Thursday, September 13, 2007

Exchange rates

The dollar is plummeting against the kronor right now. It is 6.672 today. As you saw, I transferred money from the US recently at 6.888.

When you are dealing with house-buildingly large amounts of cash, the difference between 6.672 and 6.888 is quite a lot.

Fortunately, I've bought the land and have no immediate expenditures. I will be following the website www.oanda.com for the Kronor's progress, and try to move money at an advantageous time.

It's not enough to build a house. No- I have to build it in another country, with a different language, and different currency. And on an island.

Ah well, no pain, no gain, as they say!!

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