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Euro at $1.40 Really?

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Euro at $1.40 Really?

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Old Oct 13th, 2010 | 05:02 PM
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Euro at $1.40 Really?

Oh what joy! Here we are paying $1.40 for a measly euro. How lame is that! Good thing I bought quite a few euro when it was at $1.27. Ok, so we have seen the euro when it was as high as 1.60 and then it dropped quite a bit and then rose again. $140 is pretty damn lousy. Well dearies, let's hope that this overvalued currency, the euro, will drop yet another time. If you happen to be in Eurolandia and the rate is about 1.20ish, buy some extra euro if you can afford it. It aint ever gonna get much lower than that and wont stay that low for long either ! Urrrggg!
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Old Oct 13th, 2010 | 05:05 PM
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I'll go no matter how expensive it is. I just won't stay as long. Or maybe I'll go to South America.
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Old Oct 13th, 2010 | 05:14 PM
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<i> "Or maybe I'll go to South America."</i>

I'm with you, Peg. I keep looking at Peru. I understand that they accept the US Dollar as currency in most hotels, restaurants, etc...

Robyn
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Old Oct 13th, 2010 | 05:20 PM
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I have a 8 day a trip planned but luckily I prepaid for my lodging and have enough euros(and I love to add the 's by the way) to last me the 8 days that I will be there.
South America is nice and looking better and better, especially Argentina.
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Old Oct 13th, 2010 | 05:22 PM
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I don't think the euro is high - I think that the US dollar is sinking.

Good time to visit the USA from Australia.
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Old Oct 13th, 2010 | 05:31 PM
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Now I must say, the Aussies( Is that ok to say? I do not want to offend anyone) do make the best out of their low exchange rate. They have traveled to England when the rate was pitiful and still spent a lot of time and money. God bless Australia!
The only problem about visiting the USA is that we have all those taxes and tips to pay. Canada is even worse and the portion sizes in Canada are a lot smaller and you don't get free refills on your sodas. I am sorry but I am fuming over the drop in the dollar! Yeah, I'll get over it but I am not there yet!
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Old Oct 13th, 2010 | 05:45 PM
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Yes usually we are on the receiving end of crappy exchange rates. I just wish I was in a position to actually travel right now when they are swinging in our favour. Doh! Though I did go to the US in March and was pretty happy even then with the rate, so I can't complain really.
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Old Oct 13th, 2010 | 07:12 PM
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Best travel deal for American's - Mexico! Right next door, great weather, maybe the worlds best food, Mayan sites and super cheap: 1 US Dollar = 12.5 pesos! Oaxaca and Playa del Carmen here we come.
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Old Oct 13th, 2010 | 07:36 PM
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LittleA Just dodge the bullets!
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Old Oct 13th, 2010 | 07:49 PM
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Hey, it's great for me, selling a house in France that I bought at 7 francs to the dollar in 1994. You lose on some deals, you gain on others.
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Old Oct 13th, 2010 | 07:53 PM
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StCirq, I remember those days! We didn't know how good we had it.
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Old Oct 14th, 2010 | 12:42 AM
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Why is it the always the fault of the euro never the dollar?

It is the dollar that is falling not the euro that is rising.

The exchange rate never stops me visiting the US when the euro is low against the dollar. I don't whinge about it.
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Old Oct 14th, 2010 | 02:25 AM
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Hetismij, if and when the euro falls, and I hope it does, we will understand if you whinge. Like you, I have traveled and will continue to travel as long as the euro does not hit 1.60
That really was the worst time in 2008 when I was in Ireland which was so outrageously expensive. Beautiful country and lovely people but boy do you pay an arm and a leg for food and beverages. France seemed cheap by comparison.
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Old Oct 14th, 2010 | 10:44 AM
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It's the dollar dropping more than the Euro rising right now. I'm no currency expert, but it seems like we'll see more of the same in the future--unless one of the Euro currency members defaults and has to withdraw from the Euro (not out of the question), or we have some kind of global banking catastrophe which puts everyone in flux (keep an eye on the US mortgage document mess--if it doesn't get straightened out soon, we could see another world wide banking crisis).
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Old Oct 14th, 2010 | 11:16 AM
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Sorry, it's my fault. We leave a week from Monday and this is just Murphy's Law when my boyfriend and I travel!
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Old Oct 14th, 2010 | 11:44 AM
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It's actually been around that rate probably most of the last few years, it seems to me, if not longer.
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Old Oct 14th, 2010 | 12:33 PM
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I was referring to the OP's comment about it being €11.27. We travel a lot in my family and keep our eye on the exchange rate as a result. We'd been commenting on how low it had gotten and were hoping it would stay that way. C'est la vie.

In any event, it was a joke, and doesn't really matter much anyway because we're going to Europe come hell or high water!
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Old Oct 14th, 2010 | 12:34 PM
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Wow. That's an interesting emoticon that I didn't intend to be there. Ha, ha! I meant when €1 equaled $1.27.
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Old Oct 14th, 2010 | 02:10 PM
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I remember when it was 10 francs to the dollar. I bought my first and only pair of Gucci shoes in Paris.

Two years ago when we were in Italy the euro was about a $1.40 maybe even a bit higher.
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Old Oct 14th, 2010 | 03:07 PM
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I bought some last summer at 1.19. It was great!
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