By the time I went over in 1986, the mark had bounced back to around 2 to the dollar.
Yep, I had to decide by summer of 85 if I was going to stay another year....with mark blasting away and folks easily buying BMWs. I decided that it couldn’t stay at that level, and it was best to leave. I remember a decade later talking to someone over the period. They were there when it barely 2 to 1, stayed through the 3.4 period, and saw it slide back down to 2. It was a massive introduction to economics.
I was here during the flip to the Euro...and watched my income level slide month after month...coming near .63 to the dollar. A lot of negativity around Americans who’ve sat through an entire decade of this lousy exchange rate while living around Europe.