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It's been a long wait, but...W998.90
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Ya-ta Boy



Joined: 16 Jan 2003
Location: Established in 1994

PostPosted: Mon Apr 25, 2005 2:56 am    Post subject: It's been a long wait, but...W998.90 Reply with quote

YAHOO!!!

The Won broke through 1,000!!!!!!!!!!!!!!!!!
Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy Very Happy
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JongnoGuru



Joined: 25 May 2004
Location: peeing on your doorstep

PostPosted: Mon Apr 25, 2005 3:00 am    Post subject: Reply with quote

And not for the first time. Didn't you post on this a few months ago? And ... hey, I think I posted on that thread too. Confused
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Ya-ta Boy



Joined: 16 Jan 2003
Location: Established in 1994

PostPosted: Mon Apr 25, 2005 3:08 am    Post subject: Reply with quote

I posted when it got close to W1,000. Then it went back to 1013, or something.

Today is the first time I've seen it under W1,000 (in the Chosun Ilbo). I check most days.
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Free World



Joined: 01 Apr 2005
Location: Drake Hotel

PostPosted: Mon Apr 25, 2005 1:00 pm    Post subject: first time below since 97 Reply with quote

The U.S. dollar tumbled for six consecutive days to hit W998.90 on Monday, the first time the currency has gone below the W1,000 mark since Nov. 14, 1997.

http://english.chosun.com/w21data/html/news/200504/200504250037.html
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hogwonguy1979



Joined: 22 Dec 2003
Location: the racoon den

PostPosted: Mon Apr 25, 2005 1:17 pm    Post subject: Reply with quote

yeah!!! wired money back yesterday and it was at 1009, lowest i've seen in like forever
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Derrek



Joined: 15 Jan 2003

PostPosted: Mon Apr 25, 2005 4:04 pm    Post subject: Reply with quote

I'm wiring today!
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Real Reality



Joined: 10 Jan 2003
Location: Seoul

PostPosted: Mon Apr 25, 2005 4:27 pm    Post subject: Reply with quote

Exchange Rates
2,000,000 won at 1000 KRW to US$1 (Almost today's rate; February 2005)
........ $US2,000........

Exchange Rate History

2,000,000 won at 793 KRW to US$1 (note: 793 KRW to US$1 in January 1995)
........ $US2,522........
2,000,000 won at 1707 KRW to US$1 (note: 1707 KRW to US$1 in January 1998)
........ $US1,172........
2,000,000 won at 1130 KRW to US$1 (note: 1130 KRW to US$1 in January 2000)
........ $US1,770........
2,000,000 won at 1176 KRW to US$1 (note: 1176KRW to US$1 in January 2003)
........ $US1,701........

Historical Look at the Exchange Rate by Year (Five year interval)

2000 - South Korean Won to 1 USD
January: 1130.99 KRW
February: 1129.75 KRW
March: 1116.39 KRW
April: 1110.32 KRW
May: 1119.49 KRW
June: 1117.93 KRW
July: 1115.08 KRW
August: 1114.47 KRW
September: 1117.57 KRW
October: 1131.1 KRW
November: 1156.54 KRW
December: 1216.93 KRW
http://www.x-rates.com/d/KRW/USD/hist2000.html

1995 - South Korean Won to 1 USD
January: 793.08 KRW
February: 793.2 KRW
March: 781.81 KRW
April: 770.61 KRW
May: 764.43 KRW
June: 763.88 KRW
July: 760.05 KRW
August: 767.42 KRW
September: 772.04 KRW
October: 767.2 KRW
November: 769.78 KRW
December: 771.31 KRW
http://www.x-rates.com/d/KRW/USD/hist1995.html

1990 - South Korean Won to 1 USD
January: 686.184 KRW
February: 692.474 KRW
March: 700.495 KRW
April: 708.715 KRW
May: 711.848 KRW
June: 718.071 KRW
July: 718.745 KRW
August: 718.259 KRW
September: 717.874 KRW
October: 717.761 KRW
November: 717.03 KRW
December: 718.575 KRW
http://www.x-rates.com/d/KRW/USD/hist1990.html

