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Anyone noticed the Korean-Canada exchange rate today?
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blaseblasphemener



Joined: 01 Jun 2006
Location: There's a voice, keeps on calling me, down the road, that's where I'll always be

PostPosted: Thu Feb 08, 2007 9:01 pm    Post subject: Anyone noticed the Korean-Canada exchange rate today? Reply with quote

It's 789! I can't remember it ever being that low since I've been here, since 2003. It's a beautiful thing.
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ajgeddes



Joined: 28 Apr 2004
Location: Yongsan

PostPosted: Thu Feb 08, 2007 9:09 pm    Post subject: Reply with quote

It was the same in 2005.
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blaseblasphemener



Joined: 01 Jun 2006
Location: There's a voice, keeps on calling me, down the road, that's where I'll always be

PostPosted: Thu Feb 08, 2007 9:10 pm    Post subject: Reply with quote

ajgeddes wrote:
It was the same in 2005.


Really? Dang, I have a short memory! Well, it's been dropping for a while now, so happy for that.
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crazy_arcade



Joined: 05 Nov 2006

PostPosted: Thu Feb 08, 2007 9:11 pm    Post subject: Reply with quote

That's a good rate. Anyword on it's forecast for the next month or so?
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Wrench



Joined: 07 Apr 2005

PostPosted: Thu Feb 08, 2007 10:27 pm    Post subject: Reply with quote

yeah its awsome.. I got a little plug in for windows vista side bar that constanly updates me on the exchange rate. If I wa doing Forex still I would be making a killing.
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Greekfreak



Joined: 25 May 2003

PostPosted: Thu Feb 08, 2007 11:29 pm    Post subject: Reply with quote

The lowest I've ever seen it was during 2001 when it dropped to 783, although I'm pleased as punch even if KEB keeps it at 810 or so.

Last year I checked out some of my statements, and I had to do a couple of exchanges at 948 or so. Painful to see.
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ajgeddes



Joined: 28 Apr 2004
Location: Yongsan

PostPosted: Thu Feb 08, 2007 11:32 pm    Post subject: Reply with quote

Greekfreak wrote:
The lowest I've ever seen it was during 2001 when it dropped to 783, although I'm pleased as punch even if KEB keeps it at 810 or so.

Last year I checked out some of my statements, and I had to do a couple of exchanges at 948 or so. Painful to see.


Yep, in November 2004, it was about 960, and then only 5 or 6 months later it was at about 785 or so. Crazy.
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SuperHero



Joined: 10 Dec 2003
Location: Superhero Hideout

PostPosted: Fri Feb 09, 2007 3:36 am    Post subject: Reply with quote

I'm still waiting to see 645 again...
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ulsanchris



Joined: 19 Jun 2003
Location: take a wild guess

PostPosted: Fri Feb 09, 2007 4:04 am    Post subject: Reply with quote

summer of 2002 i am sure it was around 750.
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mindmetoo



Joined: 02 Feb 2004

PostPosted: Fri Feb 09, 2007 5:07 am    Post subject: Reply with quote

It's been sub-800 for the last few weeks.
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DaeguKid



Joined: 09 Dec 2006
Location: Daegu

PostPosted: Fri Feb 09, 2007 5:24 am    Post subject: Reply with quote

as I always say...Korea is WONderful.
DK
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Return Jones



Joined: 06 Feb 2004
Location: I will see you in far-off places

PostPosted: Fri Feb 09, 2007 5:26 am    Post subject: Reply with quote

SuperHero wrote:
I'm still waiting to see 645 again...

Wow! When was that? Certainly not in the last six years that I've been here. That would be fantastic!
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endo



Joined: 14 Mar 2004
Location: Seoul...my home

PostPosted: Fri Feb 09, 2007 5:31 am    Post subject: Reply with quote

Wait a minute, is this a good or bad thing for us Canucks sending $ home?

Yes, I'm a moron..
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Homer
Guest




PostPosted: Fri Feb 09, 2007 5:36 am    Post subject: Reply with quote

It was 615 when I arrived in 1997...just before the IMF thing...it has not been as low as what it is now in a while!
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crazy_arcade



Joined: 05 Nov 2006

PostPosted: Fri Feb 09, 2007 5:46 am    Post subject: Reply with quote

endo wrote:
Wait a minute, is this a good or bad thing for us Canucks sending $ home?

Yes, I'm a moron..


The korean won is strong, therefore, it takes less won to buy one CDN dollar. Hence, it's good for you because when you exchange you get more canadian money. It's a pay raise.

The won to yen rate is also really good right now.
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