Exchange Rate
- Thread starter Riaz
- Start date
as a person having to keep a constant eye on the exchange rate for work purposes, it's way better than it's been a looooong time, we're down to R10.40 level now, where we were at R11.24 levels 3 months ago 
so it's definitely looking better like @Riaz said hahaha 
Rock on with the international orders hahaha
so it's definitely looking better like @Riaz said hahaha Rock on with the international orders hahaha 
yip me too @Metal Liz
always having to check the exchange rate, even a drop of 5c makes a HUGE difference on a $300k payment
always having to check the exchange rate, even a drop of 5c makes a HUGE difference on a $300k payment
how come you got R10.74? that's a huge difference to what it's at...
Was that the PayPal rate?
Yip - a $ 107.48 purchase debited my bank account with R 1154.35. In know it includes their fee, but in reality that's what it cost using that method of payment.
yeah, but i work with eMarketTrader on my comper everyday for our overseas payments, it's linked directly to the bank, so if i book a rate on emarket for a payment, that's exactly the rate my invoices are paid at. the commercial rate we see on TV is an average of the buying and selling rate and these rates are always lower than the actual rate one books at the bank, cause buying always runs a minimum of 10c above selling rates at the moment my rate is R10.39 for buying and R10.28 for selling
at the moment my rate is R10.39 for buying and R10.28 for selling
@Metal Liz the currency you work with doesnt involve a 3rd party (like paypal)
you are transacting directly with your suppliers/ customers
you are transacting directly with your suppliers/ customers
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