Historical Comparison of Korean Won and Japanese Yen

Korean Won to USD
1992 - 2,000,000 won at 767 KRW to US$1 (January 1992)........ $US2608........
1993 - 2,000,000 won at 795 KRW to US$1 (January 1993)........ $US2515........
1994- 2,000,000 won at 813 KRW to US$1 (January 1994)........ $US2460........
1995 - 2,000,000 won at 793 KRW to US$1 (January 1995)........ $US2522........
1996 - 2,000,000 won at 787 KRW to US$1 (January 1996)........ $US2541........
1997 - 2,000,000 won at 854 KRW to US$1 (January 1997)........ $US2341........
2005 - 2,000,000 won at 1000 KRW to US$1 (Almost today's rate; February 2005) ........ $US2000........

Japanese Yen to USD
1992 - Japanese Yen to 1 USD January: 125 JPY, February: 128 JPY
1993 - Japanese Yen to 1 USD January: 125 JPY, February: 121 JPY
1994 - Japanese Yen to 1 USD January: 111 JPY, February: 106 JPY
1995 - Japanese Yen to 1 USD January: 100 JPY, February: 98 JPY
1996 - Japanese Yen to 1 USD January: 106 JPY, February: 106 JPY
1997 - Japanese Yen to 1 USD January: 117 JPY, February: 123 JPY
2005 - Japanese Yen to 1 USD January: 103 JPY, February: 105 JPY
http://www.x-rates.com/cgi-bin/hlookup.cgi
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Kiddirts



Joined: 25 Jul 2003

PostPosted: Mon Apr 25, 2005 5:00 pm    Post subject: hmm Reply with quote

didn't it hit 997 five weeks ago? I'm ecstatic too, does that mean we'll all be here another year?
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Real Reality



Joined: 10 Jan 2003
Location: Seoul

PostPosted: Mon Apr 25, 2005 5:24 pm    Post subject: Reply with quote

The exchange rate is "good" at 787 KRW to US$1. Today's rate is still not very good for those that need to exchange money often.
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inthewild



Joined: 28 Mar 2004
Location: Korea

PostPosted: Mon Apr 25, 2005 5:26 pm    Post subject: Reply with quote

Isn't it expected to bounce back up instead, given the current political situation? Instead of drop to 787...
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bfloyd1381



Joined: 04 Feb 2005

PostPosted: Mon Apr 25, 2005 5:42 pm    Post subject: Reply with quote

I read this morning that it droped mainly due to pressure for China to revalue its currency. So I suppose if China does infact revalue it's currency, then The Won will continue to get stronger.
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weatherman



Joined: 14 Jan 2003
Location: Korea

PostPosted: Mon Apr 25, 2005 5:42 pm    Post subject: Reply with quote

I'd be happy with it about 900 or a little lower.
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supernick



Joined: 24 Jan 2003
Location: Seoul

PostPosted: Tue Apr 26, 2005 1:32 am    Post subject: Reply with quote

Quote:
I'd be happy with it about 900 or a little lower.


I said before that it will be around 950 by the end of summer. I f I'm wrong, I can eat crow. It's not so bad if you remove the feathers. Very Happy
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JongnoGuru



Joined: 25 May 2004
Location: peeing on your doorstep

PostPosted: Tue Apr 26, 2005 2:07 am    Post subject: Reply with quote

I've had roasted, skewered sparrow before. At a pojangmacha (where else?). One of the strangest things I'd tried up to that point. Can't remember now how it tasted. It was so small. Small, cheap, and skewered rather grimly on one of those long, thin, pokey, wooden... um... skewers, I guess they were. Best eaten with soju by the bootfull.
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Saxiif



Joined: 15 May 2003
Location: Seongnam

PostPosted: Tue Apr 26, 2005 6:16 am    Post subject: Reply with quote

Real Reality wrote:
The exchange rate is "good" at 787 KRW to US$1. Today's rate is still not very good for those that need to exchange money often.


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