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Re: Rand exchange rate
#210999
02/10/08 02:12 PM
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Joined: Mar 2005
Posts: 558
TedC
cruiser
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cruiser
Joined: Mar 2005
Posts: 558 |
Saturday's Wall Street Journal had rate at 7.7821.
You can also get online quotes - google currency rates etc
"Life is far too serious to be taken seriously."
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Re: Rand exchange rate
#211000
02/11/08 10:16 AM
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Joined: Mar 2004
Posts: 281
judy&john
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Joined: Mar 2004
Posts: 281 |
Thanx everyone! Will do some checking. Checked AMEX today; still no posting. Let it go to 8!
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Re: Rand exchange rate
#211001
02/18/08 07:43 PM
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Joined: Mar 2004
Posts: 281
judy&john
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Joined: Mar 2004
Posts: 281 |
Checked with AMEX today and it was posted. Actually for quite a bit less than we expected. I think we saved enough money to get a private tour or two in Cape Town. Now, for John to get completely healed and back to work. The doctor said probably in about 3 weeks if all goes well. Judy
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Re: Rand exchange rate
#211002
03/06/08 04:54 PM
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Joined: Jul 2006
Posts: 306
AndreaRH
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Posts: 306 |
The rand broke 8 for the past two days. Wow!
Andrea
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Re: Rand exchange rate
#211003
03/06/08 05:25 PM
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Joined: Feb 2004
Posts: 3,407
Betty
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Joined: Feb 2004
Posts: 3,407 |
Andrea - and I thought I was so smart paying off GAME on Monday at 7.8! Still I can't complain. Better rate than initial deposit.
Betty
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Re: Rand exchange rate
#211004
03/07/08 07:38 PM
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Joined: Apr 2005
Posts: 390
FFMilesJunkie
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Joined: Apr 2005
Posts: 390 |
Wow! 8.0 is great. The only word of caution we have to watch out for is South African inflation. We are getting a better exchange rate against the Rand when our Dollar is being hammered against the Euro. This may be good in the short run and should encourage everyone to take advantage of it. The only concern is that the merchants of South Africa start to make up for their weakened Rand by raising prices. I think this will affect us more since our Dollar is weaker against the Euro. The South African economy is especially interesting since they have such a unique tie to the precious metal commodity markets. Hopefully someone with much more insight than me will weigh in and give their opinion.
If the exchange rate was getting better because our Dollar was getting stronger then I wouldn't worry at all. I just worry that something else may be in play and hopefully someone can shed more light on the situation. By the way, don't get me wrong. I'm not all doom and gloom.. I'm going to take as much advantage as I can from this good exchange rate no matter why it's happening!!!
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Re: Rand exchange rate
#211005
03/08/08 04:21 AM
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Joined: Mar 2005
Posts: 558
TedC
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cruiser
Joined: Mar 2005
Posts: 558 |
South Affrica is undergoing serious power outages because of electical crisis which gov. says will take five years to alleviate.
Many stores and businesses are forced to close when the power goes out, thus losing sales.
That may be a factor in the declining Rand. It sure isn't due to the "strength" of our serverely weakened dollar over the past few years!
"Life is far too serious to be taken seriously."
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Re: Rand exchange rate
#211006
03/08/08 06:05 AM
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Joined: Mar 2004
Posts: 9,100
Ngaire
OP
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OP
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Joined: Mar 2004
Posts: 9,100 |
Yes inflation is hitting South Africa prices and prices are going up. Makes our ROAR an even greater value based on the old 2006 prices.
I have one space open and then we are completely full so if there is anyone else out there that wants to come it is the Madikwe/Leopard Hills combination.
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Re: Rand exchange rate
#211007
03/09/08 09:32 PM
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Joined: Sep 2004
Posts: 238
johnandjudy
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Joined: Sep 2004
Posts: 238 |
Guess we should of waited. We always jump the gun. ngaire, wish we could take our daughter to fill that one spot you have left. Not an option for us though. She would love it as she is an animal lover and loves travel. Judy
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Re: Rand exchange rate
#211008
03/10/08 04:03 PM
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Joined: Mar 2004
Posts: 9,100
Ngaire
OP
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OP
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Joined: Mar 2004
Posts: 9,100 |
You cannot time these things Judy and it could drop like a rock. I think we all did well it had been below 7.00 for so so long. If we could time the market and the currencies we would all be able to afford world cruises!
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Re: Rand exchange rate
#211009
03/10/08 04:07 PM
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Joined: Feb 2004
Posts: 3,210
Pam
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Joined: Feb 2004
Posts: 3,210 |
And those of us on ROAR1 remember how thrilled we were with a 6.
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Re: Rand exchange rate
#211010
03/10/08 08:07 PM
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Joined: Sep 2004
Posts: 238
johnandjudy
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Joined: Sep 2004
Posts: 238 |
Amen! you are so right. John got good news at the foot docotr today. Bones healed! Maybe back to work by the end of this month. Judy
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Re: Rand exchange rate
#211011
03/11/08 06:16 AM
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Joined: Feb 2004
Posts: 3,210
Pam
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Joined: Feb 2004
Posts: 3,210 |
Judy, I'm thrilled for you and John!
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Re: Rand exchange rate
#211012
03/11/08 08:13 AM
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Joined: Feb 2004
Posts: 10,092
petlover
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Posts: 10,092 |
Good news Judy! I know John is thrilled! Rand doing great...over 8 now so today we paid for GAME, felt the timing was right!
Marcie
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Re: Rand exchange rate
#211013
03/11/08 03:56 PM
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Joined: Mar 2004
Posts: 9,100
Ngaire
OP
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OP
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Joined: Mar 2004
Posts: 9,100 |
Great news Judy I am so happy to hear that. Give John a hug he deserves it he has been through a lot.
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Re: Rand exchange rate
#211014
03/11/08 08:22 PM
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Joined: Sep 2004
Posts: 238
johnandjudy
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Joined: Sep 2004
Posts: 238 |
Thanks everyone. He has been through alot and has been very depressed. Still has to be cleared by his primary doctor and infectious disease doctor. Judy
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Re: Rand exchange rate
#211015
03/12/08 07:29 AM
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Joined: Feb 2004
Posts: 4,215
adrenn
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Joined: Feb 2004
Posts: 4,215 |
Judy - glad he is getting better news from the medical doctors and hoping he's back to work very soon. It is a very difficult road, indeed.
To happier, healthier days for both of you!
Cheers, Anne
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Re: Rand exchange rate
#211016
03/18/08 07:04 AM
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Joined: Feb 2004
Posts: 1,434
Dreps
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Joined: Feb 2004
Posts: 1,434 |
Just looked: 8.1575 was the rate on 3/17/08.
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Eugene
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