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Old 10-26-2003, 02:05 PM   #1
The Click
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Canadians are you pumped?!

Cheque rates for 24 October 2003 15:00:34 EST

Converting 100.00 U.S. Dollars to
Canadian Dollars will yield
128.79 Canadian Dollars.
(Derived rate = 1.2879)
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Old 10-26-2003, 02:06 PM   #2
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no kidding.. it has been sliding lower and lower..
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Old 10-26-2003, 02:08 PM   #3
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waaaaaaa *crying
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Old 10-26-2003, 02:09 PM   #4
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Old 10-26-2003, 02:09 PM   #5
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Old 10-26-2003, 02:09 PM   #6
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at this time last year 1 USD was about 1.56 CAD
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Old 10-26-2003, 02:09 PM   #7
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Transfer your CAN$ to US$ and wait
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Old 10-26-2003, 02:10 PM   #8
The Click
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Quote:
Originally posted by Thrawn$
Transfer your CAN$ to US$ and wait
wait for our money to be at par?
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Old 10-26-2003, 02:10 PM   #9
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Quote:
Originally posted by The Click
Cheque rates for 24 October 2003 15:00:34 EST

Converting 100.00 U.S. Dollars to
Canadian Dollars will yield
128.79 Canadian Dollars.
(Derived rate = 1.2879)


The bank of Canada will try very hard to prop the rate up because this will cost A LOT of jobs.

Its cute the babbeling idiot-savant frenchman in Ottawa running the show thinks this somehow has something to do with Canada's economic strength.
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Old 10-26-2003, 02:21 PM   #10
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ya fuck... hope it will bounce back
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Old 10-26-2003, 02:24 PM   #11
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fucking sucks, all my cheques from the stats r basically dying on exchange fuck! i dont travel die canadian dollar dieeeeee.
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Old 10-26-2003, 02:27 PM   #12
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hope yes, but it doess seem doubtful that it will ever go back down to where it was @ the past 6-7 yrs.

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Old 10-26-2003, 02:28 PM   #13
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It sure hurts when one's profit margin is small.
I was getting $1.60 CDN at one point about a year ago for a USD.
Now $1.28 CDN for a USD.
Brutal

But, life goes on. Just need to find new ways of doing things.
Like moving to Jamaica where we can live cheap!!!
The USD is worth a lot there, and it is warm and sunny all year!
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Old 10-26-2003, 02:37 PM   #14
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Has anyone been to Jamaica?
http://gofuckyourself.com/showthread...hreadid=190275
Curious to hear your experiences
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Old 10-26-2003, 02:38 PM   #15
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Just have to sit on as much US money as you can until Bush is out of office.. hopefully things improve then.
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Old 10-26-2003, 02:41 PM   #16
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GOD DAMN!
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Old 10-26-2003, 02:50 PM   #17
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People are always bitching about the Canadian currencies. In the 1970's they bitched because the dollar was too low at $0.98US, and now people are bitching it too high at $0.77US. bitich, bitch, bitch.
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Old 10-26-2003, 03:00 PM   #18
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Quote:
Originally posted by Alex from Montreal
People are always bitching about the Canadian currencies. In the 1970's they bitched because the dollar was too low at $0.98US, and now people are bitching it too high at $0.77US. bitich, bitch, bitch.
I didn't bitch back then, since I did not see effects.
However, now after 5 years in this biz, and enjoying
an exchange rate of at least $1.50 for years, and when
business is built based on certain numbers, it can be
painful and even devastating for some to have
the rate drop like this.

Not that I am bitching now either really.
I'm not usually one to whine. Generally I accept the way
things are, and learn how to best work with it.
Life goes on weather we like it or not, so might as
well make the best of it!

In Jamaica, it costs 1.7 cents USD for 1 of their dollars.
hmmmm... winter is coming....
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Old 10-26-2003, 03:03 PM   #19
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Quote:
Originally posted by LadyMischief
Just have to sit on as much US money as you can until Bush is out of office.. hopefully things improve then.
agreed!
I still think even if that happens we will not see the dollar as go down as it was in the past 6-7 yrs, the damage is done.
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Old 10-26-2003, 03:10 PM   #20
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Look at this way. With a strong Canadian dollar, you now have the opportunities to acquire more sites from Americans (and there are quite a few that are selling) to expand your empire and promoting sponsors outside the USA that pay in other currencies.

Now you finally have the chance to diversify and expand your business model
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Old 10-26-2003, 04:05 PM   #21
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I am so depressed about this low american dollar isn't not even funny...

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Old 10-26-2003, 04:12 PM   #22
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Quote:
Originally posted by Alex from Montreal
People are always bitching about the Canadian currencies. In the 1970's they bitched because the dollar was too low at $0.98US, and now people are bitching it too high at $0.77US. bitich, bitch, bitch.
Yeah.. Losing more than 20% of our revenues in one year.. What a bunch of whiners we are.
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Old 10-26-2003, 04:15 PM   #23
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Originally posted by WiredGuy
I am so depressed about this low american dollar isn't not even funny...

WG
i feel ya bro, im feelin the same shitty way about it!

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Old 10-26-2003, 07:49 PM   #24
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Quote:
Originally posted by Alex from Montreal
Look at this way. With a strong Canadian dollar, you now have the opportunities to acquire more sites from Americans (and there are quite a few that are selling) to expand your empire and promoting sponsors outside the USA that pay in other currencies.

Now you finally have the chance to diversify and expand your business model
If I make all my money is US funds and I buy some site in US funds, what dirfference does it make that the Canadian dollar is sucking ass?
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Old 10-26-2003, 07:51 PM   #25
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Old 10-26-2003, 07:54 PM   #26
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Quote:
Originally posted by doober


i feel ya bro, im feelin the same shitty way about it!

Me three.
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Old 10-26-2003, 07:54 PM   #27
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We need more european programs and US dollar sucks
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Old 10-26-2003, 07:56 PM   #28
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The US is not the center of everything.

Right?
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Old 10-26-2003, 07:57 PM   #29
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Quote:
Originally posted by Ramster


If I make all my money is US funds and I buy some site in US funds, what dirfference does it make that the Canadian dollar is sucking ass?
The more sites you have, the more money you make, the more non-US sponsors you can have, the more money in other currencies, etc.
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Old 10-26-2003, 07:58 PM   #30
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I don't give a fuck about the currency

because when I will go in Florida & New York this winter it's gonna be less expensive..
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Old 10-26-2003, 08:03 PM   #31
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Quote:
Originally posted by Ic3m4nZ
I don't give a fuck about the currency
Me too. I don't exchange from one currency to another.
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Old 10-26-2003, 08:07 PM   #32
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agreed!
I still think even if that happens we will not see the dollar as go down as it was in the past 6-7 yrs, the damage is done.
Just about anything would be better than it is today.. And it's not REALLY our dollar rising, so much as the US dollar falling drastically.
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Old 10-26-2003, 08:58 PM   #33
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The more sites you have, the more money you make, the more non-US sponsors you can have, the more money in other currencies, etc.
I get ya now. Make euros or whatever and buy US sites.
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Old 10-27-2003, 06:36 AM   #34
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Quote:
Originally posted by Ramster


I get ya now. Make euros or whatever and buy US sites.
That's about it.
Expand your portfolio of sites, add sponsors that pay in other currencies and invest abroad when your local currency is high and vice-versa.
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Old 10-27-2003, 06:50 AM   #35
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save the loonies!
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