Based in the United States, your firm trades extensively in European countries that have adopted the euro.

Question:

Based in the United States, your firm trades extensively in European countries that have adopted the euro. You have been asked to evaluate the impact of currency fluctuations on sales in this region over the past month. The first step in this process is to develop an table for daily exchange rates over the past month between the U.S. dollar and the euro. Once this has been accomplished, what general trends do you notice? How could these trends impact your firm's sales in countries that use the euro?
Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...