If the Euro had remained within a 1.0 and 1.2 USD range in the last 10 years, ...

If the Euro had remained within a 1.0 and 1.2 USD range in the last 10 years, what would the situation in the Eurozone today be?
(food for thought, contact me to discuss)

PS. It was supposed to be a Euro not a EuroDM (see eg inflation policy)