Tuesday 1 January 2019

Can it get any worse?

One always looks forward with hope having passed over the threshold into a new year. The signs for 2019 do not look great, but it can surely not be worse than 2018.

Incidentally, today is the centenary of J.D. Salinger's birth. It is also the twentieth anniversary of the euro (correct spelling) which was launched at the exchange value of 69p sterling.


1 comment:

Frank Little said...

More on the euro. It replaced the Belgian and Luxmbourg franc (practically the same currency), German Mark, Spanish peseta, Frence franc, Irish punt, Italian lira, Netherlands guilder, Austrian Schilling, Portuguese escudo, Finnish markka and the ill-fated European currency unit at the following rates:

1 EUR = 40.3399 BEF
= 1.95583 DEM
= 166.386 ESP
= 6.55957 FRF
= 0.787564 IEP
= 1936.27 ITL
= 40.3399 LUF
= 2.20371 NLG
= 13.7603 ATS
= 200.482 PTE
= 5.94573 FIM
= 1.0 ECU

After a day's trading (electronic only - physical cash did not start circulating until 2002), one euro was worth 71.1p.