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Won to euro exchange rate

 
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Binch Lover



Joined: 25 Jul 2005

PostPosted: Wed Sep 17, 2008 4:11 pm    Post subject: Won to euro exchange rate Reply with quote

I need to send some money home in the next couple of months so I looked at this page http://finance.yahoo.com/currency/convert?from=EUR&to=KRW&amt=1&t=1y. It seems like the exchange rate has been pretty stable around the 1600 won mark since April. It's really shitty compared to what it was two years ago (around 1200) but is it likely to stay around there for the next few months. Basically the question is, should I send money home now or hope it improves in the next couple of months? Any informed opinions out there?
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Juregen



Joined: 30 May 2006

PostPosted: Wed Sep 17, 2008 4:58 pm    Post subject: Reply with quote

The Korean Governement is trying very hard not to loose much more ground vis-a-vis other currencies.

On the other side I don't see much that would improve the situation....

So yes, from my point of view, the current rate is stable
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