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KoreanLifer
Joined: 30 Jan 2003
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 Posted: Mon Oct 25, 2004 6:10 pm Post subject: won vs. cdn$ |
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changing $ today at a 945 xchange rate!!!!!
is it worth it for Canucks to stay in Kr if won hits 1000w to cdn$?
with inflation goin through the roof here(cheese went from 4500w to 7500w recently at walmart)i am contemplating whether to stay another year! |
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the_beaver
Joined: 15 Jan 2003
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| Posted: Mon Oct 25, 2004 6:22 pm Post subject: Re: won vs. cdn$ |
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| KoreanLifer wrote: |
changing $ today at a 945 xchange rate!!!!!
is it worth it for Canucks to stay in Kr if won hits 1000w to cdn$?
with inflation goin through the roof here(cheese went from 4500w to 7500w recently at walmart)i am contemplating whether to stay another year! |
After selling Beaver's Wings the girlfriend and I put most of the money into Canadian dollars -- I'm loving this. |
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just because
Joined: 01 Aug 2003
Location: Changwon - 4964
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| Posted: Mon Oct 25, 2004 6:28 pm Post subject: |
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I don't send money home.
Secretly I'm hoping the exchange rate tanks and people don't want to come here...better for me.
Go up past 2000 won I hope. |
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paperbag princess
Joined: 07 Mar 2004
Location: veggie hell
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| Posted: Mon Oct 25, 2004 6:29 pm Post subject: |
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| it's so bad. i exchanged money the other day and i really don't know why i'm staying here at this crappy rate. |
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tomwaits
Joined: 05 Feb 2003
Location: PC Bong
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| Posted: Mon Oct 25, 2004 8:06 pm Post subject: |
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Wasn't 2 million won around 2600CDN a few years ago? Now closer to 2000CDN. Quite a dip. But you could say you are sending STRONGER dollars home if that's any consolation.  |
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Dalton
Joined: 26 Mar 2003
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| Posted: Wed Oct 27, 2004 6:01 am Post subject: |
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| The won seems to go up against the $CAD every fall and then drop in the spring. |
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trevorcollins
Joined: 02 Jul 2004
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| Posted: Wed Oct 27, 2004 6:31 am Post subject: |
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Best rate to US$ in 4 years right now.
It's definitely getting to the financial point where some of you C'nuks should leave, I think..... |
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phaedrus
Joined: 13 Nov 2003
Location: I'm comin' to get ya.
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peppermint
Joined: 13 May 2003
Location: traversing the minefields of caddishness.
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| Posted: Fri Nov 26, 2004 11:52 pm Post subject: |
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to the OP- change your bank. 
I wired cash home on Wednesday at 907W=1CAD, ten points above what it was trading according to www.xe.com. Just checked the site again and the rate has dropped a little. |
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captain kirk
Joined: 29 Jan 2003
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| Posted: Sat Nov 27, 2004 5:46 am Post subject: |
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| Would I be correct in thinking that if I change won into U.S. dollars, bring that back to Canada, then change the U.S. dollars into Canadian dollars I'd be ahead? Sounds like it. |
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gmat
Joined: 29 Jan 2003
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| Posted: Sat Nov 27, 2004 10:10 am Post subject: |
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Sorry Capt K:
If such an arbitrage situation lasted for more than 1 second, many people at the major banks/trading firms are not doing their jobs |
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bucheon bum
Joined: 16 Jan 2003
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| Posted: Sat Nov 27, 2004 3:35 pm Post subject: |
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| trevorcollins wrote: |
Best rate to US$ in 4 years right now.
It's definitely getting to the financial point where some of you C'nuks should leave, I think..... |
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Wangja
Joined: 17 May 2004
Location: Seoul, Yongsan
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| Posted: Sat Nov 27, 2004 3:52 pm Post subject: |
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Edit: CAD vs KRW
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SarcasmKills
Joined: 07 Apr 2003
Location: Seoul
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| Posted: Sat Nov 27, 2004 4:15 pm Post subject: |
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| Quote: |
| Would I be correct in thinking that if I change won into U.S. dollars, bring that back to Canada, then change the U.S. dollars into Canadian dollars I'd be ahead? Sounds like it. |
I have an American Dollar account at TD and if I wanted to wire money directly into that account from here, they'd first exchange it into Canadian Dollars and THEN into Yankee Greenback... it is a bit of a shame..
But if you had an American $ Account at a Canuck bank and then brought American Traveller's checks/cheques to the bank to deposit.. hmmm I wonder... |
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