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1060:1 Won:Canadian Dollar
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Darkness



Joined: 12 Oct 2006

PostPosted: Mon May 26, 2008 4:13 pm    Post subject: 1060:1 Won:Canadian Dollar Reply with quote

I wish this country had guns, so I could shoot myself....


Anytime I'm getting less less Canadian money then won, it drives me mad..


*beep*.........this sucks!! Last year I was getting 850:1

It's almost not worth it anymore...if it wasn't for the ridiculous amount of vacation I get. If I didnt have debts back at home, I wouldn't be complaining, I wouldn't care, I'd invest in something else...
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Mr. Pink



Joined: 21 Oct 2003
Location: China

PostPosted: Mon May 26, 2008 4:21 pm    Post subject: Reply with quote

yup...i hope it gets better before i gotta bail in a couple months. I'd even take 1000 right about now...

if you consider all the jobs in Alberta atm, it really isn't worth being a Canadian on an E2 visa. 2.2-2.5mil isn't much...there are way better jobs out there in Canada.
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marlow



Joined: 06 Feb 2005

PostPosted: Mon May 26, 2008 4:34 pm    Post subject: Reply with quote

It will recover within five years, but coming here is not worth it if you are short term. Stay in Canada.
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TexasPete



Joined: 24 May 2006
Location: Koreatown

PostPosted: Mon May 26, 2008 5:28 pm    Post subject: Reply with quote

What's really infuriating is that it's the k-governments own policy--to intentionally tank their own currency in the hopes that it increases their export sales. I'm sure it also has something to do with increasing consumption of domestically produced goods too. Seriously what better way to combat the passing of FTA? All those economic barriers are supposed to go down, but if their money isn't worth crap, they'll still buy domestic even if the imports are MUCH better.

At least the K-government's policy makes sense to them--my country's tanking dollar is from sheer incompetence, idiocy and personal greed.
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Darkness



Joined: 12 Oct 2006

PostPosted: Mon May 26, 2008 5:57 pm    Post subject: Reply with quote

Ya the way the won is going, it's going to attract less and less teachers. I wish I could teach back home, as I love doing it, but need to pay off some bills, and save up to go back to school first....

I HATE the exchange rate right now.....
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Zutronius



Joined: 16 Apr 2007
Location: Suncheon

PostPosted: Mon May 26, 2008 6:08 pm    Post subject: Reply with quote

It hurts.
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Darkness



Joined: 12 Oct 2006

PostPosted: Mon May 26, 2008 6:14 pm    Post subject: Reply with quote

It's making me less tolerable of being here. It really sucks, cause I really love my job...for the first time since working a part time job at a bar.

But losing $200-$400cdn/month is killing me....fuckers.
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Kimchi Cha Cha



Joined: 15 May 2003
Location: was Suncheon, now Brisbane

PostPosted: Mon May 26, 2008 7:52 pm    Post subject: Reply with quote

Yeah, I was planning on sending money home this afternoon until I saw this.
The Australian dollar has broken the 1000 won barrier, this is unheard of. No wonder no one's coming here now, the main drawcard to this place - savings potential - has evaporated.

Makes me wish I was more frugal with my money during 2006 and 2007 when the AUD - won exchange was much more beneficial.
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marlow



Joined: 06 Feb 2005

PostPosted: Mon May 26, 2008 7:59 pm    Post subject: Reply with quote

Kimchi Cha Cha wrote:
No wonder no one's coming here now, the main drawcard to this place - savings potential - has evaporated.


I wonder if this is true. I suspect it is, as there have been scads of programs designed to open the gates for low-qualification teachers, but I'd like to see the fit hit the shan big time on a teacher shortage. I'm sure Koreans would just give up on English rather than pay more to attract people.
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loose_ends



Joined: 23 Jul 2007

PostPosted: Mon May 26, 2008 8:30 pm    Post subject: Reply with quote

I feel really sorry for those that have large key deposits down and are planning on leaving in 2008.....myself included Sad

Nothing like losing $15 000 CDN during the course of a year. Shocked
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cdninkorea



Joined: 27 Jan 2006
Location: Seoul

PostPosted: Mon May 26, 2008 8:52 pm    Post subject: Reply with quote

According to www.xe.com on Tuesday May 27th at 1:49 pm Korean time (now) 1,000,000원 is $945.77 Cdn.

This is by far the worst it has ever been in my time here; it wasn't long ago when it was almost $1200.
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Darkness



Joined: 12 Oct 2006

PostPosted: Mon May 26, 2008 9:41 pm    Post subject: Reply with quote

Ya it wasn't that long ago that it was $1200.....this SUCKS.

I'm holding out until next month to send more money home, in hopes it evens out a bit more.....god dammit!!
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SuperHero



Joined: 10 Dec 2003
Location: Superhero Hideout

PostPosted: Mon May 26, 2008 11:03 pm    Post subject: Reply with quote

I remember when cad$1 = 650 won.
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yupkime



Joined: 03 Nov 2004
Location: Somewhere far away from Seoul

PostPosted: Tue May 27, 2008 1:09 am    Post subject: Reply with quote

Great for me ... visiting for a short vacation next month!!
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Paddycakes



Joined: 05 May 2003
Location: Seoul

PostPosted: Tue May 27, 2008 1:31 am    Post subject: Reply with quote

I'm paid in Euros, so all I can say is: Hahahhahahahhahhahahhahahaha!
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