As the dollar price of a euro falls quizlet
Solved: In February 2002, The Euro/dollar Exchange Rate Wa ... In February 2002, the euro/dollar exchange rate was 1.20, and in May 2002, the euro/dollar exchange rate was 1.10. What happened to the exchange rate during this period? Euro appreciated against the dollar. Euro depreciated against the dollar. Dollar appreciated against the euro. Both B and C.