Is the US$ exchange rate to your advantage?

I am US, but I live on the Canadian border. For awhile the Canadian exchange rate was par (equal) and that is when a lot of Canadians started coming down and buying. Then it went up to some cents above and more Canadians came down. We have less of a recession here (US border towns)because of the Canadians coming down and buying from us, but now their money is 82 cents to our US dollar, so I'm sure they will stop coming down so much soon. It's too bad, I really like talking to them in English and in French. Now, me financially, they don't help me very much. Only three families from Canada buy the dog food I sell. But they buy quite a bit at a time, so they do help some. $1.50 is really, really good. That must be quite exciting. I hope you're able to earn more American dollars online, we can all use more buying power these days. Especially at 1 1/2 times as much. Take care.

I have also been keeping my eye on this and although the british pound is doing badly when against the american dollar it means I am rewarded more online. A few days ago $1 was worth about 0.57p but now when I checked it it has risen to 0.63p. It's definately a good thing to keep yourself up to date with the value of the dollar against the pound.

I have not checked it during this week. I have just checked xe.com and it says that 1USD = 0.787405 Euros. I am glad that your currency is doing good compared with us dollars. © ronaldinu 2008

Hi SydneyHazelton, I live in Canada and just a couple of months ago, I was losing money, as our dollar was worth more than the American. Now our dollar is worth just over eighty cents American so it will now help me as well. It is bad if one is importing and good if we are exporting and that's what we are doing here. Blessings

in some way it is and in some part it doesn't affect at all. just like my case, i work in a country where US dollar fall down is not greatly affected, so you can hardly felt any change at all. on the other side, since i came from the philippines, it is beneficial to me whenever i sent money to the philippines. i send less and they gonna get more there whereas before, i gonna send more and get the same. did i make any sense? oohhh btw, i remembered just now that you are from singapore. my sister started working in one of the bank (i think the name is shinsei along maritime square) there just last july.

At the moment I can look at this in two front. One is if I receive payment outside the country in dollars it is davantageous to me because the current exchange rate has gone up to $1 to Kshs 76. It is only to my disdavantage when buying something outside Kenya where I have to loose money because this banks are not giving fair deal when buying dollars, whareas in bereau dechange you will buy a dollar at $74, the bank will sell you the same dollar at 79 or even $80.

Our Canadian dollar is low so if I am going to buy something made in Canada or someplace with a lower exchange rate and I get paid by Paypal it is for our advantage. HOwever, if I want to buy something made in the States and get paid in Canadian dollars, it is a disadvantage.

Honestly, for me it is. I am here in the states and sending some money to my family back in the Philippines. The last time I sent them money the rate of dollar in peso was only 45$. Now it raised to 47.60+ For Filipino working abroad and with the families in the Philippines it is really advantage because for the past few months or should I say years the rate of dollar in peso was really bad. The OFW benefits of the high dollar to peso exchange, but the Philippines are in a bad situation. But admit it or not even the dollar to peso exchange may be good or bad the Philippines are always in bad shape.

Hi there. I think our peso now is P48 against the US$. I believe that many overseas workers here in my country are pleased with that because it means more money for every dollar they earn abroad. It's not that advantageous for us who work locally though.

I'm from the Philippines and yes, exchange rate is an advantage for me and my family. My mom works overseas and she sends us dollars every month so it would only mean that we get relatively more. And since I have sidelines online then my earnings are a little higher. Yey. But I don't know if I should be completely happy about this. I don't know how it's going to affect my country as a whole.

hi i AM AN INDIAN.THE VALUE OF RUPEE HAS GONE RECORD BREAKING DOWNWARDS AND IT HAS REACHED AN ALL TIME LOW OF RS 50 AGAINST A USDOLLAR.BUT SOME EXPERIENCED SHARE HOLDERS SAY THAT WE HAVE TO BUY SHARES RIGHT NOW AS THEIR PRICE HAS DECREASED REASONABLY SO THAT THEIR VALUE CAN INCREASE AFTERWARDS.AND ALS A BLESSING IN DISGUISE THE PRICE OF PETROLEUM HAS DECREASED AND REASONABLY HAS DONE GOOD FOR US.SO THE VOLATILE TIME WILL BE GONE AFTER SOMETIME.

No i don't think so.

I think it's like 47 pesos to a dollar in my home country Philippines. I wish it was like 56 pesos like it used to be. LOL prices in the Philippines are getting more expensive as well

USD$1= NZD$1.70 Not much really =[

You are right. US currency has become stronger and thus the exchange rate. You know that I too is from Singapore and the exchange rate of our currency against US currency has soared. We can earn more by working harder. Best of Luck to you!

I live in Europe and the Euro used to be strong against the US dollar a few months ago, but not anymore! It has been slowly going down and down, which is better for exporters, but not for real people like me!

At this moment in time the US rate is good for me but a month or so back it was really causing me some headaches. I get paid in US dollars and then convert to Australian dollars and at one stage the USD/AUD comparison was almost one to one! Now that the US dollar has strengthened it means that I too can get more bang for my buck on the exchange compared to before. I just hope that oil stays low per barrel so that it stays this way for some time.

Here in the Philippines US$ is now getting strong. And since I'm planning to buy a very important item in the net that has value in US$ I find it disavantage on my part. That's why I'm trying to be more active so I will earn a lot of dollar so I will not be needing to buy dollar which will cost me a lot for sure.

I'm quite excited as well cause 1 US$ currently costs 2,31 R$ (Brazilian Real). That's quite a lot cause, 1 month ago, it was costing 1,61. Of course that prices of imported products will rise and i'm looking forward to buy one...

Hi there. I must admit that for me living in South Africa, the Rand/Dollar is to my advantage. I am looking forward to earning Dollars as the R/$ is now R9 to the $. I have read quit a few of the responses to your discussion and must say that basic commodities and essentials are also expensive in our country, so .......like they say......make hay while the sun shines !!