Foreign Money Exchange Rates

Something isn't right.
The yen went from like 148 yen to the dollar then dropped to 130 yen to the dollar and now back over 136 yen to a dollar in a very short time.
The English money , well, I can't explain it, but if you are from there and want to travel to America, it cost a sh55 load more money these days.

Anyone here works the money exchange stuff. In this country, it is tightly censured with some paper work. I do all my international payments in dollars and its a lengthy process for me to get dollars here. Also one can not just get a few dollars at a time. The packets only come in 100 dollars, 500 dollars and 1000 dollar packets.

a reply to: musicismagic

In the last few months the USD against the Mexican peso has dropped substantially. Exchange was above 20:1 just a few months ago. I just checked the rate on my transfer service and it's below 18:1 for the first time in a very long time.

originally posted by: incoserv
a reply to: musicismagic

In the last few months the USD against the Mexican peso has dropped substantially. Exchange was above 20:1 just a few months ago. I just checked the rate on my transfer service and it's below 18:1 for the first time in a very long time.

It's getting bad, isn't it.

For me, if the goes up ( 130 to 180 ) that means my US SS check into yen means a good increase.

Are you living in Mexico now? How are the prices there?

The value of money against other money around the world is one of the greatest scams there is. It is highly manipulated by those at the top of countries. It's manipulation is used to suppress other countries economies or boost the value of what your currency is worth. Nothing is real these days anymore. It almost feels like we are living in a reality that is not real, it is created by people with power over us.

originally posted by: rickymouse
The value of money against other money around the world is one of the greatest scams there is. It is highly manipulated by those at the top of countries. It's manipulation is used to suppress other countries economies or boost the value of what your currency is worth. Nothing is real these days anymore. It almost feels like we are living in a reality that is not real, it is created by people with power over us.

When I was stationed in Thailand, the baht was 20 to one dollar. I wonder what it is nowadays?
Just checked 20 baht is 58 cents .

originally posted by: musicismagic

originally posted by: incoserv
a reply to: musicismagic

In the last few months the USD against the Mexican peso has dropped substantially. Exchange was above 20:1 just a few months ago. I just checked the rate on my transfer service and it's below 18:1 for the first time in a very long time.

It's getting bad, isn't it.

For me, if the goes up ( 130 to 180 ) that means my US SS check into yen means a good increase.

Are you living in Mexico now? How are the prices there?

Inflation is a thing here. As expats of US origin, stuff is still chealer here than it'd be stateside, but even we are starting to feel the pinch a bit.

originally posted by: rickymouse
The value of money against other money around the world is one of the greatest scams there is. It is highly manipulated by those at the top of countries.

As is everything. Hell,. look at how the 'price' of gold and all precious metals is totally controlled/manipulated by the LBMA.

a reply to: tanstaafl

I am not attracted to gold at all. I do like the color of copper though. At least Silver has some medical value but you have to know how to use it.