View single post by Martin Lee
 Posted: Thu Jul 16th, 2009 06:16 am
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Martin Lee

 

Joined: Thu Jul 9th, 2009
Location: London, United Kingdom
Posts: 13
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oagaspar wrote: Martin Lee wrote: How does the exchange rate make the prices 50% cheaper?

as of today 1 GBP = 1.65 USD ...so how doesn't your GBP spend farther in the U.S???....Ralf could easily sell the Moray in Europe for either $350. EU or $350.GBP and that would be good business imho...and then everyone would be asking to buy from the U.S distributor! :D
That's really not how currency works.  That's why exchange rates exist.

If I take £100 to the US I'll get about $165 in exchange.  That doesn't mean that $165 will buy me 1.65x more in the US than that £100 would have bought me in the UK.