Do you care how much you earn?
If you receive you payment for your internet income in USD, you’ll notice that USD is converted less against other currencies such RM (Ringgit Malaysia) on the past few months. The same amount in USD few months back converted more than what I got now. The decreasing of about 4.3% might be little, but if you earn thousands per month, the different will be greater.
I’m creating graph below based on HSBC’s outstation cheque exchange rate for the past 4 month (when I started using their service). This might not a clear indication how USD performing are, but I’m trying to show how much you’ll earn from your pay cheque based on bank conversation rate (slightly different for each bank), since the concept of selling and buying is not used here
I still remember when 1 USD is equal to RM 3.8 sometimes back; the amount converted must be very well compared to the current situation. But I believe there is more positive impacts about this rather than the negatives. For consumer like me, obviously we’ll pay less when we shop online such as at Amazon and eBay or buy any digital product using our Paypal account.
Why USD weakening? I’ll let you answer this question if you happen to know it, I can guess but I’m not sure if it’s correct. Talking about USD, I found 1 interesting article from Bloomberg recently, about Supermodel Bundchen who refuses to be paid in USD. Interesting.. You can guess why.
To get accurate exchange rates history, you can get it from Bank Negara Malaysia (BNM or Central Bank of Malaysia)
I better earn a lot of USD before it plummets.
USD was strong when I first started out but now it seems to lose its steam. Huh … I think I gotta find my way to earn some pounds.
hehe. Do you know any online advertising company pay in pounds?
Go to Amazon.co.uk
Sometimes I care. Sometime not..
Why ?? Coz never reach the payment minimum.. Hm
I have a feeling the US dollar will quickly bounce back after the olympics in Beijing; China will most likely have to give up a good part of its current stake in the steel industry.
Don’t worry, with hard works and right attitude, you’ll earn that soon.
many celebrities now want their payment in euro..even in rnb video clip no more us dollar being used..like jay z latest video clip
Heh, just transfer it to some other currency ’til USD pops back.
Ha! I know the feeling! It seems like in every corners of the world everybody has problems with the ex-change. It happens for me too lately - i don’t get by ex-changing my earning as much as i used to. The bad part is that i read an article posted by Nouveau Riche University that is hardly hoped that USD will get “bigger” till November.