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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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PESO FALLS
USD/MXN (USDMXN=X) -CCY Follow
13.2743 Up 0.0798(0.6000%) 10:24AM EDT
"YOU CAN'T LITTER ALUMINUM"
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micah202
Super Nomad
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Location: vancouver,BC
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....is 'peso falls' news,,Dennis?
...maybe tell us when it -gains- value
..........threads we're unlikely to see 
.
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mtgoat666
Select Nomad
Posts: 18130
Registered: 9-16-2006
Location: San Diego
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Mood: Hot n spicy
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| Quote: | Originally posted by DENNIS
PESO FALLS
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Probably more correct to say the US dollar rose, eh? Economy booming in USA, so dollar up against many currencies. Thank you, Obama!
Yes we can!
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David K
Honored Nomad
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Location: San Diego County
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Mood: Have Baja Fever
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Wow, the Kool Aid is extra sweet today!
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DENNIS
Platinum Nomad
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| Quote: | Originally posted by micah202
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....is 'peso falls' news,,Dennis?
...maybe tell us when it -gains- value
..........threads we're unlikely to see
. |
Well...it was 12.90 to one a couple of weeks back.
It doesn't really matter much to me on a day to day basis except that merchants adjust their prices on imported items depending on the exchange rate
and it seems, that which goes up, rarely goes down on a readjustment.
Also....12.90 to 13.27 in such a short time is a big jump/fall.... however one wants to see it.
"YOU CAN'T LITTER ALUMINUM"
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SFandH
Elite Nomad
Posts: 7084
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More pesos per dollar will help offset the increase in gas prices for us gringos.
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DENNIS
Platinum Nomad
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| Quote: | Originally posted by SFandH
More pesos per dollar will help offset the increase in gas prices for us gringos. |
Gas prices go up every month. That's guaranteed.
No guarantees on Peso/Dollar values from minute to minute. 
"YOU CAN'T LITTER ALUMINUM"
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sancho
Ultra Nomad
Posts: 2524
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Location: OC So Cal
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Wow, the Kool Aid is extra sweet today! |
I think it may be time to RETIRE that phrase you are so fond of
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SFandH
Elite Nomad
Posts: 7084
Registered: 8-5-2011
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by SFandH
More pesos per dollar will help offset the increase in gas prices for us gringos. |
Gas prices go up every month. That's guaranteed.
No guarantees on Peso/Dollar values from minute to minute.
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Well then go buy some gas RIGHT NOW! 
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rts551
Elite Nomad
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and A sixth straight month of solid 200,000-plus job growth (for those who want to work) helped boost the economy as well. Unfortunately, this rise
in the value of the dollar will hurt those Mexicans who purchase US goods and services.
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micah202
Super Nomad
Posts: 1615
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Location: vancouver,BC
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| Quote: | Originally posted by rts551
and A sixth straight month of solid 200,000-plus job growth (for those who want to work) helped boost the economy as well. Unfortunately, this rise
in the value of the dollar will hurt those Mexicans who purchase US goods and services. |
...should help those that send money home,,reverse the trend ,,,no?
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bajabuddha
Banned
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For crying out loud, the difference between 12.8 and 13.27 is about THREE CENTS ON THE DOLLAR.
Somebody should pass out some Kool-Aid. Jayzus, people.
I don't have a BUCKET LIST, but I do have a F***- IT LIST a mile long!
86 - 45*
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rts551
Elite Nomad
Posts: 6699
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| Quote: | Originally posted by micah202
| Quote: | Originally posted by rts551
and A sixth straight month of solid 200,000-plus job growth (for those who want to work) helped boost the economy as well. Unfortunately, this rise
in the value of the dollar will hurt those Mexicans who purchase US goods and services. |
...should help those that send money home,,reverse the trend ,,,no? |
Most definitely helps those with dollars that spend or send money in/to Mexico. In the short term anyway.
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SFandH
Elite Nomad
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| Quote: | Originally posted by bajabuddha
For crying out loud, the difference between 12.8 and 13.27 is about THREE CENTS ON THE DOLLAR.
Somebody should pass out some Kool-Aid. Jayzus, people. |
That's 3%. I think that's significant.
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chuckie
Elite Nomad
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I know, but posting stuff about the peso makes Dennis happy, so its OK...
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rts551
Elite Nomad
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| Quote: | Originally posted by bajabuddha
For crying out loud, the difference between 12.8 and 13.27 is about THREE CENTS ON THE DOLLAR.
Somebody should pass out some Kool-Aid. Jayzus, people. |
In your case, insignificant...In a macro sense, 3 % is huge.
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DENNIS
Platinum Nomad
Posts: 29510
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| Quote: | Originally posted by SFandH
Well then go buy some gas RIGHT NOW! |
Living in Mexico, I'm preoccupied with getting rid of gas. 
"YOU CAN'T LITTER ALUMINUM"
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DENNIS
Platinum Nomad
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| Quote: | Originally posted by micah202
...should help those that send money home,,reverse the trend ,,,no? |
Shouldn't affect the sender whatsoever. Earn dollars...send dollars. I doubt they would involve their needy recipient with micro-managing the
interchange.
"YOU CAN'T LITTER ALUMINUM"
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bkbend
Senior Nomad
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Location: central OR or central baja
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In layman's terms, what I will save in a typical month of spending will buy half the beer I will drink in that month. That is significant.
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DENNIS
Platinum Nomad
Posts: 29510
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| Quote: | Originally posted by SFandH
That's 3%. I think that's significant. |
Indeed it is. That's app .2% per day or a rate of app 73% per year.
Way way too early for long term planning.
"YOU CAN'T LITTER ALUMINUM"
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