ZAR/USD exchange

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Airdolf
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Re: ZAR/USD exchange

Post by Airdolf »

Almost there....sadly. USA fiscal cliff debate, Eurozone debt default concerns and generally poor global growth outlook. We might be looking notionally better from an exports perspective with a weak rand, but I somehow don't see the demand. I reckon what with the general political clowning around going on, some hedge fund(s) are going to start to short the rand soon. Oh joy.


Adolf and Ferdinand are alive and well, brainstorming in Vegas.......Elvis is serving drinks.

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Tony Z
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Re: ZAR/USD exchange

Post by Tony Z »

$1 = R8.71 at the moment

are we moving towards the $1=R10 that we saw in Dec 08 and Dec 01 ???

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Tony Z
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Re: ZAR/USD exchange

Post by Tony Z »

Tony Z wrote:$1 = R8.71 at the moment

are we moving towards the $1=R10 that we saw in Dec 08 and Dec 01 ???
Looks like we are getting close...
currently $1 = R9.23

and the Euro is R11.95

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Re: ZAR/USD exchange

Post by retrovan »

Tony, I hope you are paid in $, then you smiling...

This is giving me a lot of hope, now we can start exporting again, and stop importing everything...... :D

Lots of work, we smiling again..

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calooker
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Re: ZAR/USD exchange

Post by calooker »

My current order cost me 3 percent more than my Feb. order and sliding.
For what it's worth, ignorance has no limits ......

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Tony Z
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Re: ZAR/USD exchange

Post by Tony Z »

retrovan wrote:Tony, I hope you are paid in $, then you smiling...

This is giving me a lot of hope, now we can start exporting again, and stop importing everything...... :D

Lots of work, we smiling again..

Herman
Yip you right, SA needs a weaker rand. And yes, I get paid in dollars
but it doesnt help when my leave gets calculated wrong, and thus loose 45 days leave. No amount of argueing helps, because the Captain isnt prepared to even consider that he might be wrong....
so instead of me being owed 30 days at home, I owe 15 days extra at work.... c#nt

Sorry, just venting.

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Tony Z
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Re: ZAR/USD exchange

Post by Tony Z »

have you guys seen the exchange rate today? I have not checked for 6 weeks and now its just crazy....
$1 = R10.24

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retrovan
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Re: ZAR/USD exchange

Post by retrovan »

Hey Tony, Congratulations on your new massive increase, totally out of the blue, It just Zumeed in.

:lol: :lol:

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Tony Z
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Re: ZAR/USD exchange

Post by Tony Z »

tis true... making some good headway on my bond.

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Ron&Gill
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Re: ZAR/USD exchange

Post by Ron&Gill »

Tony Z wrote:tis true... making some good headway on my bond.
:drunks:
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Re: ZAR/USD exchange

Post by calooker »

Yup, just canned a order as it's going to cost me 6% more than a few weeks back.
For what it's worth, ignorance has no limits ......

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Tony Z
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Re: ZAR/USD exchange

Post by Tony Z »

I just bought something from Dave Rowley for someone else, which now costs 50% more than it did last time I bought it, about a year ago...

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AlanH
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Re: ZAR/USD exchange

Post by AlanH »

Just read this post and saw it is a few years old.

You guys probably all wish you had not canned/stopped the orders. :(
I'm also waiting to place an order for seat covers and cussions hoping the rand /$ will be a bit more favourable, but in the end I might have to fork out more. :evil:

12.99 : 1 :x

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