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Why is the Dollar gone so expensive

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Togdeer
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Why is the Dollar gone so expensive

Postby Togdeer » Sun Mar 22, 2015 3:53 pm

Dollar price has gone though the roof. Last week I was sending money back home using Dahabshiil and they were charging £72.08 per $100.
I've never seen the dollar like this before.

Puond is gone up.
Euro is gone down.
But the Doller has gone through the roof. Its almost as high as the Euro

Itrah
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Re: Why is the Dollar gone so expensive

Postby Itrah » Sun Mar 22, 2015 3:58 pm

Oil is tanking. All those USD derivatives need to be paid back increasing demand for dollars. The dollar has an inverse relationship with the price of crude oil. Also the ECB and BOJ (2nd/3rd most important central bank) launched QE recently while the fed ended QE in October.
Last edited by Itrah on Sun Mar 22, 2015 4:43 pm, edited 2 times in total.

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HooBariiska
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Re: Why is the Dollar gone so expensive

Postby HooBariiska » Sun Mar 22, 2015 3:59 pm

fokn hate to be an aussie right now, 7 months ago one aussie dollar was like 1.08 US american. Highest its ever been

Now its like 0.76

FML

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CigaalSHiiDaaDCFC
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Re: Why is the Dollar gone so expensive

Postby CigaalSHiiDaaDCFC » Sun Mar 22, 2015 3:59 pm

i know its crazy, i sent about 10k last week, and paid more then 2500 extra, at at rate of 1.30, so we pay 130 candaian for 100 usd its RIDICULOUS :tocry:

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GAMES
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Re: Why is the Dollar gone so expensive

Postby GAMES » Sun Mar 22, 2015 4:00 pm

It's inflation sxb, everything goes up. My grocery bill is $30 more than it was a yr ago. The price of milk and meat all went up too.

Itrah
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Re: Why is the Dollar gone so expensive

Postby Itrah » Sun Mar 22, 2015 4:01 pm

fokn hate to be an aussie right now, 7 months ago one aussie dollar was like 1.08 US american. Highest its ever been

Now its like 0.76

FML
It can go even much lower.

Aussie dollar was only worth 0.48 USD back in 2001.

EUR = 0.85 USD in 2001

GBP = 1.36 USD in 2001

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Re: Why is the Dollar gone so expensive

Postby FAH1223 » Sun Mar 22, 2015 4:06 pm

America is back in business.

That exchange rate is gonna be so fun when I travel during the summer :blessed:

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Re: Why is the Dollar gone so expensive

Postby MujahidAishah » Sun Mar 22, 2015 4:34 pm

Dollar price has gone though the roof. Last week I was sending money back home using Dahabshiil and they were charging £72.08 per $100.
I've never seen the dollar like this before.

Puond is gone up.
Euro is gone down.
But the Doller has gone through the roof. Its almost as high as the Euro

2008 it was £79 to the dollar

The olden day £49 to the dollar ilhay barwaaqada haa noo soo ceesho :blessed:

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Methylamine
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Re: Why is the Dollar gone so expensive

Postby Methylamine » Sun Mar 22, 2015 4:36 pm

No more cross border shopping :tocry:

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Re: Why is the Dollar gone so expensive

Postby Present » Sun Mar 22, 2015 4:40 pm

This is pure extortion :down:

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Smile-LiKe-SuN-RiSE
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Re: Why is the Dollar gone so expensive

Postby Smile-LiKe-SuN-RiSE » Sun Mar 22, 2015 4:41 pm

America is back in business.

That exchange rate is gonna be so fun when I travel during the summer :blessed:
:blessed:

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Re: Why is the Dollar gone so expensive

Postby Bella18 » Sun Mar 22, 2015 4:44 pm

fokn hate to be an aussie right now, 7 months ago one aussie dollar was like 1.08 US american. Highest its ever been

Now its like 0.76

FML
Absolute nightmare when you constantly have to send money back home :sadcam:

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Togdeer
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Re: Why is the Dollar gone so expensive

Postby Togdeer » Sun Mar 22, 2015 4:59 pm

I don't understand when it comes to pound vs dollar.
The pound is also doing very well, Briton has the fastest growing economy in Europe.
The London stock exchange has reached its record level since 1999.
Unemployment is at its lowest level since record began.
Lowest number of people claiming welfare benefits...

I don't know what it is,
its like the dollar is on steroids.

Itrah
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Re: Why is the Dollar gone so expensive

Postby Itrah » Sun Mar 22, 2015 5:10 pm

I don't understand when it comes to pound vs dollar.
The pound is also doing very well, Briton has the fastest growing economy in Europe.
The London stock exchange has reached its record level since 1999.
Unemployment is at its lowest level since record began.
Lowest number of people claiming welfare benefits...

I don't know what it is,
its like the dollar is on steroids.
inverse relationship with crude oil.

low crude = high dollar
high crude = low dollar

Image
Image

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DR-YALAXOOW
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Re: Why is the Dollar gone so expensive

Postby DR-YALAXOOW » Sun Mar 22, 2015 5:28 pm

its same here in sweden.. 1 dollar was 6.30 kronor just couple of month ago. today is almost 9 kronor 30% increas... lacagtii aan somaliya u diri jirnay waa too much qaali....


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