bigway 4 #1 November 24, 2006 I have checked this exchange rate nearly everyday for the last year and have never seen the US dollar so low. 1.93 It got to 1.2 a week or two ago and then dropped back again. I reackon it may hit 2 by xmas. (based on UK currency) .Karnage Krew Gear Store . Quote Share this post Link to post Share on other sites
bigway 4 #2 November 24, 2006 opps, just checked the Thai baht and now realise the uk is up not the US down. What an awesome exchange rate. last week i changed 1000 pounds to thai baht and only got 60,000 baht. Today i would have got 70,000. .Karnage Krew Gear Store . Quote Share this post Link to post Share on other sites
fudd 0 #3 November 24, 2006 But is has been even lower before, but this is good news. As the dollar is falling, it's getting cheaper for us europeans to order skydiving gear from the other side of the pond. There are only 10 types of people in the world. Those who understand binary, and those who don't. Quote Share this post Link to post Share on other sites
StreetScooby 5 #4 November 24, 2006 When I lived in Edinburgh in the late 1980s, it was over $2 USD to 1 GBP. Ouch.We are all engines of karma Quote Share this post Link to post Share on other sites
pincheck 0 #5 November 24, 2006 QuoteWhen I lived in Edinburgh in the late 1980s, it was over $2 USD to 1 GBP. Ouch. If it gets to that My wife will be out buying her dollars for vegas,Shhhhhhhhhhhh keep it quite Billy-Sonic Haggis Flickr-Fun Quote Share this post Link to post Share on other sites
bigway 4 #6 November 25, 2006 I just changed a couple of thousand pounds for aussie, and US dollars. wish i had held off and not bought all my thai baht last week. Got to take advantage of it. .Karnage Krew Gear Store . Quote Share this post Link to post Share on other sites
kallend 1,649 #7 November 25, 2006 Quoteopps, just checked the Thai baht and now realise the uk is up not the US down. What an awesome exchange rate. last week i changed 1000 pounds to thai baht and only got 60,000 baht. Today i would have got 70,000. $US is down against the Euro and the Yen too, so it's not just the pound. That's what happens when you go deeply in debt.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
StreetScooby 5 #8 November 25, 2006 There are alot of governments and institutions that hold dollar denominated debt. It's not going to sink too low, because people will take action to prop it up.We are all engines of karma Quote Share this post Link to post Share on other sites
kallend 1,649 #9 November 25, 2006 QuoteThere are alot of governments and institutions that hold dollar denominated debt. It's not going to sink too low, because people will take action to prop it up. Up to a point. The Chinese may be patient, but not infinitely patient. They have more than $1trillion, and if they unload the ramifications will be dire.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
jcd11235 0 #10 November 25, 2006 QuoteQuoteThere are alot of governments and institutions that hold dollar denominated debt. It's not going to sink too low, because people will take action to prop it up. Up to a point. The Chinese may be patient, but not infinitely patient. They have more than $1trillion, and if they unload the ramifications will be dire. Not to mention that it could be viewed as a good long term investment for a potential adversary to intentionally undermine the value of the dollar, especially if that adversary views itself to be in a position to be a world superpower.Math tutoring available. Only $6! per hour! First lesson: Factorials! Quote Share this post Link to post Share on other sites
Ripsmacker181 0 #11 November 25, 2006 MediCare : Allergic to Prison. Quote Share this post Link to post Share on other sites
