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Old 11-20-2007, 10:11 PM   #1
slang
St Petersburg, Florida
 
Join Date: Oct 2002
Posts: 3,423
Quote:
Originally Posted by Perry Winkle View Post
Um... doesn't that mean the peso is stronger, in terms of dollars, now than it was?

I'm confused. Previously you said that one peso will buy about $0.23 US, which is far from what you just claimed. (nm, I did the math and, according to the quoted post, a peso is worth about $0.023 US.)

Still, my confusion remains. 55 pesos per USD is about $0.018, which means that the Philippine peso is becoming stronger and/or the US dollar is becoming weaker (I know this part of things is true). The way you phrased things before led me to believe that they'd done something silly like value pesos in terms of dollars (i.e., pegged the peso to some index of USD).
I'm not sure but it seems that your confusion is based on post #795. In that post I show a 10 peso note. Then in post #796, Zippy asks it's value, a 10 peso note and I reply $.23.

At 42 pesos to $1, 10 pesos is about $.23.

Or maybe it isn't. Whats your take on this?
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Old 11-21-2007, 05:55 AM   #2
Perry Winkle
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Location: A little south of sanity
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Quote:
Originally Posted by slang View Post
I'm not sure but it seems that your confusion is based on post #795. In that post I show a 10 peso note. Then in post #796, Zippy asks it's value, a 10 peso note and I reply $.23.

At 42 pesos to $1, 10 pesos is about $.23.
Hahah. That's it! I thought I was losing my mind.
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Old 11-21-2007, 06:03 AM   #3
slang
St Petersburg, Florida
 
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I'm surely losing my mind as the dollar falls and falls and falls.

This could be a deal of a place to visit or stay with a strong dollar. With a weak dollar, not nearly so much so.
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Old 11-21-2007, 09:05 AM   #4
ZenGum
Doctor Wtf
 
Join Date: Oct 2007
Location: Badelaide, Baustralia
Posts: 12,861
This morning I sent a smallish amount of money back to Australia.

This afternoon the yen jumped about five #$%&ing percent.
:p :p :p !!!!
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Old 11-21-2007, 04:30 PM   #5
slang
St Petersburg, Florida
 
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You are not helping my outlook.

Good deal for you though.
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Old 11-21-2007, 07:31 PM   #6
slang
St Petersburg, Florida
 
Join Date: Oct 2002
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Big storm warning here in Manila. Everytime I ask about the seriousness of this, I get "that look", so I'm prepping for a bad storm.

Powering up the recharge lights, eating the leftover foods from the fridge, storing some water, and getting clothing ready for taking some cool wind photos of the storm.

generic storm link
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Old 11-21-2007, 07:51 PM   #7
xoxoxoBruce
The future is unwritten
 
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And now a live report on the typhoon, from our man in the Philipines....
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Old 11-21-2007, 07:57 PM   #8
SparkStalker
Vivacious Vivisectionist
 
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Damn, stay safe, Slang.
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