I always estimated the Euro - US rate at 2:1. Now it seems that the rate is changing in favor of US consumers of Euro priced goods.
Two questions for people selling Euro priced Atari devices...
1) Have/will you adjust your prices (i.e, is this euro-inflation)?
2) Does this impact your bottom line?
If the answers to 1 and 2 are no, why aren't you guys shouting about this on AA?
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EURO FALLS BELOW $1.25
Started by WizWor, Today, 1:53 PM
4 replies to this topic
#2 ONLINE
Mathy
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- 1,167 posts
Stargunner
- Location:Heerlen, NL
Posted Today, 1:56 PM
Hello WizWor
The Euro to USD rate never was 2:1. At it's highest point, it was slightly over 1,3:1, maybe even 1,4:1, but never higher.
Mathy
The Euro to USD rate never was 2:1. At it's highest point, it was slightly over 1,3:1, maybe even 1,4:1, but never higher.
Mathy
#3 ONLINE
WizWor
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- 342 posts
Moonsweeper
- Location:Danville, NH
Posted Today, 2:07 PM
So, I'm getting excited for nothing? LOL -- nothing new. Just the same, are these available at the current rates? Seem like a bargain to me.
SIO2SD
AtariAge user lotharek (Euro 76.25 with case)
AtariAge user mega-hz (Euro 80 with case, Euro 35 without case)
AtariAge user Pigula (Euro 40 without SIO cable/connector)
AtariAge user santosp (Euro 50 with case)
SDRIVE
AtariAge user santosp (Euro 45 with case)
SIO2SD
AtariAge user lotharek (Euro 76.25 with case)
AtariAge user mega-hz (Euro 80 with case, Euro 35 without case)
AtariAge user Pigula (Euro 40 without SIO cable/connector)
AtariAge user santosp (Euro 50 with case)
SDRIVE
AtariAge user santosp (Euro 45 with case)
Edited by WizWor, Today, 2:07 PM.
#4 ONLINE
Faicuai
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- 406 posts
Moonsweeper
- Location:Florida, U.S.A.
Posted Today, 2:20 PM
...Very unlikely for the Euro to ever reach a 2:1 valuation, with respect the U.S. $.
The Euro (even at $1.35/$) is already over-valuated (in PPP terms) by about 30% with respect the U.S. $. It should remain / hovering around $1.20/Euro, for the rest of the year.
There is little else left for the Euro, for now, except falling, at least during this year. If they don't really resolve (in 12 months) what they have not fixed in 15-years, Europe will be in DEEP do-do (deeper than anything we have yet seen in the U.S.).
The U.S. $ will eventually rule (yet again, and for the time being), not because it is much better (fundamentally), but because it exists in a more cohesive environment, it is better regulated, it offers MASSIVE liquidity, and (to top it off), the U.S. has ZERO debt (virtually none, whatsoever) in any other currency, except the U.S. $., for which the U.S. is the ONLY issuer on this planet, and within which 2/3rds of global reserves are concentrated.
The Euro (even at $1.35/$) is already over-valuated (in PPP terms) by about 30% with respect the U.S. $. It should remain / hovering around $1.20/Euro, for the rest of the year.
There is little else left for the Euro, for now, except falling, at least during this year. If they don't really resolve (in 12 months) what they have not fixed in 15-years, Europe will be in DEEP do-do (deeper than anything we have yet seen in the U.S.).
The U.S. $ will eventually rule (yet again, and for the time being), not because it is much better (fundamentally), but because it exists in a more cohesive environment, it is better regulated, it offers MASSIVE liquidity, and (to top it off), the U.S. has ZERO debt (virtually none, whatsoever) in any other currency, except the U.S. $., for which the U.S. is the ONLY issuer on this planet, and within which 2/3rds of global reserves are concentrated.
#5 OFFLINE
high voltage
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- 1,569 posts
Stargunner
- Location:America, Asia, Europe, Aus, Antartica, Africa, Outer Space
Posted Today, 2:27 PM
I thought US is bankrupt like Greece. It seems Obama is printing money like monopoly money
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