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Joost
Moderator
says
What do you mean, never changes? In comparison to the USD ? The graphical layout of the coins / bills?
I mean the value of the money itself, while the dollar and the euro go up and down… the swiss franc stays on the same rate/course, it rarely changes.

That’s very odd. A value of a currency has to be expressed in another currency, usually the Euro or the Dollar. This means it changes in comparison to other currencies. The absolute value of a single currency is always the same, it’s not like the digits on your coins change – it’s the relative value that matters (and that defines how many loafes of bread you can buy with X amount of currency Y) :)

Staying on the same rate in comparison to the Euro means it goes up in comparison to the Dollar when the Euro goes up in comparison to the Dollar (and visa versa, of course)

Sorry for the lecture but I couldn’t seem to suppress the ECON101 in me ;)

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pezflash
says
Hey, what’s wrong with you? I prefer Italy first :P
We are all in the same boat, my friend. Whoever will fall first. :)

An old boat in a heavy storm. Who would you prefer as a captain, Berlusconi or Zapatero? Please, do not answer now, do it after the advertisements… (Presenter smiles to camera, 2 seconds, fade to black)

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pezflash
says
Hey, what’s wrong with you? I prefer Italy first :P
remember your name

Yeah, f* , oh f* , i said f*
I’ll not go to hell. That’s for sure.

:evil:

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damojo
says
Hey, what’s wrong with you? I prefer Italy first :P
remember your name

Yeah, f* , oh f* , i said f*
I’ll not go to hell. That’s for sure.

:evil:

I don’t care who goes down first as long as the euro is going down :P

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