Dollar exchange rate in the toilet

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  • McSpike
    Confirmed User
    • May 2001
    • 1042

    #1

    Dollar exchange rate in the toilet

    I mean WTF! Exchange rate $/? is 0.94! While euro (?) is firm, dollar ($) is losing its value every day.

    The exchange rate $/? used to be 1.0 (and better) and even then we were worried/pissed. Now it's way below 1.0.

    I fear what might happen, if US do attack Iraq but then again maybe nothing huge would happen as dollar is losing its value already since begining of the summer of 2001. That summer the exchange rate was 1.15!

    Dollar, wake up! Wake up god damn it!

    -- McSpike --
  • stocktrader23
    Let's do some business.
    • Jan 2003
    • 18781

    #2
    You can hedge your income by getting an oposite position on foreign exchange.


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    Comment

    • Theo
      HAL 9000
      • May 2001
      • 34515

      #3
      i feel you

      Comment

      • High Quality
        Confirmed User
        • Feb 2002
        • 5741

        #4
        so put your money in euro moron.

        Get a clue.

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        Comment

        • McSpike
          Confirmed User
          • May 2001
          • 1042

          #5
          You moron! All my money is in euros, but all the people I work with pay me in dollars!

          Every month when I go to the bank I'd like to smack the teller for giving me less euros for the same amount of dollars.

          I believe every non-US webmasters feels the same.

          -- McSpike --

          Comment

          • jojojo
            Too lazy to set a custom title
            • Mar 2002
            • 2318

            #6
            Um, actually we Canadian webmasters aren't effected - in fact we get too much ($1.53) for every $1 US

            If you need financial advice ask Argentina ;)

            jk

            I feel sorry for you Europeans
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            Comment

            • BJ
              Confirmed User
              • Mar 2002
              • 5590

              #7
              my dad is dying......please paypal at your convenience

              Comment

              • the real magoo
                So Fucking Banned
                • Sep 2001
                • 1637

                #8
                Read this
                http://onno.hovers.net/market/preview2003.html

                Comment

                • quiet
                  we'll miss you our friend. RIP
                  • Sep 2001
                  • 25115

                  #9
                  we'll miss you our friend. RIP

                  Comment

                  • juicybucks
                    Confirmed User
                    • Oct 2002
                    • 1235

                    #10
                    Originally posted by jojojo
                    Um, actually we Canadian webmasters aren't effected - in fact we get too much ($1.53) for every $1 US

                    If you need financial advice ask Argentina ;)

                    jk

                    I feel sorry for you Europeans
                    yep, and with the aussie banana dollar we go pretty well too !
                    I can't find a pub around here that will take a USD or pound ... phew !

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                    • FATPad
                      Confirmed User
                      • Oct 2001
                      • 6693

                      #11
                      And people wonder why Americans think they're the center of the universe.
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                      Comment

                      • DjSap
                        Confirmed User
                        • Jul 2002
                        • 3869

                        #12
                        Yeah the dollar has lost like 20% of the value against the swedish krona in the last year. Can't bush go to war and secure the oil so that the dollar can rise again.
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                        Comment

                        • jeroman
                          So Fucking Banned
                          • Oct 2002
                          • 356

                          #13
                          Originally posted by McSpike
                          I believe every non-US webmasters feels the same.

                          -- McSpike --
                          Yepp, counting a year back it's like getting $2000 less per month.The dollar will lose even more and the Euro will be
                          the new world currency. Eu will be the new world leader when
                          it comes to a super power as well.

                          We are only a few years from getting a president, merge defense & military forces. With the nukes from France and England and the prower of the army from Germany and Italy and then special
                          forces from smaller countires we will have the biggest force ever.

                          Is this a good thing ?

                          Yes, probably - we are not so much "go fuck yourself" if you dont have money and we actually feel that human rights is worth fighting for and that everyone is worth just as much.

                          Comment

                          • BigFrog
                            Confirmed User
                            • Sep 2002
                            • 2057

                            #14
                            Originally posted by jeroman


                            Yepp, counting a year back it's like getting $2000 less per month.The dollar will lose even more and the Euro will be
                            the new world currency. Eu will be the new world leader when
                            it comes to a super power as well.

                            We are only a few years from getting a president, merge defense & military forces. With the nukes from France and England and the prower of the army from Germany and Italy and then special
                            forces from smaller countires we will have the biggest force ever.

