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Originally Posted by The Ghost
That's actually more like a 45% difference. A .39 cent increase from .88 cents to $1.27 is 45% of .88 cents. I've seen shifts of 12% in the exchange rate within the last 6 months abroad. . Regardless, it sucks ass when you're dealing in US currency, but there's not much to be done about it this second. Just hold on for the ride.  |
Yea.. I really need to grab a few more calculators
Every one is kinda screwed here now.
The plus side is it is an excellent time for buying up stuff at dollar values - good stuff, like real estate etc. Got a good few people dumping money (GBP and Euros) into property investments which are expressed in dollar values. Basically means a UK person is buying an eg.. 4 bedroom home/pool/blah in a few acres of grounds for 150K GBP - basically stuff that would cost $1.4 - $1.8 mill in the UK. (Only difference is the climate is better)
But sure.. on net stuff it's pretty much messed, but that will change.