Wednesday, October 15, 2008

Currency Currents

So I think I just found my new favorite website: www.xe.com.

In light of the economic turmoil that's going on here in the states, as well as the rest of the world, I've lately been fascinated (and a little obsessed) with watching how the exchange rates go up and down. Just last week, 1 Euro amounted to $1.50. Now it's down to $1.30.

The website gives you minute-by-minute updates of the world's currencies, so I've found myself absolutely intrigued on how the rate rises and falls within the course of minutes. Craziness!

For instance, this is how the currency rates have changed just this year: http://www.oanda.com/convert/fxhistory

2 comments:

Cade said...

The exchange rates are going to affect us a lot while we're over there, but based on what we've been talking about in class, we feel like the dollar is going to strengthen compared to the euro. Which is good for us!

Bana said...

Which means: cheaper rent!