ExPat on DU. . .how is your local currency holding up? My Korean Won just tanked

[Suji to Seoul]

1 American dollar = 1465 Korean Won. When I got here in July, it was 1100 to 1.

So much for saving money in Korea. Thailand here I come in July!

[TheWatcher]

1. Pretty soon there won't be anywhere left to run.

[Suji to Seoul]

2. Not running. . .traveling the world and working. The KRW is dead now! And the Yuan and Yen are

next.

Hopefully, the Baht will not tank. Or the Filipino Peso if I move to Manila with my Filipina GF I met here.

[Lasher]

3. I've got a coupla hundred won in my Army uniform pocket.

1970 vintage. At that time I believe 300 won = 1 USD.

[Bigmack]

4. I win... I remember when

I was in Japan in the early sixties, the yen was 360 to the dollar. It will probably be there again, soon.

[Suji to Seoul]

5. That won't even buy you a lighter in Korea right now.

[rpannier]

6. Go to Japan

The Yen is still fairly strong

Korea is run by a reich-wing moron whose answer to the economy is to model everything after DUH-bya

[Suji to Seoul]

9. I couldn't agree more. Lee Myung-Bak is a fucking waste of bad sex

What a turd!

[rpannier]

10. Lee Myeong-bak

You must get with the times...He's referred to as E(Lee) Myeong-bush

[Suji to Seoul]

13. I saw it in the Korea Times as Lee Myung-Bak.

|0 is a turd!

[rpannier]

18. It's Lee Myeong-bak

Some of us call him Lee Myeong-bush as a form of derision because his policies are so George Bush-like

[Art_from_Ark]

7. My main currency is the yen

And right now, the yen is high against all major currencies.

Even if you can't read Japanese, the graphs in the middle of the page show how 6 major currencies have fared against the yen over the past year-- all of them are down.

http://quote.yahoo.co.jp/m3?u

From left to right and top to bottom:

US dollar, Australian dollar, UK pound
Canadian dollar, Swiss franc, Euro

The numbers on the left-hand side of each graph denote value in Japanese yen.
The numbers at the bottom of each graph represent the months of the past year.

[rpannier]

8. Exactly 1 year ago it was 943.53

I know. I sent money home one year ago and still have the paperwork

[shotten99]

11. here in Croatia

Holding steady at about 5.5 kuna to the dollar here in Croatia.
The first time I was here in 99, it was about 9 to 1.

[Spider Jerusalem]

12. British pound is currently at $1.42, the dollar goes quite a bit further than it did.

Sterling is supposedly at near purchasing-power parity now, from being somewhat overvalued; I don't expect it'll go much higher and may go lower, depending on what happens with government intervention in the banking sector here.

[Zywiec]

14. If you were paid in dollars, you'd be in good shape.

I'm sure the Soldiers stationed there aren't complaining.

Good luck!

[Qanisqineq]

15. I live in Korea, too

It's supposed to get worse. We plan on withdrawing a lot of money and exchanging it for Won soon. That way we are paying our rent really cheap.

[JCMach1]

16. For good or ill the UAE Dirham is pegged to the dollar- this has meant GOOD

lately as the dollar has risen against almost all currencies.

[Romulox]

17. A strong currency is undesirable in an export based economy.

Ask the Japanese how thrilled they are that the yen is "holding up" against the dollar.