who benefits from weak dollar?

Almighty Colin · 05-25-2003

Here's a great image. This shows the "US Dollar Index" over time which is the dollar vs. a weighted average of 6 currencies.

What is easily noted is that the rate today is about the same as in 1999. This means the exchange rate is the worst most non-US webmasters have seen because they have been in the business less than 4 years. Those that have been around since, say 1996, can remember rates 15% lower than today (on average).

For most of the past decade the dollar was weaker

The dollar is hitting new lows vs. the euro but the euro is only four years old. If the Euro had been around for a few decades we'd be able to compare and say that we're 15% above the rates of 1992. We can estimate that because we can compare to the Deutschmark, Franc, and other european currencies of the time.

We just had a run-up in the dollar. So far it's gone back a little and is at 1999 rates again. Significant?

05-25-2003	#17
Almighty Colin Members Want to see your own Advertising Here! Join Date: Oct 2002 Posts: 8,059	Here's a great image. This shows the "US Dollar Index" over time which is the dollar vs. a weighted average of 6 currencies. What is easily noted is that the rate today is about the same as in 1999. This means the exchange rate is the worst most non-US webmasters have seen because they have been in the business less than 4 years. Those that have been around since, say 1996, can remember rates 15% lower than today (on average). For most of the past decade the dollar was weaker The dollar is hitting new lows vs. the euro but the euro is only four years old. If the Euro had been around for a few decades we'd be able to compare and say that we're 15% above the rates of 1992. We can estimate that because we can compare to the Deutschmark, Franc, and other european currencies of the time. We just had a run-up in the dollar. So far it's gone back a little and is at 1999 rates again. Significant? __________________ Almighty Content. Your one stop for live content. Secret Friends, LATINA Secret Friends , My Cam Friends