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Re: A worth of a dollar???
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Posted by Peanut on December 30, 2004 at 17:09:37 from (220.127.116.11):
In Reply to: A worth of a dollar??? posted by KatG on December 30, 2004 at 16:50:52:
Its worth a dollar in the USA only. Beyond that you are subject to currency exchange. A buck in the USA might get you 87 cents worth of stuff in Canada (just a guess, I dont know the current exhcange rate).
When I was stationed in Okinawa while in the USMC, the exchange rate was roughly 270 Yen to 1 Dollar. That meant I could buy slightly twice more "stuff" than the average Okinawan making the same chump change the Marines paid. Good thing since the Marines paid below the USA poverty level.
Go to Mexico with $100 US Dollars and you'll have more than 100 Pesos.
Go to Germany and try to exchange your $100 US Dollars for 100 Euros ... they'll laugh at you. The Euro is valued higher than a US Dollar. That is probably what Matt was talking about. The Euro has jumped in value in the last three months to exceed the US Buck. Not many National Currencies are valued higher than a US Dollar but there are some.
It changes daily too.
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