Korean Job Discussion Forums

CabbageTownRoyals · Joined: 14 Sep 2006

I know there's often confusion about exhanges rates in conversation on this forum. TO keep it simple, the higher the dollar, the less money we get when we exchange our Korean won into NZ dollars.
So, high = bad
low = good

Yu_Bum_suk · Joined: 25 Dec 2004

Go up relative to what? The Kiwi dollar could 'go up' relative to the US dollar and still 'go down' relative to the won.

crazylemongirl · Joined: 23 Mar 2003 Location: almost there...

I've been here when the dollar was buying 800won+ but it's back down where it was when I first arrived Very Happy

Rapacious Mr. Batstove · Joined: 26 Jan 2007 Location: Central Areola

http://www.x-rates.com/d/KRW/NZD/graph120.png

Not too bad I guess. It was 755W to the NZ Dollar when I was in the ROK in 05. Apparently it got down to 400W to the dollar in 02, hope that happens again.

Cheonmunka · Joined: 04 Jun 2004

jaganath69 · Joined: 17 Jul 2003

You mean you guys aren't using pebbles and shiney glass beads anymore?

Sleepy in Seoul · Posted: Mon Feb 05, 2007 4:10 am Post subject:

rednblack · Joined: 12 Jun 2006 Location: In a quiet place

It was 480w to the NZ$ when I arrived in 2000 and quickly moved up to 520. I can't ever remember it being as low as 400, in the years since.

Sleepy in Seoul · Posted: Mon Feb 05, 2007 6:13 am Post subject:

I remember it being 560 won to the dollar when I first came here in 2001. In 2003 it shot up to over 800 Sad

jaganath69 · Joined: 17 Jul 2003

CabbageTownRoyals · Joined: 14 Sep 2006

I'm still none-the-wiser, anyways cheers for your comments. Think I'll not-put all the eggs in one basket.