Exchange rates

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CAD_003

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The financial burden on some candidates due to the exchange rates of their currency vs $USD must be quite significant… Coming from Canada, the significant drop in our dollar is definetly making a noticable difference… I imagine its only worse in other parts of the world as well… weird to think that the financial burden of 1 exam can be so different for different candidates…
 
From Canada as well, I wrote my exams when the Canadian Dollar was pretty overvalued relative to the U.S. Dollar. The current FX rate is probably 5-10 cents undervalued right now; however, you’re still much better off than Canadian candidates in 2002 where it was C$1.60 to $1.00.
 
Okay, well… its not $500 and I wasnt really complaining either… it just sort of dawned on me the kind of effects the F/X rate might have on some candidates depending on where they come from and how much they earn… My philosphy anyways is to not waste time trying to “time” the market even if the dollar is undervalued right now I kind of have to roll with it and start studying..
 
S2000magician wrote:
Matt Likes Analysis wrote:if you’re in Venzuela … .
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I understand that the economy in Venzuela is so bad, they had to sell an e just to keep it going.
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you’re all about discovering missing ‘e’s today aren’t you?
and yes, they figured they already had one so they do without the second.
 
e’s just arn’t worth what thy usd to b. I think w’ll start to s thir us diminish significantly over tim.
Thr is an xcllnt articl in a recnt FAJ discussing the dvaluation of e’s.
 
higgmond wrote:e’s just arn’t worth what thy usd to b. I think w’ll start to s thir us diminish significantly over tim.
Thr is an xcllnt articl in a recnt FAJ discussing the dvaluation of e’s.
Click to expand...
Wll playd, sir.
 
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