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TranceAddict Forums > Local Scene Info / Discussion / EDM Event Listings > Canada > Canada - Toronto & Southern Ont. > FOR SALE: Euros @ 1.5712 (cash rate)
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Jayx1
Prime Minister of TOTA



Registered: Feb 2003
Location: The Socialist People's Republic Of Canada

Today's rate for the Euro is 1.51.

That means you will be lucky to get 1.46 at the bank for them. Id dump that devaluating currency as fast as possible. Only a sucker will pay 10 cents more than they are worth.


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quote:
Originally posted by jester
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Old Post Jun-10-2005 16:43  Canada
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rabbitjoker
aural sadist



Registered: Aug 2002
Location: Toronto, ON, CANADA
Jester

quote:
Originally posted by Jayx1
a sucker ... 10 cents more than they are worth.


A sucker + 0.10 cents more then they are worth?... Now we're talkin'!


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Old Post Jun-10-2005 16:46  Canada
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Jayx1
Prime Minister of TOTA



Registered: Feb 2003
Location: The Socialist People's Republic Of Canada

quote:
Originally posted by rabbitjoker
A sucker + 0.10 cents more then they are worth?... Now we're talkin'!


ahahahahhaha

actually its cheaper than that in eastern europe so ive heard

sucky sucky fucky fucky?


___________________
quote:
Originally posted by jester
Everything in this country is illegal.

"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery…" Winston Churchill

‎"If you have ten thousand regulations you destroy all respect for the law" - Winston Churchill

Old Post Jun-10-2005 16:47  Canada
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dEsidEL
Fu Man Choonz



Registered: Aug 2000
Location: Below the Belt

quote:
Originally posted by Jayx1
He needs to lower his rate to somewhere in between the banks buy and sell rate. Id say 1.52-1.54

Selling it at a premium above whatever the bank even charges isnt exactly going to make people run to buy his euros.




i managed to sell them today for the rate i bought them at ..

i encourage you to find me someone who sells them at 1.52 - 1.54 in (cash) , not a (non-cash) rate. the rate you see on yahoo.com does not take into account overhead costs when dealing an exchange, nor is it a cash rate. that's the rate you'd be close too if you were exchanging it through electronic means, or purchasing them in non-cash tender like traveller's cheques.

why would i want to sell them at a loss? i'm just trying to get back what i paid for them. the buy/sell spread is the markup the bank charges in order to make profit from a foreign exchange, which is not what i'm trying to do here.

good luck trying to find a bank who's gonna sell them at anywhere near ur 1.52-1.54 in (hard cash).

anyways, it's sold.


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Last edited by dEsidEL on Jun-11-2005 at 03:20

Old Post Jun-11-2005 03:06  Micronesia-Federal State of
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TranceAddict Forums > Local Scene Info / Discussion / EDM Event Listings > Canada > Canada - Toronto & Southern Ont. > FOR SALE: Euros @ 1.5712 (cash rate)
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