EUR was unusually strong from 2004 to 2015. Since then, it has almost always been between $1.07 and $1.20, which I would consider the normal range.
It's why you see Lagarde calling for a reserve EUR; it's the only way to export EUR at this point. But that's a topic for another time.
Yes; this is a short term perspective. Europe is functionally an export market and these currency fluctuations hurt badly. For example, Mercedes-Benz had a consolidated profit margin in '22 of around 9%. These swings do either force loss of jobs (bad) or require a devaluation of the currency.4
The value of money is inherently unpredictable. The exchange rate between EUR and USD has never been stable longer than about 1.5 years. Something unexpected always happens, and then the rate goes up or down by 10% or even more. You either tolerate that or try protecting yourself with various financial instruments.
That's why a strong euro is a porblem