USD is going down! What to do?

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

  1. sraza

    sraza Guest

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    #101
    paypals surcharge is pretty hefty, though i think thats how they pay the credit card companies their share, plus their own profits, 2 way split
     
    sraza, Jul 13, 2007 IP
  2. etali

    etali Well-Known Member

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    #102
    I'm getting around the current exchange rate by just trying to trade only in Paypal, and only in Dollars - I live in the UK so by the time I've paid paypal fees and had money converted I get next to nothing, or so it feels.

    I hope the dollar gets stronger again soon...
     
    etali, Jul 13, 2007 IP
  3. 8everything

    8everything Peon

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    #103
    I know how you feel, we have to pay double the fees! Fees after fees.. and now the conversion rate won't even "help" just a bit..
     
    8everything, Jul 13, 2007 IP
  4. antman

    antman Well-Known Member

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    #104
    Dropped another 80 cents over here in Australia.
     
    antman, Jul 14, 2007 IP
  5. 8everything

    8everything Peon

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    #105
    Wow.. you guys are having more of an impact. It's just fluctuating in the 0.001 here.. but that's still a difference.
     
    8everything, Jul 14, 2007 IP
  6. Realm

    Realm Well-Known Member

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    #106
    if it keeps dropping like this...the US will be a 3rd world country and meanwhile China becomes the Richest country in the world since most companies are moving there
     
    Realm, Jul 14, 2007 IP
  7. 8everything

    8everything Peon

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    #107
    lol that's a bit extreme :p then us Canadians would go shopping solely in the states for awesome discounts :D
     
    8everything, Jul 14, 2007 IP
  8. Realm

    Realm Well-Known Member

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    #108
    lol...I better get my bags ready;) hehe
     
    Realm, Jul 14, 2007 IP
  9. antman

    antman Well-Known Member

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    #109
    [​IMG]
    Exhibit A

    I've been tracking it for 2-3 weeks and recording info on Excel.

    As you can see on Exhibit A, it's going down quickly. I think I'm going to go over to ThinkGeek and spend some of it. Anyone got any better ideas? :p
     
    antman, Jul 15, 2007 IP
  10. Brennan

    Brennan Notable Member

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    #110
    So does that mean we get more AUD for our USD?
     
    Brennan, Jul 15, 2007 IP
  11. antman

    antman Well-Known Member

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    #111
    Other way around, we get less AUD for our USD now.

    It is going down, so the value of the USD stacks up low for us. It was good three weeks ago, but no more :(

    Let's hope it goes back up!
     
    antman, Jul 15, 2007 IP
  12. dmi

    dmi Well-Known Member

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    #112
    You can't do anything.
     
    dmi, Jul 15, 2007 IP
  13. zexy

    zexy Guest

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    #113
    420 USD = 300 Euro :(

    Maybe I will start to charge in euro instead of USD.
     
    zexy, Jul 15, 2007 IP
  14. antman

    antman Well-Known Member

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    #114
    Hahahaha :p I might start charging in AUD - would make life so much easier.
     
    antman, Jul 15, 2007 IP
  15. Dzuster

    Dzuster Banned

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    #115
    $1 is equal to 45 pesos here..
    crap it so low..
     
    Dzuster, Jul 16, 2007 IP
  16. Brennan

    Brennan Notable Member

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    #116
    Any updates antman on the price?
     
    Brennan, Jul 16, 2007 IP
  17. AngelaR

    AngelaR Guest

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    #117
    Its extremely crazy, Honestly I cannot believe our CDN dollar is doing so well. It sucks because most of us Canadians "used" to do business in USD online at least. Maybe the only feesable and economical way to go about this is to only accept payments in Canadian funds??
     
    AngelaR, Jul 16, 2007 IP
  18. 8everything

    8everything Peon

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    #118
    Wow!!!! Look at the major dip since yesterday:

    1.00 USD

    =

    1.04257 CAD

    I am sooo glad I converted a couple K yesterday :eek:
     
    8everything, Jul 16, 2007 IP
  19. Brennan

    Brennan Notable Member

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    #119
    1 U.S. dollar = 1.1591515 Australian dollars

    I remember when it use to = 1.30 not long ago!

    1 Australian dollar = 0.8627 U.S. dollars

    And I remember when it use to be around .60 not long ago!
     
    Brennan, Jul 16, 2007 IP
  20. 8everything

    8everything Peon

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    #120
    Brennan, the currency is constantly checking :p I'm getting OCD from xe.com cause its changing a lot so fast :p
     
    8everything, Jul 16, 2007 IP