of all completed goods and services that have been produced within a country in a given period of time, usually a year. GDP figures allow us to gain a broader understanding of a country’s economy in a clear way. Real GDP, in a similar way, is also a rather useful indicator; this is a measurement that takes prices changes (inflation and deflation) into account, thereby acting as a key indicator for economic growth.The gross domestic product of the United Kingdom is beginning to show signs of recovery since seeing a sharp decline in the wake of the financial crisis. The decreasing unemployment rate in the United Kingdom is also indicating that the worst could be over for the country. However, some concerns have arisen about what forms of employment are being represented, how stable the jobs are, and whether or not they are simply being cited by officials in government as validation for reforms that are criticized by opponents as being ‘ideologically motivated’. Whatever the political motivation, the coalition government’s efforts to let the private sector lead the economic recovery through increasing employment in the UK in the private sector appear, for now at least, to be working.
As of January 2025, the four biggest movie flops of all time were Disney productions. "Turning Red" (2022), "Jungle Cruise" (2021), "Mars Needs Moms" (2011), and "Mulan" (2020) recorded losses of more than *** million U.S. dollars at the global box office. Film releases and bad timing Out of the ** movies listed, ***** were released in or after March 2020, a month remembered for the worldwide outbreak of COVID-19. These films went big with the budget but went literally home as streaming became a safer bet for movie premieres amidst the pandemic. The coronavirus impacted movie ticket sales worldwide. In 2021, the box office revenue in the United States and Canada amounted to less than ** percent of the value reported in 2019, before the outbreak. The largest cinema market on the planet seems to have experienced a swifter recovery. China saw its box office revenue add up to **** billion yuan in 2021, or almost ** percent of the 2019 figure. Can Disney afford flopping at the box office? Although the media Leviathan had also struggled during the core months of the COVID-19 outbreak, the Walt Disney Company's revenue started to bounce back and continues to amount to dozens of billions of dollars. In the meantime, the corporation invested even more in publicizing its new releases. Disney's advertising spending stood at *** billion dollars in 2021 – a value almost *** times higher than the ad expense recorded in 2019. The expansion indicates that the company could manage eventual failures at the box office while profiting from its blockbusters and non-film-related divisions.
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The euro-to-dollar exchange rate fluctuated significantly in 2022, reaching its lowest recorded value since 2008 during that time. Figures were different later in the year, however, with a rate of 1.17 USD recorded at the end of June 27, 2025. The average (standardized) measure is based on the calculation of many observations throughout the period in question. It is therefore different from an annual measure at a point, which reflects concrete values as of end of the year. Establishment The euro, which was established in 1992, introduced in non-physical form in 1999 and finally rolled out in 2002, is used by 19 of the 27 member states of the European Union. This group of 19 countries is otherwise known as the eurozone or euro area. By 2018, the total value of euro currency in circulation was almost 1.2 trillion euros, or over 3.4 thousand euros per capita. Euro to USD Between 2001 and 2008, the average annual exchange rate of the euro to the U.S. dollar noted a steep increase. In 2008, the euro to U.S. dollar annual average exchange rate was equal to 1.47, which meant that one euro could buy 1.47 U.S. dollars. By 2019, this value had decreased overall, to a value of 1.12 which meant that one euro could buy 1.12 U.S. dollars. Similar dynamics in the euro to U.S. dollar exchange rate were also reflected in the monthly exchange rate recently.