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Will this be the demise?

 
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candy bar



Joined: 03 Dec 2012

PostPosted: Wed Feb 17, 2016 2:37 am    Post subject: Will this be the demise? Reply with quote

The WON is 1224 to the $US Dollar.

1224 to 1
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World Traveler



Joined: 29 May 2009

PostPosted: Wed Feb 17, 2016 2:50 am    Post subject: Reply with quote

Holy hell! (>_<) 1,000 won is 81 cents. (T_T)
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SeoulNate



Joined: 04 Jun 2010
Location: Hyehwa

PostPosted: Wed Feb 17, 2016 3:01 am    Post subject: Reply with quote

It is a good day to be debt free Cool
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Wed Feb 17, 2016 3:35 am    Post subject: Re: Will this be the demise? Reply with quote

candy bar wrote:
The WON is 1224 to the $US Dollar.

1224 to 1


Could be worse. It was 1440 to the dollar (cash rate) back in Nov 2008.

.
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tardisrider



Joined: 13 Mar 2003
Location: Seoul

PostPosted: Wed Feb 17, 2016 5:58 am    Post subject: Reply with quote

I remember when it was 2000 to the US dollar.

I also remember when it was about 700 to the US dollar.

I am old.
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yodanole



Joined: 02 Mar 2003
Location: La Florida

PostPosted: Wed Feb 17, 2016 10:27 am    Post subject: Reply with quote

Bingo ... My life went on as usual, either way.

tardisrider wrote:
I remember when it was 2000 to the US dollar.

I also remember when it was about 700 to the US dollar.

I am old.
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Chaucer



Joined: 20 Oct 2009

PostPosted: Wed Feb 17, 2016 6:43 pm    Post subject: 700! Reply with quote

tardisrider wrote:
I remember when it was 2000 to the US dollar.

I also remember when it was about 700 to the US dollar.

I am old.


I am too. 700 was happy times--making 1.05 million with housing I sent home $1000 per month. Only trouble was they paid us in cash, so I had to be careful not to blow the money.
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ArabicTeacher



Joined: 20 Jan 2016

PostPosted: Wed Feb 17, 2016 11:21 pm    Post subject: Reply with quote

My wife, and the main breadwinner of this small family, is involved with safe investments overseas and she is quite worried about this bad exchange rate. She said that the exchange will be bad until this summer or winter. I'm not going to move somewhere else, so it doesn't affect me, my wife and son, but this heavily affects my friends teaching English and German here.
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saram_



Joined: 13 May 2008

PostPosted: Thu Feb 18, 2016 2:33 am    Post subject: Reply with quote

One silver lining for those living and teaching here may be that less teachers will consider coming here with the poor exchange rates.

That should help secure better/more jobs you would think.
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wonkavite62



Joined: 17 Dec 2007
Location: Jeollanamdo, South Korea.

PostPosted: Thu Feb 18, 2016 7:32 am    Post subject: Yes Saram Reply with quote

Yes, it should help the teachers in Korea already, in terms of competition for jobs. But new graduates need to realise this. South Korea is a fascinating country, but it has never been a paradise.
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candy bar



Joined: 03 Dec 2012

PostPosted: Fri Feb 19, 2016 1:38 am    Post subject: Reply with quote

1233

jeepers
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GENO123



Joined: 28 Jan 2010

PostPosted: Fri Feb 19, 2016 3:23 am    Post subject: Re: Will this be the demise? Reply with quote

candy bar wrote:
The WON is 1224 to the $US Dollar.

1224 to 1
you wish
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candy bar



Joined: 03 Dec 2012

PostPosted: Fri Feb 19, 2016 6:07 am    Post subject: Re: Will this be the demise? Reply with quote

GENO123 wrote:
candy bar wrote:
The WON is 1224 to the $US Dollar.

1224 to 1
you wish


No. I hope it hits 1300.
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candy bar



Joined: 03 Dec 2012

PostPosted: Mon Feb 29, 2016 6:29 am    Post subject: Reply with quote

Unbelievable 1238
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