$1=1 Euro: For the first time in the last 20 years, Euro has dropped too low that it has equalized with 1 dollar.

Reason: Euro has declined almost 12% due to the invasion of Russia over Ukraine. Russia has also cut off all its fuel supply to the union. Asa result, Europe is facing steep energy and economic crisis.

Latest Decline: On Wednesday, Euro declined by 0.4% to $0.9998.