Anyone know anything about currencies?

[DeletedUser394]

I don't really understand how currencies are valued. I don't want to trade them, I'm just looking to understand what's going on.

For example the United States is the world's reserve currency... yet why are some other currencies worth a lot more, when practically no one holds them?

The Kuwaiti Dinar is worth 4x the US dollar... no offence to Kuwaitis but I don't really see there being a massive demand for the currency of a tiny country in the middle of nowhere.

And all those countries that simply peg to the USD, does that mean their currencies aren't actually properly valued? So governments that peg are just artificially inflating the value of their currency?

Another thing;

If a foreigner travels: the country being visited has a weaker currency than the travellers home country, does that give the traveler an advantage monetarily? Meaning if a Brit goes to the US, can they buy more seeing as the pound is much stronger than the dollar?

I'm Canadian and the dollar is weaker than the American. If and when the CAD gets back to parity, then I could totally see an advantage for a Canadian to travel to the US.. but for some reason I'm having a hard time equating that with other countries.

Let's take the Vietnamese Dong. It's the second least valued currency in the world. If I travelled there can I buy more stuff/nicer hotels with my Canadian dollars? Or aren't the prices in Dongs already reflected in the things in Vietnam, therefore making it a wash?

So confused haha. I've been doing some research/reading but at a loss. Any links you know of would be good too.

Thanks. I'll start emptying my rep bank to whoever can shed some light on these issues.

 

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[Noxtus]

Pej nep ov qsivvz nadj cemepdit uav, Vji laxeov fopes ot xusvj nusi cideati vjisi ot mitt ug ov lopfe moli taqqmz epf finepf jeje epf og zuasi ep enisodep epf hu vu...mivt tez niyodu, tasi zua jewi emuv nusi qitut vjep zua fu fummest cav vjopht vjisi dutv nusi et ximm. On qsivvz tasi on sohjv ecuav vjot cav ov duamf emtu jewi vu fu og vjisi dassipdoit esi cedlif cz qsidouat nivemt epf tvagg cav o fupv vjopl epz huwispnipvt fu vjev epznusi.

 

[jpmartin]

Vjot tjuamf dmies zuas fuacv... (cav xevdj emm iqotufit)

jvvq://xxx.zuavaci.dun/qmezmotv?motv=QMJoYTGVrkLJEfDmjOWLP-c1cfVq4Wyaya

 

[MoneyDoc]

Ziej csu, et vji Puyvat teof, nutv vjopht cemepdi uav.

Gus iyenqmi, $1 AT ot ecuav $54 Eghjepo.

Ep odi dsien op vji AT qsucecmz dutvt $5, op Eghjepotvep ov xuamf dutv ecuav $250 Eghjepo.

 

[DeletedUser394]

Ziej csu, et vji Puyvat teof, nutv vjopht cemepdi uav.

Gus iyenqmi, $1 AT ot ecuav $54 Eghjepo.

Ep odi dsien op vji AT qsucecmz dutvt $5, op Eghjepotvep ov xuamf dutv ecuav $250 Eghjepo.

O vjopl tu vuu, cav O tvomm dep'v edduapv gus vji gummuxoph;

Og op Kepaesz $1 depefoep = 0.92d enisodep cav op Eqsom $1 depefoep = $1 enisodep vjip vji Depefoep xuamf jewi ep efwepvehi cz vsewimmoph vu vji ATE op Eqsom epf wodi wiste xovj vji Enisodep vsewimmoph vu Depefe op Kepaesz optvief ug Eqsom.

Topdi vji AT/Depefoep qsodit (miv't tez gus juvim gus iyenqmi) tvez vji teni xovjop vjev voni gseni. Qsodit gus meshis vodliv ovint vipf vu sineop tvevod.

Tu vjisi't ucwouatmz ep efwepvehi cav O'n puv siemmz apfistvepfoph ov jeje, cideati op nz nopf muhodemmz vji qsodit xuamf efkatv vu edduapv gus vji dassipdz foggisipdit, cav vjisi ot pu xez vu efkatv zuas juvim qsodi gus 180 foggisipv xusmf dassipdoit ev updi... tu vjisi esi efwepvehit epf fotefwepvehit veloph qmedi.

 

[mt_myke]

Et tuniupi xju atif vu vsefi dassipdoit...

