USD is going down! What to do?

Discussion in 'General Business' started by 8everything, Jul 6, 2007.

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  1. Lazaru5

    Lazaru5 Peon

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    #61
    they did that the first time around, but florida decided that they didn't like the winner :p

    and they are gonna have to vote for another one next time around anyway, the US only allows a president to sit for 2 terms..
     
    Lazaru5, Jul 9, 2007 IP
  2. chris247

    chris247 Peon

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    #62
    approx $2 =£1 whoch os good for me because things from america are so cheap.

    I would say buy CA dolars
     
    chris247, Jul 9, 2007 IP
  3. GsMen

    GsMen Well-Known Member

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    #63

    than go live there, than also solved
     
    GsMen, Jul 9, 2007 IP
  4. 8everything

    8everything Peon

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    #64
    :) I love my country too much :)
     
    8everything, Jul 9, 2007 IP
  5. naldenos

    naldenos Banned

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    #65
    Kicked off well since the US dollar began to balance with the rest of world expectation of wages and profits.
     
    naldenos, Jul 10, 2007 IP
  6. antman

    antman Well-Known Member

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    #66
    This is going down everyday! I'm monitoring it on XE and PayPal.

    Everything that goes down goes back up right?
     
    antman, Jul 10, 2007 IP
  7. 8everything

    8everything Peon

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    #67
    That's my logic too.. I'm waiting til the conversion rate is atleast 1 USD to 1.06 canadian to convert (which only leaves 3% via paypal :()
     
    8everything, Jul 10, 2007 IP
  8. antman

    antman Well-Known Member

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    #68
    The gap between XE and PayPal is around $10AUD

    I'm waiting too, there's no rush.
     
    antman, Jul 10, 2007 IP
  9. 8everything

    8everything Peon

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    #69
    Wow... I know paypal takes 50% of the conversion rate from USD to CAD... if you can convert it at your local bank, they might charge much less!!
     
    8everything, Jul 10, 2007 IP
  10. antman

    antman Well-Known Member

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    #70
    Yeah, PayPal takes a lot when you are a webmaster, but there's no other better way. I might convert it, then earn interest sooner in Australia.
     
    antman, Jul 10, 2007 IP
  11. 8everything

    8everything Peon

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    #71
    The USD is now 1.04549 CAD :( that's lower than the average lows they get :eek: ! IT doesn't look like it'll go up to 1.06 anytime soon !! :(
     
    8everything, Jul 12, 2007 IP
  12. antman

    antman Well-Known Member

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    #72
    Dropped two dollars since my last post. This is really horrible :(
     
    antman, Jul 12, 2007 IP
  13. 8everything

    8everything Peon

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    #73
    Wow that's a more severe drop I think.. I guess we should all convert our funds asap!
     
    8everything, Jul 12, 2007 IP
  14. antman

    antman Well-Known Member

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    #74
    I'm going to wait, this is just a depression. Well, that's what my economics teacher said anyway...
     
    antman, Jul 12, 2007 IP
  15. Brennan

    Brennan Notable Member

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    #75
    Well as the USD goes down and the AUD goes up does that mean I get more money or less?
     
    Brennan, Jul 12, 2007 IP
  16. Codythebest

    Codythebest Notable Member

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    #76
    But I work from the US in GBP :D
     
    Codythebest, Jul 12, 2007 IP
  17. sachin410

    sachin410 Illustrious Member

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    #77
    In that case, US dollar converts to less AUD - so less money from your USD based income.
     
    sachin410, Jul 12, 2007 IP
  18. Brennan

    Brennan Notable Member

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    #78
    Well if this is the rate:

    1 Australian dollar = 0.8608 U.S. dollars

    And the .8608 goes to .90 U.S. dollars when I convert from USD to AUD will it be more or less?

    Thanks :)
     
    Brennan, Jul 12, 2007 IP
  19. antman

    antman Well-Known Member

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    #79
    antman, Jul 12, 2007 IP
  20. tajimd

    tajimd Well-Known Member

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    #80
    I guess that will be more .

    Well even in my place USD has gone down , Initially we used to get Rs. 72 Per $1 now its gone down to Rs.64 .
     
    tajimd, Jul 12, 2007 IP
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