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Charging in Dollars

This is a discussion on Charging in Dollars within the Monetisation Tips & Tricks forums, part of the Monetising Your Website category; In my view the majority the US would not purchase in any other currency we would be afraid to purchase ...


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Old 13-03-2008, 01:50 PM
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In my view the majority the US would not purchase in any other currency we would be afraid to purchase in the Zimbabwe dollar (because we don't trust it as a measurement). I also beleive the US dollar has been higher than it should have been for years and is now correcting. It is very unlikely to be allowed to devalue more than another 10% . Central banks will if need be step in and buy dollars on mass at this point to protect global trade.

If you knew your likely sales and they are over 5,000 EURO it is possible to set up a forward contract to have a dollar rate for three months time with a currency broker. I use Foreign Exchange - Axia Fx Foreign Currency Specialists in London.
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Old 13-03-2008, 06:02 PM
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Aaaargh! The exchange rate is killing me. It's hard to fathom that I'd instantly make over 50% extra if the dollar was devalued.

For the moment, I'm hoarding dollars in my paypal account until something improves.
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