Saturday, March 10, 2007

currency luck

It's the phenomenon whereby you are about to embark overseas, and the currency you need on the other side goes up in your favour by 10%, then plummets once you have exchanged your money, leaving everyone else crying about their sucky exchange rates.

I have terrible currency luck. Last year just before I headed off to Canada, the Canadian dollar was at 0.91 a few weeks before I left. But when I actually went to convert my dollars into Canadian ones, the exchange rate was at 0.86.

Now, the Yen is at 90. If I'd been clever and exchanged my money last week, I'd have gotten 95. That'll learn me.

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