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Won to dollar exchange rates

 
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pkang0202



Joined: 09 Mar 2007

PostPosted: Tue Aug 28, 2007 8:26 pm    Post subject: Won to dollar exchange rates Reply with quote

I know its 941 won to $1 US today.

I was talking to a friend and they watch AFN all the time, and they said its been in the high 800's range for a while now.

Why would AFN broadcast a different exchange rate than the internet/banks/etc... have?
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Richard Krainium



Joined: 12 Jan 2006

PostPosted: Tue Aug 28, 2007 9:42 pm    Post subject: Reply with quote

Cause that what you'd get at the finance office or one of the banks on base. The military's official exchange rate. Consistently lower than off base.
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pest2



Joined: 01 Jun 2005
Location: Vancouver, Canada

PostPosted: Tue Aug 28, 2007 10:50 pm    Post subject: Reply with quote

Richard Krainium wrote:
Cause that what you'd get at the finance office or one of the banks on base. The military's official exchange rate. Consistently lower than off base.


That blows... military always gets shafted. Especially those lowly enlisted guys who barely leave base, i bet...

Still, they get to use the px, commisary, etc... and they can buy imported stuff with no tariff.
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Ya-ta Boy



Joined: 16 Jan 2003
Location: Established in 1994

PostPosted: Tue Aug 28, 2007 11:14 pm    Post subject: Reply with quote

Quote:
That blows


International finance is not your major, is it?
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dogshed



Joined: 28 Apr 2006

PostPosted: Tue Aug 28, 2007 11:44 pm    Post subject: Reply with quote

pest2 wrote:
Richard Krainium wrote:
Cause that what you'd get at the finance office or one of the banks on base. The military's official exchange rate. Consistently lower than off base.


That blows... military always gets shafted. Especially those lowly enlisted guys who barely leave base, i bet...

Still, they get to use the px, commisary, etc... and they can buy imported stuff with no tariff.


Would you like to join the military?
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ChinaBoy



Joined: 17 Feb 2007

PostPosted: Wed Aug 29, 2007 2:27 am    Post subject: Reply with quote

I would imagine they get paid in USD, and maybe don't have a passport to change it at banks, so they do get shafted

I'd like to join the military, yes
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sojourner1



Joined: 17 Apr 2007
Location: Where meggi swim and 2 wheeled tractors go sput put chug alugg pug pug

PostPosted: Wed Aug 29, 2007 3:33 am    Post subject: Reply with quote

Now if they were working for Won and it only took 800 Won to buy 1 US dollar, it would be a good deal. This is what I have been hoping to see this year.


US Army are earning US dollars and have to buy Won to go shop and drink off base.
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