#61
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for example:
17. May 2009: 100 Eur = 135,18 US 17. May 2010: 100 Eur = 123,49 US difference 11,69 USD easier said, she would need more money as in year 2009 Yesterday was Euro on 4years minimum.
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Last edited by Karin; 05-18-2010 at 05:37 AM.. |
#62
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I just remembered, I still have enough Euros to last me a trip anyway. Doh! Makes no difference to me. Well, maybe it's time to buy more Euros (assuming this may turn back around). You know, we have spent into a 1.7 trillion deficit (?) like just last year? My economics teacher thinks the value of the dollar is going to tank in the next couple years. That is, there will be much inflation here. But, that's why they call it speculation.
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Merci Fanny |
#63
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Well, euro to dollar exchange rate is currently very liable to fluctuation. Crisis in Greece and promised 750 billion euro to help Eu currency is a reason for this on one hand. On the other, the oil leak in Gulf of Mexico may have a tremendous economical effect.
@Roman Example. Suppose that the album 'production' cost is 10€ and the price is 15$. Now exchange rate is 1€=1.24$, cost is 10€=12.4$, so there is 2.6$=2.09€ profit. Taking rate 1€=1.36$, cost is 10€=13.6$, profit is only 1.4$=1.03€. Or saying the same in other words (numbers) If she sells for 15$, with 1.24:1 rate she gets 12.09€. If the rate is 1.36:1, she gets only 11.03€. To save the same profit price have to be risen. Of course it's only a very simplified calculation, but the main idea is correct. |
#64
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Quote:
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Merci Fanny |
#65
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Quote:
Quote:
I'll think of something though |
#66
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too....much....math...
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ZBT<3Alizée
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