                            Is this a good thing ?

                            Yes, probably - we are not so much "go fuck yourself" if you dont have money and we actually feel that human rights is worth fighting for and that everyone is worth just as much.
                            just because our president is a fuckhead, doesnt mean we all are

                            Comment

                            • evildick

                              #15
                              I'm leaving all my US money in my US account until it goes back up (unless I really need it). Just a little while ago I was getting about 1.57 Canadian or more for every US buck.

                              Comment

                              • Dirty F
                                Too lazy to set a custom title
                                • Jul 2001
                                • 59204

                                #16
                                2 years ago there were times where i got 2500 guilders for 1000 US dollars. Now i get a shitty 950 euro's.

                                I dunno about other countries but in Holland everybody raised their prices since the intoduction of the euro. So i really feel like i lost half my income thanks to that fucking coin.

                                Comment

                                • Dax
                                  Confirmed User
                                  • Apr 2002
                                  • 3161

                                  #17
                                  Most of my income is in Euros.. So it works to my advantage...

                                  Comment

                                  • McSpike
                                    Confirmed User
                                    • May 2001
                                    • 1042

                                    #18
                                    quiet,
                                    hahaha... hit the nail on the head.

                                    BigFrog,
                                    true, your president doesn't have all the wheels in his head...

                                    canadians,
                                    just because you get more canadian dollars does that make your currency worth more? haha... get real... You are in the same shit... I get 216 slovenian tolars for 1 dollar now. In the summer of '01 I got 256 tolars...

                                    -- McSpike --

                                    Comment

                                    • the real magoo
                                      So Fucking Banned
                                      • Sep 2001
                                      • 1637

                                      #19
                                      Are there any adult sponsor companies that pay i Euros?
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                                      Comment

                                      • McSpike
                                        Confirmed User
                                        • May 2001
                                        • 1042

                                        #20
                                        in the toilet even more.

                                        this is the sad chart http://finance.yahoo.com/m5?s=USD&t=EUR&a=1&c=2.

                                        Man why this moron president wants a war more than getting their country's economy straight? Fighting with fire crackers armed Iraq is more important than your own people starving? Like father like son.

                                        I still remember when people went crazy about electing this moron 2 years back. "Oh we are doomed, oh he's gonna clean out the dirt off the net, oh my..." Now he's about to clean out your pockets without even spitting towards the net. How about that.

                                        -- McSpike --

                                        Comment

                                        • ZoiNk
                                          Confirmed User
                                          • Feb 2002
                                          • 2370

                                          #21
                                          Originally posted by jojojo
                                          Um, actually we Canadian webmasters aren't effected - in fact we get too much ($1.53) for every $1 US

                                          If you need financial advice ask Argentina ;)

                                          jk

                                          I feel sorry for you Europeans
                                          When was the last time you cashed a cheque? It is down to 1.5060 yesterday when I cashed a cheque. 1.53... that is at least a month ago, probably 3+ It has been slipping a lot lately. Feels like the rates I used to get 2-3 years ago.
                                          ZoiNk
                                          "People can have the Model T in any color - so long as it's black." - Henry Ford

                                          Comment

                                          • freeones
                                            Confirmed User
                                            • Jul 2001
                                            • 3406

                                            #22
                                            Originally posted by Battuss
                                            2 years ago there were times where i got 2500 guilders for 1000 US dollars. Now i get a shitty 950 euro's.

                                            I dunno about other countries but in Holland everybody raised their prices since the intoduction of the euro. So i really feel like i lost half my income thanks to that fucking coin.
                                            And today it's election day. If the left parties win, the half of your half income will be waved again ! WHAT A SHIT !!

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                                            • Manga1
                                              Confirmed User
                                              • Oct 2001
                                              • 952

                                              #23
                                              Originally posted by ZoiNk


                                              When was the last time you cashed a cheque? It is down to 1.5060 yesterday when I cashed a cheque. 1.53... that is at least a month ago, probably 3+ It has been slipping a lot lately. Feels like the rates I used to get 2-3 years ago.
                                              ZoiNk
                                              Yes exactly. I've been waiting and waiting for a better rate to convert to Canadian but it just won't happen. Instead I keep getting worse rates every day. Finally today I said fuck it and transferred some US to Canadian. This really sucks. Whatever happened to the good old weak loonie?

