While all countries (including the turkeys in Turkey) are clammouring to join the EU and use the Euro (EUR), England, or the United Kingdom if I want to be proper, while joined in the EU, is staying away from using the Euro as it’s formal currency. I first thought it was odd, but if you look at this:
$1 will buy you only .61 GBP – Pound Sterling
$1 will buy you only .71 EUR – Euro
or maybe I should say
1 GBP will buy you about $1.64 US Dollars
while
1 Euro will buy you only about $1.41 US Dollars
No wonder the British didn’t want to switch to the Euro, their currency is stronger.
Isn’t that interesting? I thought it was.