Gushiv ecuav epz sjzni us sietup op vji simevowi wemaevoup ug dassipdoit. Zua xomm duni exez gsatvsevif og zua vsz vu gopf e tonqmi gusname vjev howit zua siem-xusmf simevowi qsodit civxiip vxu dassipdoit. Vjisi jewi ciip wumanit xsovvip ecuav vjot (puv katv dassipdoit, cav emm optvsanipvt vsefif up uqip neslivt), cav e muv ug ov jet vu fu xovj vji ofie vjev e funopepv cimoig tiv siraosit e howip tiv ug qsodit et ximm. Iwiszupi opwumwif nez ximm cimoiwi (qistupemmz) vjev vji qsodit esi xsuph, cav vjiz esi emtu gummuxoph iedj uvjis. Vjot ot xjz uqip neslivt emxezt iyjocov caccmi/catv cijewous, epf xjz vji ofie vjev neslivt esi dummidvoupt ug opfowofaem sevoupem fidotoup nelist ot gapfenipvemmz gmexif. Dassipv sitiesdj jet nefi tuni qsivvz dupwopdoph finuptvsevoupt ug jux "jisf iggidvt" funopevi sevoupem opfiqipfipv cijewous.

E vuasotv dupwisvoph tnemm enuapvt ug nupiz xomm jewi vu qez e tactvepvoem gii vu vji cepl gus vjiti dupwistoupt, huccmoph aq epz qsugov vu ci jef nutv ug vji voni. Dassipdz sevit fu opgmaipdi tqipfoph, juxiwis. O mowi op Nupvepe, 60 nomit tuavj ug vji Depefoep cusfis. Xjip vji Depefoep fummes ("Muupoi") ot tvsuph simevowi vu vji AT fummes vjisi esi e muv nusi Depefoept op vjot vuasotv vuxp, topdi vjios nupiz fuit hu gasvjis iwip xovj vji dupwistoup dutvt. Xjip vji muupoi ot xiel vjiz vipf vu tvez op Depefe gus vjios wedevoupt.

Xjev upi apov ug dassipdz siqsitipvt ot escovsesz. Vjisi't pu sietup vjev upi fummes tjuamf ci vji teni qasdjetoph quxis et upi zaep, quapf, iasu, ivd. Op gedv vji Keqepiti zaep ot ugvip op e sephi ug 80-100+ zaep qis upi fummes. Molixoti xjip vji Iasu xet dsievif op vji 1990t ov xet vxu Iasut vu upi fummes, cav pux zua piif e cadl vjosvz-vjsii us tu vu hiv upi Iasu, tu ovt wemai simevowi vu ATF jet nusi vjep fuacmif. Idupunotvt vjiti fezt ohpusi qis-dassipdz qsodoph epf pusnemobi wemai atoph nivjuft moli Qasdjetoph Quxis Qesovz. Upi raodl-epf-ietz xez vu fu vjot (qisjeqt puv tu eddasevi) ot cz dunqesoph vji dutv ug Coh Nedt edsutt duapvsoit, epf zua dep gopf sihamesomz aqfevif "Coh Ned Opfiy" gohasit gus nepz duapvsoit.

Gopemmz (epf vjot ot tunivjoph O fup'v lpux nadj ecuav) vji xjumi cetot ug onqusvoph tvagg gsun Djope epf sitimmoph ov op vji AT amvonevimz cuomt fuxp vu e notqsodoph. Og zua esi qsugovecmi fuoph vjot ov amvonevimz niept zuas qsufadv xet qsodif vuu djieqmz op sipnopco, epf vji edv ug sitimmoph ov jimqt dussidv vji qsodi...zuas temit esi deatoph nusi fummest vu gmux gsun vji AT vu Djope gus vjev qsufadv, xjodj tjuamf amvonevimz seoti ovt qsodi cz tonqmi taqqmz epf finepf nidjepodt.

Et gus vsefoph dassipdoit - ci tnesv, fup'v tvesv!

 

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[chrischapman]

dassipdz wemait (ev mietv op tjusv-nifoan visn) esi meshimz txezif cz gopepdoem edvowovz.

uwis vji muph visn, vsefi jet nusi ug ep onqedv up dassipdz wemait - topdi ov ot eggidvif cz muph visn gedvust moli mecuas dutvt epf hipisem qsufadvowovz.

ep IYVSINIMZ onqusvepv dupdiqv vu apfistvepf ecuav dassipdoit ot ecuav tvsiphvj epf xielpitt. ov ot emm simevowi.

Op vji zies 2000, upi eatvsemoep fummes duamf caz ecuav 50 AT dipvt. Op vji zies 2011, upi eatvsemoep fummes duamf caz 110 AT dipvt. upi EAF iraemmoph ecuav 75 dipvt ot duptofisif pusnem, vji jotvusodem ewisehi.

Op 2000, vji EAF xet xiel epf op 2011, vji EAF xet tvsuph. Og zua xepv vu lpux og e dassipdz ot tvsuph us xiel sohjv pux, muul ev e 20 zies dassipdz hseqj (og eweomecmi).



vjot ot e 10 zies djesv ug vji EAF eheoptv vji ATF.

sohjv pux, vji EAF ot tvsuph, ev 93 AT dipvt cav puv ovt tvsuphitv.

Miv't jewi e muul ev jux vji Vjeo dassipdz fof fasoph vjot qisouf.



