The U.S. dollar has plunged 20 percent against the euro since the beginning of last year to hit an all-time low last week and is down about 4 percent since the beginning of September. It’s taken similar big dips against other currencies, making U.S. goods cheaper to export.
Consider Broward Marine’s $17.8 million yacht: Earlier this year, it cost about 13.5 million euros. Now, it goes for about 12.5 million euros.