General   (General discussion, talk about anything.)

At the start of the € the DM was valued at 1€ = DM 1.96. At the time Sterling was trading at £1 = €1.40.
The equivalent DM £ rate was £1 = DM 2.74.
Some 22 years later the weaker Eurozone economies have ‘devalued’ the currency relative to the DM to Germany’s export pricing advantage.
Today £1 = €1.17 which would be DM 2.29 = £1
It’s the same for the US dollar which is why past US Presidents have complained about German cars having an unfair price advantage from the Euro.