Kind of non: Exchange Rates
- Thread starter Exit56b
- Start date
Kicks_On_66
First Team
Oh you think this is the bottom? I'm not so sure.
Exit56b
Reserves
Read my post again, at NO TIME did I say it was ‘the bottom’. I did say it was the lowest rate of my lifetime.
Kicks_On_66
First Team
Oh, I beg your pardon. I inferred that from your advice to buy now.
Red_till_im_ded
Fans' Favourite
Wasnt that many years ago that I spent 3 months a year in Miami and Fort Lauderdale for work and always took advantage of cheap shopping on clothing and footwear when I was there. The States certainly isn't a value destination at the moment.
Friends have just returned from spending two weeks driving down the west coast from Seattle to San Fran and were amazed at how expensive things are. Hotel prices, restaurants, going out etc.
Friends have just returned from spending two weeks driving down the west coast from Seattle to San Fran and were amazed at how expensive things are. Hotel prices, restaurants, going out etc.
Exit56b
Reserves
So true, all things have gone up in price here in the States and even more so on the West Coast. Hope the high cost of your friends trip didn’t take too much excitement out of their journey…I have driven part of that coastal route and so many parts of it are breathtaking.
A good friend who is from, and still lives in England, has similar past experiences of taking advantage of the exchange rates. He and his wife would travel here and only bring 2 or 3 changes of clothes and a couple large suitcases each. Return with them bulging full of clothing bargains.
What is the price of petrol(gas) in the USA today?
The price of milk?
The price of bread?
The price of a kilo of potatoes?
The cost of rent per month,
The price of cigarettes?
The price of beer?
The price of a car?
The price of electricity?
The price of Gas (natural)
The average wage?
Extensive list, but hard to know the difference.
The price of milk?
The price of bread?
The price of a kilo of potatoes?
The cost of rent per month,
The price of cigarettes?
The price of beer?
The price of a car?
The price of electricity?
The price of Gas (natural)
The average wage?
Extensive list, but hard to know the difference.
Kudos
UTC Legend
MB1980
UTC Legend
How about the price of escorts, cocaine and ak47's?
ErikthViking
UTC Legend
Trips to the USA are significantly more expensive.
Less than a year ago, the pound/dollar exchange rate was still not far off the $1.40 (and a bit) high of the summer. As I usually do, I was buying all kinds of stuff to take home from Costco and Target and filling a suitcase with books.
In March of this year, I got $1.35. In June it was down to $1.22 which was not a disaster and part of the ups and downs for the forex markets. However, this morning I woke to find $1.06. Is the market headed for parity?
Post-pandemic, prices have increased too. A reasonable hotel used to be around about $100, now the same hotels are often priced north of $130.
Just the airfare to get there has gone up as almost everything in aviation is priced in USD. As I usually do, may not be so usual in the coming months.
Less than a year ago, the pound/dollar exchange rate was still not far off the $1.40 (and a bit) high of the summer. As I usually do, I was buying all kinds of stuff to take home from Costco and Target and filling a suitcase with books.
In March of this year, I got $1.35. In June it was down to $1.22 which was not a disaster and part of the ups and downs for the forex markets. However, this morning I woke to find $1.06. Is the market headed for parity?
Post-pandemic, prices have increased too. A reasonable hotel used to be around about $100, now the same hotels are often priced north of $130.
Just the airfare to get there has gone up as almost everything in aviation is priced in USD. As I usually do, may not be so usual in the coming months.
We know the cost of living in Parkstone.
Exchange rates can be relatively insignificant if you factor in inflation.
Sri Lanka for example has been reported as having a domestic rate of inflation as high as 80 per cent.
The GBP against the Sri Lankan Rupee has remained between 1 GBP to 200 Rupee and 1 GBP to 400 Rupee in the last 5 years.
Given the rate of inflation in Sri Lanka, one would expect the actual exchange rate has little to with with spending power when domestic inflation in any given country (Sri Lanka in this example), SEEMS NOT to factor the ACTUAL changes in spending power for a foreign visitor, or holidaymaker.
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