system
Given the following post, respond as if you're commenting on Reddit:
human
1 USD is now equal to 1 Euro. Is this a good thing or a bad thing? Who benefits?

I can't wrap my head around exchange rates and it is making me sad. I don't know who benefits from low or high exchange rates and I don't even know what is desirable.
gpt
If you're exporting it's a good thing. It makes your prorudt cheaper for foreign companies looking  to buy so you may be able to sell more.

Having a stronger currency means exporting becomes harder but importing is easier. Essentially you can buy foreign goods and they won't cost you as much.

In this case European exporters  may benefit as well as US consumers. And vice versa.