Ask MetaFilter questions tagged with exchange and rate

converting dollars to cheese!

mustcatchmooseandsquirrel — Mon, 03 Mar 2008 09:13:32 -0800

I'm going to Europe for at least a year in September. When should I convert my dollars to euros? I know that if I were planning on staying in the US, converting money to different currencies would not be the best course of action. But what about in my specific situation?

I will probably be in France from at least September-June (longer if possible). There, I will only be making ~750 euros/month after taxes so I will want to use money that I have saved for this trip to supplement that. But! I'm worried that something awful will happen in the next six months and my US savings will be worth a more meager sum than they already are. (Am I on the wrong track here? Will the economic stimulus package fix everything?)

Would it be totally foolish to transfer my dollars to euros now? If so, when should I do it instead? (and how?)

How to make a small profit with currency if you have regular access to the Euro and Slovak Crown?

freddymetz — Sat, 24 Feb 2007 13:24:47 -0800

How to make a small profit with currency if you have regular access to the Euro and Slovak Crown? I'm not really sure how to phrase this question, but i am regularly in germany and slovakia and the euro has much more value than the slovak koruna (1 euro is 34.44 koruna). How do i make a small profit when using these two currencies?
and also how can i follow the exchange rate to make profit?

I'm going to Mexico, and I want a new Ipod!

theperfectcrime — Tue, 12 Dec 2006 22:39:17 -0800

Would I be able to purchase an 80 Gig Ipod more cheaply in Mexico City than in the US?

How to set up a US Dollar account from the UK?

robmanuel — Mon, 04 Dec 2006 04:26:20 -0800

Like many UK people, I earn some money in dollars: Adsense and Cafepress mostly. Whilst the exchange rate is poor, it would make a sense to leave this money in the US and only collect, as and when the rate changes significantly in my favour. Any one got any experience with a UK based person setting up US dollar savings account with good interest?

Is China keeping its currency undervalued a double edged sword for China?

studentguru — Sun, 23 Apr 2006 07:10:12 -0800

Is China keeping its currency undervalued a double edged sword for China? Economic question

Many experts seem to think that China purposefully keeps its currency undervalued in order to make its goods cheaper for exporting and its economy growing.

Assuming this is true, is there going to be any short term and long term negative consequences for China's economy with this policy?

If there is no downside to China for keeping the status quo, why would they want to revalue their currency upwards?

The only potential benefit I can see for China to revalues its currency upwards is to help fight domestic inflation. Because a stronger Yuen would bring in more imports and this could put a dampening effect on the ability of the competing local manufacturers to raise their prices , in order to fight for domestic customers to compensate , among other things, the loss of export orders.

From what I know , revaluing a country's exchange rate upwards by increasing the money supply could cause interest rate to fall , less incentive to save and more incentive for citizens to borrow money for consumption and investment and the internal economy to grow even faster , possibly eventually leading to overheating of the economy and runaway inflation; not to mention that a stronger currency could hurt China's exports?

Is there any other forum where I can ask economic related questions? I am studying economics on my own.

Exchange Rate Website?

billysumday — Thu, 13 Oct 2005 10:07:23 -0800

Is there a website that catalogs the daily exchange rates between countries? For example, if I wanted to know the exchange rate from Canadian to American dollars on July 27, 2005?