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Subject: Re: What countries have the best exchange rate for the dollar? Posted on: Mon, 29 Sep 2003 00:04:39 GMT

On Sun, 28 Sep 2003 23:51:14 GMT, "David Eduardo"
wrote:

>Exchange rate does not indicate what the money, once exchanged, will buy.
>You may get 5,000 EscudoSolPesos per dollar, but if the cost of living in
>whatever country we are talking about is high, there is no advantage to
>getting 5,0000 EscudoSolPesos over getting some other currency that converts
>at 10 to the dollar or 3 to the dollar.

Of course not, which is why asking the question "which country has a
good exchange rate with the dollar?" isn't mentioning anything about
5,000, or any numbers, it's asking which are good.

I think lots of people understood the question well enough.

A good exchange rate for a tourist is clearly one which makes things
you buy cheaper at the destination, it's got nothing to do with the
units used.

Jim.