House Price Bonus ?
#18
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Joined: Dec 2006
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Posts: 8,824
Re: House Price Bonus ?
I don't think some people have grasped exchange rates!
#19
Re: House Price Bonus ?
Mind bending hallucinogenic drugs methinks - he's certainly getting me confused. Anyone getting a pension in sterling is well stuffed at the moment when they convert it to euros.
Last edited by Mitzyboy; Jan 13th 2008 at 5:05 pm. Reason: SPOLLING
#21
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Joined: Jul 2007
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Posts: 569
Re: House Price Bonus ?
But a 136 euros is better because it only cost a £100.
£100 converted to Euros is only £75.49.
Why do you think its better for UK exports when the pound is weaker against the Euro than stronger.
#22
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Joined: May 2006
Posts: 373
Re: House Price Bonus ?
Anyone transfering income from the UK is now worse off as I am. If I transfered a 1000gbp a few months ago I would have got around 1440euros. If I had transfered 1000GBP on Friday I would have received around 1300. A fair drop in my spending power here!
I don't think some people have grasped exchange rates!
I don't think some people have grasped exchange rates!
#23
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Posts: 569
Re: House Price Bonus ?
Of course it`s not as good as 150 euros, but 136 is still + positive, where as opposite, its -negative.
Your still gaining on the exchange rate.
If the pound dropped to 0.99 or below it `ll be costing you a negative which means it`ll cost you more to convert that you`d gain.
Is that so difficult to grasp.
Your gaining 0.36 cents to the pound if it dropped below 0.99 pence you`ll lose one cent to the pound, so every pound you convert you`ll get 0.99 cents.
If the exchange went to 0.50 for ever £100 you`d get 50.00 euros.
Mitzy come on its not that difficult to grasp shirley.
Your still gaining on the exchange rate.
If the pound dropped to 0.99 or below it `ll be costing you a negative which means it`ll cost you more to convert that you`d gain.
Is that so difficult to grasp.
Your gaining 0.36 cents to the pound if it dropped below 0.99 pence you`ll lose one cent to the pound, so every pound you convert you`ll get 0.99 cents.
If the exchange went to 0.50 for ever £100 you`d get 50.00 euros.
Mitzy come on its not that difficult to grasp shirley.
Last edited by lee8; Jan 13th 2008 at 5:15 pm.
#24
Forum Regular
Thread Starter
Joined: Jan 2006
Posts: 209
Re: House Price Bonus ?
QUE ??????
Of course it`s not as good as 150 euros, but 136 is still + positive, where as opposite, its -negative.
Your still gaining on the exchange rate.
If the pound dropped to 0.99 or below it `ll be costing you a negative which means it`ll cost you more to convert that you`d gain.
Is that so difficult to grasp.
Your gaining 0.36 cents to the pound if it dropped below 0.99 pence you`ll lose one cent to the pound, so every pound you convert you`ll get 0.99 cents.
If the exchange went to 0.50 for ever £100 you`d get 50.00 euros.
Mitzy come on its not that difficult to grasp shirley.
Your still gaining on the exchange rate.
If the pound dropped to 0.99 or below it `ll be costing you a negative which means it`ll cost you more to convert that you`d gain.
Is that so difficult to grasp.
Your gaining 0.36 cents to the pound if it dropped below 0.99 pence you`ll lose one cent to the pound, so every pound you convert you`ll get 0.99 cents.
If the exchange went to 0.50 for ever £100 you`d get 50.00 euros.
Mitzy come on its not that difficult to grasp shirley.
#25
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#27
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Location: What one has not experienced, one will never understand in print
Posts: 569
Re: House Price Bonus ?
Or has the penny, cent dropped and know your using that as a way to excuse your lack of understanding of simple economics.
#28
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Thread Starter
Joined: Jan 2006
Posts: 209
Re: House Price Bonus ?
If ever you are looking for someone to look after your assets please give us a call ! , its no wonder brits get into trouble in spain if you are representative .
#30
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Joined: Jul 2007
Location: What one has not experienced, one will never understand in print
Posts: 569
Re: House Price Bonus ?
Now that is funny, good joke.
Please explain then why I`m wrong then.
Everytime i go to Spain I get more for my money.
We also benefit goin to the US as we get $2.11 for every pound.
For a yank he gets 0.51 pence to his $1.00.So worse off
For a Spaniard he gets 0.75 pence for his 1 Euro.
For a Brit he gets 1.36 Euros to his £1.00. so better off.