Posted April 20, 2009There is no doubt that times are getting increasingly harder at present. People are struggling to make ends meet. The cost of food and various other bills are going up. Jobs are becoming harder to hang onto, and even if you still have a job of your own it is difficult to remain optimistic in case you are the next one to go.
Posted April 20, 2009The Japanese yen has had an interesting start to the month of April, after a rockier time during March this year. The recession is having a pronounced effect on exchange rates and it has been noted that some currencies could benefit more than others because of the way people look at them.
Posted April 20, 2009There has been talk lately of the US dollar actually doing better in the currency markets. This is due to the idea more and more people are getting that the US may have hit rock bottom already in the recession and could be coming back up again.
Posted March 24, 2009We are living in unprecedented times at the moment as far as world currencies are concerned. No matter what reason you might have for using a currency converter, you would be forgiven for not knowing what to expect from it from one minute to the next. But where do we stand when it comes to devaluation?
Posted March 24, 2009Even in the current turbulent times we find ourselves in, there is a tendency to view the US dollar as a strong and determined currency. But we must look closer to get the whole picture. And the picture is an intriguing one when we compare it to the Euro.
Posted March 24, 2009Quite often in our monthly reports on what is going on in the currency world, we focus in on the best known currencies of all. But it is also interesting to focus on the lesser known ones, to see how they are coping in the current recessionary times.
Posted March 24, 2009In our monthly look around the world we often see specific currencies that are struggling rather more than others. And this month it is the turn of the Swedish krona to have a hard time.
Posted March 24, 2009Every day we glance at the latest news stories, we see something to do with the current financial crisis looming up to meet us. We could be typing an amount into our currency converter two days in a row, and seeing two very different conversion amounts coming back at us.
Posted February 16, 2009You don’t have to look too far at the moment to find currencies that are weaker than they were this time last year. Whatever you may think of what is going on in the short term, there are certainly interesting patterns to be seen if you look further back in time.
Posted February 16, 2009Anyone who is following what is going on around the world at the moment will know that the economy is in trouble on a global scale. That means that many currencies are struggling – but none more than the Zimbabwean dollar.