Source : Business Insider
In retrospect, this is quite the turnaround.
In a note out today, Morgan Stanley FX analysts Ian Stannard and Evan Brown chart the round-trip value of the euro against the dollar all year.
From a dip below $1.30 last January, just after Estonia joined the currency union, to nearly $1.50 after Standard & Poor's placed the U.S. credit rating on negative outlook, and then all the way back down to $1.29 after the December EU summit, 2011 has been a wild ride for the currency—not to mention the eurozone as a whole.
The euro is currently trading flat on the day, at $1.3055.
Here is everything that happened this year, and how it affected the euro/dollar trade:
eur/usd 2011 chart