                                              Comment

                                              • McSpike
                                                Confirmed User
                                                • May 2001
                                                • 1042

                                                #24
                                                Originally posted by Manga1


                                                Yes exactly. I've been waiting and waiting for a better rate to convert to Canadian but it just won't happen. Instead I keep getting worse rates every day. Finally today I said fuck it and transferred some US to Canadian. This really sucks. Whatever happened to the good old weak loonie?
                                                Yes exactly. I transfer everything to euros as soon a I get the checks. Just that every check is worth less

                                                -- McSpike --

                                                Comment

                                                • sacX
                                                  Confirmed User
                                                  • Dec 2002
                                                  • 2998

                                                  #25
                                                  yeah you think the US stockmarkets have done bad.. but when you factor in the additional depreciation of the currency it's just a nightmare..
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                                                  Comment

                                                  • mpegposter
                                                    Confirmed User
                                                    • Dec 2002
                                                    • 483

                                                    #26
                                                    But the US insists we're stronger than Europe economically!

                                                    Woops.
                                                    The voice of the Moral Minority.

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                                                    • FlyingIguana
                                                      aspiring banker
                                                      • Mar 2002
                                                      • 10870

                                                      #27
                                                      Originally posted by jojojo
                                                      Um, actually we Canadian webmasters aren't effected - in fact we get too much ($1.53) for every $1 US

                                                      If you need financial advice ask Argentina ;)

                                                      jk

                                                      I feel sorry for you Europeans
                                                      on that note, paypal fucking rapes me on exchange rates. banks giving 1.55 and paypal 1.5

                                                      paypal

                                                      Comment

                                                      • dopeincorporated
                                                        Registered User
                                                        • Jan 2003
                                                        • 23

                                                        #28
                                                        Speaking of good 'ol Guilders, who's going to the Adult Online Europe convention in Amsterdam at the end of April? I wish they still had Guilders. I went there two years ago and got my dollars worth. Did the Dutch keep their prices comparable or raise them? any input? It would be very helpful. Thanks

                                                        Comment

                                                        • freeones
                                                          Confirmed User
                                                          • Jul 2001
                                                          • 3406

                                                          #29
                                                          Originally posted by dopeincorporated
                                                          Speaking of good 'ol Guilders, who's going to the Adult Online Europe convention in Amsterdam at the end of April? I wish they still had Guilders. I went there two years ago and got my dollars worth. Did the Dutch keep their prices comparable or raise them? any input? It would be very helpful. Thanks
                                                          If you first could buy 2 beers from your dollars, you even can't buy one yet. Now you have to do it with a half beer !! You can better stay away. Go to Argentina or Indonesia for a cheap holiday

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                                                          • Praguer
                                                            Confirmed User
                                                            • Dec 2002
                                                            • 991

                                                            #30
                                                            Exchange rate one year and half ago:

                                                            38 Czech crowns for 1 Dollar

                                                            Exchange rate today:

                                                            29 Czech crowns for 1 dollar

                                                            The dollar devaluated more than 30% in a year and half. Pretty bad for all people collecting money in US dlls.

                                                            We quote in Euros or Czech Crowns now.

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                                                            • xxxcam
                                                              Confirmed User
                                                              • Feb 2002
                                                              • 401

                                                              #31
                                                              are you crazy it don't effect canadian dollar ? it used to be at 1.61 now it's at 1.50 ..... that makes quite a difference when you convert big wire tranfers... tho i leave it in USD until this gets better if it ever will

                                                              Comment

                                                              • Platinum Dave
                                                                Confirmed User
                                                                • Mar 2001
                                                                • 2441

                                                                #32
                                                                US dollar is taking a shit...

                                                                Any company outside of the US always hopes the US dollar stays strong.

                                                                Once the US comes out of their mini recession their dollar will rise back.

                                                                Its a short term case.

                                                                US dollar is tops and always will be.


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                                                                • digifan
                                                                  The Profiler
                                                                  • Oct 2002
                                                                  • 14618

                                                                  #33
                                                                  Originally posted by quiet
                                                                  Always forgive your enemies; nothing annoys them so much. - Oscar Wilde
                                                                  [email protected]
                                                                  Webair Rocks

                                                                  Comment

                                                                  • digifan
                                                                    The Profiler
                                                                    • Oct 2002
                                                                    • 14618

                                                                    #34
                                                                    Originally posted by Platinum Dave
                                                                    US dollar is taking a shit...

