Monday, April 7, 2008

A note on exchange rates

When I first got to Spain in January, to take 100eur out of the ATM cost me about $145. Now, to take 100eur out (That same 100eur that will be me the same amount of stuff I could get in January) costs $157, and going upward because the US's cut of 80,000 jobs last month has made foreign investors weary of American currency.

I've probably lost about $200 because of this! Maybe it's good I'm getting out while I can...

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