On 29 September 2021, the EUR/USD rate was 1.1680. Exactly a year later it’s broken that critical parity level and has reached 0.9655. For an American, or an investor using USD to fund a purchase, buying a €500,000 property in France today is costing them over $100,000 LESS than this time a year ago, purely on the exchange rate differential alone. French property is therefore 17.3%
↧