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Exchange rates and the slow down of US gear heading overseas.

spartanmanor

spartanmanor

Lunatic Member
No politics please.

Looking at exchange rates over the past couple of years the dollar has gained a lot of value against other currencies.

Every once and a while I purchase albums from other countries that I cannot find in the states. This week I just purchased a few from Germany and noticed that the Dollar has gained 21% over the DEM in the past year. I felt like I was getting a bit of a sale compared to purchases I have made in the past.

I am sure this makes our goods less of a bargain now to those outside the US. The Yen has 28% less buying power here than it did two years ago. I am sure this has slowed down vintage American made hifi heading overseas.

Here is a link to a nice historical rate exchange calculator with graphs. You can pull up some interesting exchange data. http://www.oanda.com/currency/historical-rates/
 
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My recent experience says otherwise. There are exporters in my area that ship container loads every month overseas.
 
I've been enjoying the exchange rate "discount" on Japanese SHM-CDs and SHM-SACDs.

Great prices on post-ABKCO Stones.
 
The dollar is very strong in Australia right now. It would be a great time for a trip to the other side of the globe.
 
spartanmanor said:
The dollar is very strong in Australia right now. It would be a great time for a trip to the other side of the globe.
Click to expand...

The Aussie dollar was up around $1.10+ against the Yankee $ and it was very good buying but we are now down under 80 cents.:tears:
But the postage from the states for records and CDs make them still a good buy
 
Europe currencies losing last year.

Year ago it was a calculated coup in Ukraine to replace elected government with pro-western one.

What was mis-calculated is that suddenly Europe have to feed 40 millions people in Ukraine.

Ukrainian currency lost 500% in a year (was 8 for $1, now 40 for $1). Europe (euro, etc.) loosing accordingly too because now they have to feed 40 millions more people.

US dollar in win situation.
 
I too agree. The highest bidders on any rare/obscure vintage gear that I have listed on that auction site have pretty much all headed east over the past year, despite the exchange rate and ridiculous shipping/tariffs. US buyers just aren't willing to pay as much, and even though the dollar is doing well overseas, Americans just aren't making enough to lay out that kind of cash at home.
 
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