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Re: [CQ-Contest] Euro's & BS7H

To: Rich K2WR <k2wr@njdxa.org>
Subject: Re: [CQ-Contest] Euro's & BS7H
From: Barry <w2up3@verizon.net>
Date: Sat, 08 Sep 2007 20:39:27 +0000
List-post: <mailto:cq-contest@contesting.com>
Rich,
$4 for 5â ?  Either you did your math backwards, or you're exchange rate 
and fees are a LOT worse than the bank's :.)

My advice to Carol is use it as a donation to the next DXped you QSL, 
instead of greenstamps. 
73,
Barry W2UP

Rich K2WR wrote:
> Carol:
>
> I certainly agree with the previous commenters who suggested you avoid 
> changing such a low amount (or, for that matter, any amount) at a bank due to 
> the high fees.  Also, Andrei is probably correct that the value of the Euro 
> relative to the U.S. dollar will continue to rise.  Certainly the U.S. 
> government is not doing anything to prevent the market's devaluation of the 
> dollar... it's more important to the government (and, arguably, to the U.S. 
> economy) that Boeing stays price-competitive with Airbus, than whether I can 
> still afford a hotel room in Finland.
>
> You could:
> 1. Just hold onto it as Andrei suggests... who knows, you may receive more of 
> them (â 5 is the smallest value Euro note produced; â 1 and â 2 are 
> coins).
> 2. You could "sell" it to someone, a ham or otherwise, who visits Europe 
> often enough to hold onto a few Euros, Â, etc.  For example, if you send it 
> to me, I'll send you $4 and you'll only be out about 48Â.  Even better, if 
> you have a PayPal account, I'd pay you â 5 via PayPal and I think you'd get 
> a little more than $4.   But it's unlikely you'd come out behind by just 
> holding onto it for now.
>
> 73, Rich K2WR
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-- 

Barry Kutner, W2UP             Newtown, PA   

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