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Post by MuvverRussia on Nov 6, 2004 14:01:55 GMT -5
Yeah, I know it's tax. However it illustrates that in reality minor oil price fluctuations have little to do with the pump price. It's only when you have crisis such as the Iranian crisis in the late 70s/early 80s that you see any real change. My major is in economics btw .
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Post by me on Nov 6, 2004 14:06:17 GMT -5
i figgured. My major is in economics btw .
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Post by me on Nov 8, 2004 22:35:36 GMT -5
MAN!! it's almost US$1.30 / € today! Trichet’s right; that's brutal! - d
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Post by googleygoo on Nov 11, 2004 22:16:13 GMT -5
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Casey84
Junior Travel Member
Posts: 5
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Post by Casey84 on Nov 14, 2004 20:02:24 GMT -5
Hello, I will be visiting Europe in about a month. I'm from New York. I would like to know is this a good thing or a bad thing concerning my trip. Sorry if this is a dumb question; I was always pretty bad a economics!
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Post by Libby on Nov 14, 2004 20:12:17 GMT -5
It's not a good thing Casey. What it means is that you will be paying more for your trip than you would have 6 months ago. Using the exchange rate today you will need to pay $1.32 US dollars to buy 1 Euro.
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Post by googleygoo on Nov 16, 2004 17:53:57 GMT -5
Hey Casey, don't know if you're from the city or from upstate, but if you're from the city, you'll already be used to how expensive things are anyway, so maybe the exchange rate won't seem as bad... and hopefully it will normalize a bit in a month... but you never know!
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Post by MuvverRussia on Nov 16, 2004 19:52:12 GMT -5
Most European cities are at least as expensive as New York for day to day stuff (e.g. excluding accommodation). A lot are more expensive (the UK in general, Oslo, Zurich etc).
As for the USD increasing in value, I can't see that happening before Christmas and even in the long run I can't see it rising to more than $0.58 (so £1.7ish to the USD) against the pound.
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lynn
Senior Travel Member
Posts: 59
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Post by lynn on Nov 23, 2004 14:22:59 GMT -5
This really has me nervous since I'll be leaving in March Just how bad will this impact my trip. I don't know much about this either, but I know it will cost me approx. $1.35 (US $) for ever 1 euro. Is that correct? I have heard that this may continue for another year or so! Anyway, I am budgeting for $55 per day for 90 days which will have me taking approx. $5000 US dollars spending money. (this is not including my railpass and flight which are already purchased) Will this be enough? I still have 3 mos. to go, and I would be able to go up a bit to about $6,000, but would rather not. What do you all think....is $5000 enough for 90 days?? thanks for your help!
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Post by WillTravel on Nov 23, 2004 14:30:17 GMT -5
That's about 40 Euros per day, which is really a low budget. What places are you visiting? This would be really tough in Italian cities, Paris, London, Switzerland, and Scandinavia - and probably most western and northern European countries. It would be somewhat manageable in Berlin and no doubt most of central/eastern Europe (former Soviet Bloc Europe).
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Post by Libby on Nov 23, 2004 14:39:12 GMT -5
You might want to stock up on some Euros if you are worried about the US dollar dropping more.
I was thrilled with Canada's currency going up and bought some Pounds stirling. It worked in reverse for me though, the CDN dollar continues to rise so it's getting cheaper. Still, I'm glad because now I have some money tucked away for the trip.
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lynn
Senior Travel Member
Posts: 59
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Post by lynn on Nov 23, 2004 14:43:31 GMT -5
That's about 40 Euros per day, which is really a low budget. What places are you visiting? This would be really tough in Italian cities, Paris, London, Switzerland, and Scandinavia - and probably most western and northern European countries. It would be somewhat manageable in Berlin and no doubt most of central/eastern Europe (former Soviet Bloc Europe). Amsterdam, Belgium, Spain, Portugal, Germany, Austria, Switzerland, Italy (staying with relatives), Greece & maybe Poland. Will be staying in hostels for all but Switzerland..plan to camp there. What if I brought $7000 would that be enough? thanks
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Post by WillTravel on Nov 23, 2004 16:03:38 GMT -5
I'd try to calculate what your lodging will cost. It doesn't have to be a firm plan, but that will give you a start. On that budget it will make a big difference whether you are spending 15 Euros per day or 25 Euros per day.
Also, what will you want to eat and drink over a typical day, and where will you want to eat it?
What do you want to see? Do you want to drink, or go to any clubs or concerts?
Will you want to buy anything while there?
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Post by Lynn on Nov 24, 2004 6:08:49 GMT -5
You might want to stock up on some Euros if you are worried about the US dollar dropping more. I was thrilled with Canada's currency going up and bought some Pounds stirling. It worked in reverse for me though, the CDN dollar continues to rise so it's getting cheaper. Still, I'm glad because now I have some money tucked away for the trip.
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Post by Libby on Nov 24, 2004 19:41:17 GMT -5
Lynn, I didn't see anything you wrote in the last post, only the quote of from my post.
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