USD down 42% 2001-2011 against SEK. - GoFuckYourself.com

ToBad · 03-24-2011, 03:16 AM

Whats going on in the US of A?

In 2001 I got 10,95 swedish crowns for every 1 USD. Now I only getting 6,34.
So the USD is down 42% against the swedish crowns and that suck.

Will the USD be as strong as back in 2001 do you tink?

Will USA be the new Thailand?

Nicky · 03-24-2011, 03:22 AM

Yea It's sucking major balls. It's like a income loss of 42% straight up.

StariaDaniel · 03-24-2011, 03:26 AM

Well, you should take a look at the programs in Europe (and paying in Euro).

SEK > EUR 2001 around 9,xxxx SEK = 1 EUR
SEK > EUR today 8,9295 SEK = 1 EUR

strobi · 03-24-2011, 03:30 AM

Buy gold! The dollar is going down...

Jdoughs · 03-24-2011, 03:30 AM

Same shit up here in Canada, we used to get $1300-$1400 per $1,000 US now we're lucky to get $950.

HomerSimpson · 03-24-2011, 07:34 AM

USD is almost useless in Europe...

Deputy Chief Command · 03-24-2011, 07:37 AM

Quote:

Originally Posted by HomerSimpson

USD is almost useless in Europe...

but to Europeans it is very good to go on holiday in the states now.. very cheap hotels .. good for shopping

Adraco · 03-24-2011, 08:02 AM

This shows clearly why you should always try to have your major costs in the same currency as your main income. Because otherwise you take on a huge currency exchange risk.

Say you had a server in Sweden but income in USD and the server costed you 100 SEK per month (in 2001 say $10)

So now, your server still costs 100 SEK but you would now have to pay ~$15 since it's now at around 6 SEK per USD or something.

Clearly shows what risks are involved in doing cross border businesses. It can of course go the other way around too, so it's a game of ups and downs.

Barry-xlovecam · 03-24-2011, 08:28 AM

woj · 03-24-2011, 08:43 AM

$1 USD is still $1 USD here

03-24-2011, 03:16 AM	#1
ToBad Confirmed User Industry Role: Join Date: Jul 2002 Posts: 319	USD down 42% 2001-2011 against SEK. Whats going on in the US of A? In 2001 I got 10,95 swedish crowns for every 1 USD. Now I only getting 6,34. So the USD is down 42% against the swedish crowns and that suck. Will the USD be as strong as back in 2001 do you tink? Will USA be the new Thailand?

03-24-2011, 03:22 AM	#2
Nicky Judge Jury and Executioner Industry Role: Join Date: Mar 2003 Location: Sweden Posts: 30,069	Yea It's sucking major balls. It's like a income loss of 42% straight up. __________________ gfynicky @ gmail.com

03-24-2011, 03:26 AM	#3
StariaDaniel Confirmed User Join Date: Oct 2007 Location: Netherlands Posts: 415	Well, you should take a look at the programs in Europe (and paying in Euro). SEK > EUR 2001 around 9,xxxx SEK = 1 EUR SEK > EUR today 8,9295 SEK = 1 EUR __________________ YezzClips.com - Sell your clips and photosets - Promote YezzClips Clipstores and get 20% revshare for life YooGirls.com - Sell your non-nude content - Promote Yoogirls Clipstores and get 20% revshare for life [email protected] • ICQ #464114379

03-24-2011, 03:30 AM	#5
Jdoughs Confirmed User Industry Role: Join Date: Mar 2004 Location: Great White North Posts: 5,794	Same shit up here in Canada, we used to get $1300-$1400 per $1,000 US now we're lucky to get $950. __________________ LinkSpun - Premier Adult Link Trading Community - ICQ - 464/\281/\250 Be Seen By New Webmasters/Affiliates * Target out webmasters/affiliates based on niches your sites are for less than $20 a month. AmeriNOC - Proudly hosted @ AmeriNOC!

03-24-2011, 07:34 AM	#6
HomerSimpson Too lazy to set a custom title Industry Role: Join Date: Sep 2005 Location: Springfield Posts: 13,826	USD is almost useless in Europe... __________________ Make a bank with Chaturbate - the best selling webcam program Ads that can't be block with AdBlockers !!! /// Best paying popup program (Bitcoin payouts) !!! PHP, MySql, Smarty, CodeIgniter, Laravel, WordPress, NATS... fixing stuff, server migrations & optimizations... My ICQ: 27429884 \| Email:

03-24-2011, 03:30 AM	#4
strobi Confirmed User Join Date: Nov 2002 Location: Belgium Posts: 7,383	Buy gold! The dollar is going down...

03-24-2011, 08:02 AM	#8
Adraco Confirmed User Industry Role: Join Date: May 2009 Location: Onboard an airplane around the globe Posts: 3,733	This shows clearly why you should always try to have your major costs in the same currency as your main income. Because otherwise you take on a huge currency exchange risk. Say you had a server in Sweden but income in USD and the server costed you 100 SEK per month (in 2001 say $10) So now, your server still costs 100 SEK but you would now have to pay ~$15 since it's now at around 6 SEK per USD or something. Clearly shows what risks are involved in doing cross border businesses. It can of course go the other way around too, so it's a game of ups and downs. __________________ ---------------------------------------------------------------------------------- The truth is not affected by the beliefs, or doubts, of the majority.

03-24-2011, 08:28 AM	#9
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083

03-24-2011, 08:43 AM	#10
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	$1 USD is still $1 USD here __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager