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Why is the Yen worth so little...?

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[Quote] #1
21 Nov 2007 03:04
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Haylias
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Just a question.

Dunno why i asked really.


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[Quote] #2
21 Nov 2007 14:10
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ramunematt
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It’s all economics. Don’t worry, US currency is worth little also. I believe it is now worth less than Canadian currency.


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[Quote] #3
21 Nov 2007 14:13
Joined: 06 Jan 2006
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Cid
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HOLY SHIT IT WAS LUPUS!
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ramunematt wrote: It’s all economics. Don’t worry, US currency is worth little also. I believe it is now worth less than Canadian currency.



1 U.S. dollar = 0.976900217 Canadian dollars


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[Quote] #4
21 Nov 2007 14:56
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ramunematt
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Ah, so US currency is still worth slightly more. However, by this graph I don’t think it will be worth more than Canadian currency for long...


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[Quote] #5
21 Nov 2007 15:06
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Cid
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HOLY SHIT IT WAS LUPUS!
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Maybe, maybe not. A month or so back they were worth the exact same amount.


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[Quote] #6
21 Nov 2007 20:06
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Etain
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ramunematt wrote: Ah, so US currency is still worth slightly more. However, by this graph I don’t think it will be worth more than Canadian currency for long...



Actually the Canadian dollar is stronger than the US dollar currently. 1 US dollar is worth 98 cents Canadian. A US dollar is not equal to a complete Canadian dollar, it is less than. If it were the other way around, then 1 US dollar would equal something like $1.14 Canadian (that’s an example from back when the US dollar was significantly higher).

I don’t know if you can view ebay.ca properly when you live in the US, but for example a pair of Prada shoes is currently at $207 US. But for Canadians the current price is $204.


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Edited 21 Nov 2007 20:11 by Etain
[Quote] #7
22 Nov 2007 00:00
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PS3KICKS360 wrote: Just a question.

Dunno why i asked really.


Cus they have alot of em...I guess...

[Quote] #8
22 Nov 2007 02:05
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bAyBeE_ChRoNiC
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lol no Canadian dollar is gona be more than us for awhile cuz we suck right now.


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[Quote] #9
22 Nov 2007 12:11
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ramunematt
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Etain wrote:

ramunematt wrote: Ah, so US currency is still worth slightly more. However, by this graph I don’t think it will be worth more than Canadian currency for long...



Actually the Canadian dollar is stronger than the US dollar currently. 1 US dollar is worth 98 cents Canadian. A US dollar is not equal to a complete Canadian dollar, it is less than. If it were the other way around, then 1 US dollar would equal something like $1.14 Canadian (that’s an example from back when the US dollar was significantly higher).

I don’t know if you can view ebay.ca properly when you live in the US, but for example a pair of Prada shoes is currently at $207 US. But for Canadians the current price is $204.



Ha! I knew it!!


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[Quote] #10
12 Dec 2007 13:59
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THE_PAIN
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PS3KICKS360 wrote: Just a question.

Dunno why i asked really.




one reason for sure is that EXPORTS are the main source of income for the japanese&chinese

to make them cheaper, they devalue their currency so that when folks pay in DOLLARS, they get GREATER AMOUNTS of YEN

But since this makes IMPORTS more expensive.. its a bargain actually and the decision depends not only on the relative value of Imports & Exports but also on the level of development in the economy, nature & content of import/exports, socio-politcial conditions etc


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Etain wrote:

Cid Highwind wrote:
Moderator record hun, ..yada yada yada ..I was talking about, dearest. wink


Cid - don’t call me “hun” or “dearest” thanks.

Edited 12 Dec 2007 14:00 by THE_PAIN
[Quote] #11
12 Dec 2007 14:05
Joined: 08 Sep 2007
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zeta
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Cid wrote:

ramunematt wrote: It’s all economics. Don’t worry, US currency is worth little also. I believe it is now worth less than Canadian currency.



1 U.S. dollar = 0.976900217 Canadian dollars



I USD = 11 pesos


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[Quote] #12
12 Dec 2007 14:08
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Cid
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zeta_evolved wrote:

Cid wrote:

ramunematt wrote: It’s all economics. Don’t worry, US currency is worth little also. I believe it is now worth less than Canadian currency.



1 U.S. dollar = 0.976900217 Canadian dollars



I USD = 11 pesos



I’ll worry about that when I actually decide to travel to Mexico.


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Rise of Shinra

[Quote] #13
12 Dec 2007 14:09
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zeta
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Cid wrote:

zeta_evolved wrote:

Cid wrote:

ramunematt wrote: It’s all economics. Don’t worry, US currency is worth little also. I believe it is now worth less than Canadian currency.



1 U.S. dollar = 0.976900217 Canadian dollars



I USD = 11 pesos



I’ll worry about that when I actually decide to travel to Mexico.



lol


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[Quote] #14
13 Dec 2007 08:42
Joined: 26 Sep 2005
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THE_PAIN
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Itachi Uchiha


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Etain wrote:

Cid Highwind wrote:
Moderator record hun, ..yada yada yada ..I was talking about, dearest. wink


Cid - don’t call me “hun” or “dearest” thanks.

[Quote] #15
13 Dec 2007 09:29
Joined: 09 Mar 2007
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Otaku-sama
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$1 = 1,000 Korean won
$1 = 120.748 Japanese yen


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[Quote] #16
02 Jan 2008 14:09
Dr.Paul
Guest

This might answer you yen question...LONG read thoe!

http://www.apfn.org/apfn/reserve.htm

[Quote] #17
15 Aug 2008 11:31
Xx Bl00d xX
Guest

A Ugandan shilling is worth 0.67 yen meaning Ugandan is worth even less...

[Quote] #18
29 Aug 2008 21:10
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Shaun of the Living
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The Aussie dollar is going up right?


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[Quote] #19
29 Aug 2008 21:56
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Haylias
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Sean of the Living wrote: The Aussie dollar is going up right?


Yes, as is the NZ dollar. Its all to do with the American Economy.

And this is old. Real old.


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[Quote] #20
29 Aug 2008 22:02
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Shaun of the Living
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Crimson_Blade wrote:

Sean of the Living wrote: The Aussie dollar is going up right?


Yes, as is the NZ dollar. Its all to do with the American Economy.

And this is old. Real old.



Psh. So what? If we can’t revive old threads, that means we can never have an old discussion ever again, because we can’t make two of the same topic either.


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Edited 29 Aug 2008 22:03 by Shaun of the Living
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