| View previous topic :: View next topic |
| Author |
Message |
jdog2050
Joined: 17 Dec 2006
|
 Posted: Thu Nov 20, 2008 5:44 pm Post subject: Through the rabbit hole--won at 1500 |
 |
|
Live rates at 2008.11.21 01:42:44 UTC
1.00 USD
=
1,506.40 KRW
United States Dollars South Korea Won
1 USD = 1,506.40 KRW 1 KRW = 0.000663833 USD
How To Get Started Trading Currencies? Click here!!
FFFFFFFFFFFFFFFFFFUUUUUUUUUUUUUUUUUUUUCCCCCCCCCCCCKKKKKKKKKKKKKKKKKK |
|
| Back to top |
|
 |
seosan08
Joined: 10 Oct 2008
Location: Korea
|
| Posted: Thu Nov 20, 2008 5:49 pm Post subject: Re: Through the rabbit hole--won at 1500 |
|
|
| jdog2050 wrote: |
Live rates at 2008.11.21 01:42:44 UTC
1.00 USD
=
1,506.40 KRW
United States Dollars South Korea Won
1 USD = 1,506.40 KRW 1 KRW = 0.000663833 USD
How To Get Started Trading Currencies? Click here!!
FFFFFFFFFFFFFFFFFFUUUUUUUUUUUUUUUUUUUUCCCCCCCCCCCCKKKKKKKKKKKKKKKKKK |
Welcome to the Great Crash of 2009! |
|
| Back to top |
|
|
bassexpander
Joined: 13 Sep 2007
Location: Someplace you'd rather be.
|
| Posted: Thu Nov 20, 2008 5:52 pm Post subject: |
|
|
Ain't that the truth!!!!
This is surely one heck of a crash! |
|
| Back to top |
|
|
marlow
Joined: 06 Feb 2005
|
| Posted: Thu Nov 20, 2008 5:55 pm Post subject: |
|
|
Filipino ESL teachers in 3, 2, 1....
I mean, if the won doesn't recover, and fast, there is going to be a teacher shortage. The won won't recover fast.
Oh yeah, and unemployed American auto workers are not going to make up for a teacher shortage. |
|
| Back to top |
|
|
justaguy
Joined: 01 Jan 2008
Location: seoul
|
| Posted: Thu Nov 20, 2008 6:15 pm Post subject: |
|
|
| KEB website says it cost 1544 to buy a US Dollar today. |
|
| Back to top |
|
|
MUOhio82
Joined: 25 Apr 2008
|
| Posted: Thu Nov 20, 2008 6:19 pm Post subject: |
|
|
I wonder how fast people will start heading for the airport?
For those of us from the US, is this even WORTH it anymore with bills to pay at home? Some of us (myself included) don't have the option of not sending money home once a month, and every month at the bank I want to cry.....
What to do, what to do.... |
|
| Back to top |
|
|
reimund
Joined: 01 Oct 2007
|
| Posted: Thu Nov 20, 2008 6:23 pm Post subject: |
|
|
| Oh my God, it's 1530. LOL. |
|
| Back to top |
|
|
MANDRL
Joined: 13 Oct 2006
Location: South Korea
|
| Posted: Thu Nov 20, 2008 6:26 pm Post subject: |
|
|
| MUOhio82 wrote: |
I wonder how fast people will start heading for the airport?
For those of us from the US, is this even WORTH it anymore with bills to pay at home? Some of us (myself included) don't have the option of not sending money home once a month, and every month at the bank I want to cry.....
What to do, what to do.... |
Maybe when it hits 2:1 will be time to give serious consideration about packing up. Seriously, when will enough be enough? |
|
| Back to top |
|
|
caniff
Joined: 03 Feb 2004
Location: All over the map
|
| Posted: Thu Nov 20, 2008 6:26 pm Post subject: |
|
|
This is absolutely terrible. I don't know how much worse it can get before I pull the plug.
I've been here six years, and I'm starting to think a multi-year/permanent vacation is in order.
Korea's been good to me, but nowadays not so much.
Last edited by caniff on Thu Nov 20, 2008 6:28 pm; edited 1 time in total |
|
| Back to top |
|
|
MUOhio82
Joined: 25 Apr 2008
|
| Posted: Thu Nov 20, 2008 6:27 pm Post subject: |
|
|
| Is it this bad for Candians and everyone else or just us Americans? |
|
| Back to top |
|
|
GwangjuParents
Joined: 31 Oct 2008
|
| Posted: Thu Nov 20, 2008 6:32 pm Post subject: |
|
|
The Canadian dollar has been sliding a lot. I think it's below 80 cents to the US dollar now.
The big consideration is that a lot of the 'experts' who I follow (like Jim Rogers) are saying that US dollar itself is one huge bubble about to burst.
So if the US dollar totally tanks, what will happen to the Won? |
|
| Back to top |
|
|
caniff
Joined: 03 Feb 2004
Location: All over the map
|
| Posted: Thu Nov 20, 2008 6:32 pm Post subject: |
|
|
| MUOhio82 wrote: |
| Is it this bad for Candians and everyone else or just us Americans? |
Mostly us Americans because for the foreseeable future the American dollar will be seen as a safe haven for foreign investors. This shores up the value of the greenback. this likely won't last forever as American consumers continue to hold onto their $s.
It's ironic because the BS started in the US, but this is the collapse of a global system which was doomed to fail eventually. The US just happened to be the catalyst.
Anyway, get ready for a year or three of suckiness.
Last edited by caniff on Thu Nov 20, 2008 6:34 pm; edited 1 time in total |
|
| Back to top |
|
|
marlow
Joined: 06 Feb 2005
|
| Posted: Thu Nov 20, 2008 6:33 pm Post subject: |
|
|
| MUOhio82 wrote: |
| Is it this bad for Candians and everyone else or just us Americans? |
18 months ago the won was near 800 for a CAD. Now it's near 1200. Totally sucking for Canadians. |
|
| Back to top |
|
|
MUOhio82
Joined: 25 Apr 2008
|
| Posted: Thu Nov 20, 2008 6:37 pm Post subject: |
|
|
It's just quite upsetting as a newbie. This is my first time here, and I have 6 months left in my contract before I head home. 6 more times of crying at the bank?
I don't even have the option of NOT sending the money home every month, I'm literally at a complete loss of what to do... |
|
| Back to top |
|
|
seosan08
Joined: 10 Oct 2008
Location: Korea
|
| Posted: Thu Nov 20, 2008 6:40 pm Post subject: |
|
|
| marlow wrote: |
| MUOhio82 wrote: |
| Is it this bad for Candians and everyone else or just us Americans? |
18 months ago the won was near 800 for a CAD. Now it's near 1200. Totally sucking for Canadians. |
And it DOESN'T suck for everyone else?!? |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
