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Re: Euro down to $1.17
[Re: SXMWendell]
#34462
01/18/2015 09:20 AM
01/18/2015 09:20 AM
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Joined: Mar 2005
Posts: 721 Colorado
sxmbeachlover
Traveler
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Traveler
Joined: Mar 2005
Posts: 721
Colorado
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All I can say is it's about time! We American tourists have paid through the nose for a long time. Remember when the euro was less than the dollar? Banks are forcasting for the currencies to hit "parity" (1 to 1) by 2017. I wouldn't rush out and buy Euros quite yet! Odds are they will be lower at the end of your trip than when you arrive!!!
Famous Quote from SBHonline: The best moderation is the least moderation.
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Re: Euro down to $1.17
[Re: ohtoobtan]
#34466
01/21/2015 08:06 AM
01/21/2015 08:06 AM
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Joined: Feb 2001
Posts: 880 Boston, MA
marge
Traveler
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Traveler
Joined: Feb 2001
Posts: 880
Boston, MA
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How much is a "toilet paper dose"??
marge
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Re: Euro down to $1.17
[Re: marge]
#34467
01/21/2015 10:23 AM
01/21/2015 10:23 AM
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Joined: Mar 2005
Posts: 721 Colorado
sxmbeachlover
Traveler
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Traveler
Joined: Mar 2005
Posts: 721
Colorado
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Yes, but the European Union is printing more of it.
Famous Quote from SBHonline: The best moderation is the least moderation.
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Re: Euro down to $1.17
[Re: SXMScubaman]
#34480
01/27/2015 06:26 AM
01/27/2015 06:26 AM
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Joined: Mar 2001
Posts: 17,528 Ohio
ruralcarrier
Traveler
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Traveler
Joined: Mar 2001
Posts: 17,528
Ohio
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Bear in mind also, the rates you are seeing are usually for bank to bank exchanges for large sums of money. Converting on a smaller basis for personal use may not be exactly the same.
J.D.
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Re: Euro down to $1.17
[Re: sxmmm1987]
#34483
01/27/2015 09:16 AM
01/27/2015 09:16 AM
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Joined: Dec 2004
Posts: 5,086 Massachusetts
boucharda
Traveler
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Traveler
Joined: Dec 2004
Posts: 5,086
Massachusetts
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Latest (26 January 2015): EUR 1 = USD 1.1244 0.0046 (0.4%) Change from 25 January 2014 to 26 January 2015 Minimum (23 January 2015): 1.1198 - Maximum (8 May 2014): 1.3953 - So in a year that is quite a hit...and rumor has it you will see your 1.10 soon.
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Re: Euro down to $1.17
[Re: jaxon60]
#34487
01/29/2015 11:30 AM
01/29/2015 11:30 AM
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Joined: Feb 2010
Posts: 192 Columbia, SC, USA
DandM29212
Traveler
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Traveler
Joined: Feb 2010
Posts: 192
Columbia, SC, USA
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While it has dropped to 1.135 as of today over the past two weeks of this post (3%), it does seem to have strengthened over the past few days, up from 1.124 or so. Forecasts for the next several months remain downward to the 1.1 range, but one should consider or wonder if we've hit a bottom.
(Gee, combined with the recent volatility of airfares, a trip to SXM requires either an economics doctorate or a crystal ball! )
Seems prudent for Americans to consider prepaying half or maybe all of their upcoming Euro-based vacations and locking in at least some of the current savings.
Lots of the currency forecasts online are old enough to be irrelevant. While everyone knows you can't predict the future or even 5 minutes from now, does anyone have an online source they consider in their opinion or experience to be insightful, credible, or "generally reliable"?
Any other current (1/29) thoughts?
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