                                                                    Any company outside of the US always hopes the US dollar stays strong.

                                                                    Once the US comes out of their mini recession their dollar will rise back.

                                                                    Its a short term case.

                                                                    US dollar is tops and always will be.
                                                                    I am hopeful it will be tops always.. war means recession, they say.
                                                                    [email protected]
                                                                    Webair Rocks

                                                                    Comment

                                                                    • CyberNut
                                                                      Registered User
                                                                      • Jan 2003
                                                                      • 81

                                                                      #35
                                                                      Fix the US economy should be the number one priority, not war. Who wants war anyway? Have you read the lastest retail stats for the US? Bush needs to get his head out of the gutter and start doing something productiive for his own country.
                                                                      Too drunk to care!

                                                                      Comment

                                                                      • McSpike
                                                                        Confirmed User
                                                                        • May 2001
                                                                        • 1042

                                                                        #36
                                                                        Originally posted by Platinum Dave

                                                                        Once the US comes out of their mini recession their dollar will rise back.

                                                                        Its a short term case.
                                                                        BS. I wouldn't say short term was 2 months and it would start picking up. Fuck no. It started in the summer of 2001! It's like getting paid $29 per sale and not $35. That is 17% loss!

                                                                        Originally posted by Platinum Dave
                                                                        US dollar is tops and always will be.
                                                                        :D Living a dream, aren't we? Do you know how long it takes to get that 17% back? Bush didn't do a damn thing and the dollar is losing its value every day. Lost it today as well.

                                                                        Dollar used to be good. It's not today anymore.

                                                                        -- McSpike --

                                                                        Comment

                                                                        • McSpike
                                                                          Confirmed User
                                                                          • May 2001
                                                                          • 1042

                                                                          #37
                                                                          Lost even more value over this weekend. WTG

                                                                          Comment

                                                                          • supportex
                                                                            Registered User
                                                                            • Dec 2002
                                                                            • 61

                                                                            #38
                                                                            Weak dollar looks like a long-term trend... too bad
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                                                                            Comment

                                                                            • grumpy
                                                                              Too lazy to set a custom title
                                                                              • Jan 2002
                                                                              • 9870

                                                                              #39
                                                                              Originally posted by McSpike
                                                                              You moron! All my money is in euros, but all the people I work with pay me in dollars!

                                                                              Every month when I go to the bank I'd like to smack the teller for giving me less euros for the same amount of dollars.

                                                                              I believe every non-US webmasters feels the same.

                                                                              -- McSpike --
                                                                              use european sponsors then
                                                                              Don't let greediness blur your vision | You gotta let some shit slide
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                                                                              Comment

                                                                              • XM
                                                                                Confirmed User
                                                                                • Jan 2001
                                                                                • 406

                                                                                #40
                                                                                It won't go up untill Bush FINISHES the war...he hasn't even started it yet. Move on George stop talking start doing something, I am getting tired of this war propaganda
                                                                                XM

                                                                                Comment

                                                                                • DarkJedi
                                                                                  No Refunds Issued.
                                                                                  • Feb 2001
                                                                                  • 28301

                                                                                  #41
                                                                                  hahah and some dude like 4 days agho was trying to convince me that war is actually good for economy

                                                                                  yeah US Dollar is dropping and that sux0rs

                                                                                  Comment

                                                                                  • Monk
                                                                                    Confirmed User
                                                                                    • Jan 2003
                                                                                    • 631

                                                                                    #42
                                                                                    "Once the US comes out of their mini recession their dollar will rise back.
                                                                                    Its a short term case. "


                                                                                    What is your basis for saying that?

                                                                                    Comment

                                                                                    • McSpike
                                                                                      Confirmed User
                                                                                      • May 2001
                                                                                      • 1042

                                                                                      #43
                                                                                      all european sponsors pay in dollars...

                                                                                      war good for economy = war propaganda

                                                                                      what worries me more than terrorists are dumb politicians.

                                                                                      -- McSpike --

                                                                                      Comment

                                                                                      • Paul Markham
                                                                                        Too old to care
                                                                                        • Jun 2001
                                                                                        • 52942

                                                                                        #44
                                                                                        A couple of years ago I was getting 41 Czech Krown to the dollar. Now I'm down to 29 and it's falling.

                                                                                        And all Bush can worry about is Iraq, maybe the economy is not important when your friends of multi millionaires and can give them a tax refund.



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