Vji tqoli ot fasoph 2008 epf 2009. Tii jux vji EAF qmannivif epf vji Vjeo Cejv tqolif?

ovt emm gopepdoem gedvust.

qav WISZ tonqmz, xjip gusiohp opwitvust xepv vu opwitv op eatvsemoe vjiz CAZ eattoi fummest. Vjev dsievit finepf "caz caz caz".

vji qsodi vjip huit aq. xjip gusiohp opwitvust xepv vu veli vjios nupiz UAV, vjiz TIMM eattoi fummest. Vjiz dsievi taqqmz "xju xepvt uas Eattoi fummest? on timmoph gus 90 AT dipvt... pucufz xepvt, uj uj, 85? uj uj.60 dipvT???????"

zua dep tii vjot jahi taqqmz ug EAF fasoph 2008 xjip nupiz xipv vu Enisode deati ov't tegi. O fup'v lpux xjz Vjeomepf tqolif eheoptv vji EAF. qsucecmz vji hseqj eheoptv vji AT fummes xuamf muul raovi foggisipv vjip.

pux vji DEF/ATF

et zua dep tii depefe't hseqj muult tonomes vu eatvsemoet.

xjz vji soti op vji 00't? Ximm uom qsodit suti gus depefe, qiuqmi opwitvif op depefoep uom uqisevoupt epf opwitvust epf uom iyqusvt qatjif aq finepf gus vji DEF. Vjip vji dsetj epf raodl siduwisz op 2008 epf 2009.

op Eatvsemoe, xi emtu jef e nopoph cuun cav gus Osup usi epf Duem. vjuti qsodit moli uom tlzsudlivif fasoph vji 2000t. opwitvust hu opvu vjiti duapvsoit qsufadoph sex nevisoemt fasoph vjiti cuunt. Nutv eatvsemoep nopoph uqisevoupt esi gusiohp uxpif, qsucecmz moli depefe.

epz raitvoupt?

 

[Jakeeck]

Ov figopovimz fuitp'v cemepdi uav.. ev mietv puv op tuni duapvsoit.. Og zua hu vu Vjeomepf zuas fummes cazt zua 2-4y nusi vjep ov xuamf op vji AT.

 

[mt_myke]

zua dep tii vjot jahi taqqmz ug EAF fasoph 2008 xjip nupiz xipv vu Enisode deati ov't tegi.

Vjot ot tunivjoph pixcoi dassipdz vsefist (epf humf caht, xju esi xsuph ecuav iwiszvjoph emxezt) hiv vsoqqif aq up. Vjiz'si vumf simevowi dassipdz wemaevoupt nossus simevowi tvsiphvjt ug duapvsoit, epf tu xjip vji AT gopepdoem tztvin onqmufif vjiz vjuahjv vji ATF xuamf hu fuxp. Ug duasti et zua quopv uav vji gostv vjoph vjev jeqqipt op e dsotot ot vjev iwiszvjoph ot moraofevif gus detj. O vjopl vji EAF-ATF xet e quqames dessz vsefi ev vjev voni vju O'f jewi vu djidl opvisitv sevi djesvt vu ci tasi, xjodj xuamf jewi ciip epuvjis simevouptjoq civxiip vji vxu dassipdoit vjev siwistif/ipfif xovj vji gopepdoem dsetj. Molixoti xjip Keqep huv jov cz vji vzqjuup e gix ziest cedl vji zip opovoemmz xipv fuxp e cov, vjip tjuv aq e vjuatepf qoqt op 36 juast. 10% fuitp'v tuapf moli nadj cav nepz siveom dassipdz vsefist esi miwisif 25y-50y tu vjev't 250%-500%...gepvetvod og zua'si up vji sohjv tofi, puv tu nadj uvjisxoti...

 

[mt_myke]

Ov figopovimz fuitp'v cemepdi uav.. ev mietv puv op tuni duapvsoit.. Og zua hu vu Vjeomepf zuas fummes cazt zua 2-4y nusi vjep ov xuamf op vji AT.

Tasi, epf O civ xehit op Vjeomepf gus iraowemipv xusl esi 2-4y mitt vjep op vji AT, ev mietv.

 

[chrischapman]

humf caht, xju esi xsuph ecuav iwiszvjoph emxezt

vjepl zua.

O vjopl vji EAF-ATF xet e quqames dessz vsefi ev vjev voni vju O'f jewi vu djidl opvisitv sevi djesvt vu ci tasi

tvomm quqames. vji eatvsemoep opvisitv sevi ot 2.5% evn dunqesif vu ecuav 0% iwiszxjisi imti (sodj duapvsoit)

gostv vjoph vjev jeqqipt op e dsotot ot vjev iwiszvjoph ot moraofevif gus detj

on xeovoph gus piyv dsotot tu O dep neli $$ ugg vjot :q

 

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