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The St. Barth money exchange is advertising $1.25. Could St. Barth be a relative bargain this winter?
- Thread starter tim
- Start date
MIke R
Senior Insider
Re: Euro = $1.25
key word being "relative"
and lets not forget all the wealth which has been extracted from the beautiful people via the stock market implosion....
time will tell...currently our season pass sales are up year to date, in a bad economy, which only happens when people decide to stay home and recreate closer to home
time will tell
key word being "relative"
and lets not forget all the wealth which has been extracted from the beautiful people via the stock market implosion....
time will tell...currently our season pass sales are up year to date, in a bad economy, which only happens when people decide to stay home and recreate closer to home
time will tell
lloyd
Senior Insider
Re: Euro = $1.25
Not for usit won't !!!
Our dollar just hit $1.61 today vs the Euro, ( it was $1.40 in the summer)and has fallen from par with the US$ in September to .77 today ! The lower oil goes, the lower our $ sinks. Oh for the good old days of $140/barrel !
This will be the most expensive winter for us in SBH in many years (in spite of the fact that the Cdn economy has remained relatively isolated from the mess below us)
Go figure !
Not for usit won't !!!
Our dollar just hit $1.61 today vs the Euro, ( it was $1.40 in the summer)and has fallen from par with the US$ in September to .77 today ! The lower oil goes, the lower our $ sinks. Oh for the good old days of $140/barrel !
This will be the most expensive winter for us in SBH in many years (in spite of the fact that the Cdn economy has remained relatively isolated from the mess below us)
Go figure !
Petri
Senior Insider
Re: Euro = $1.25
The prices in St. Barth (and other places) seem to go up annually. A 10% increase in price will make a 10% "gain" in exchange rate meaningless.
Places like St. Barth are a bit difficult because they're not exactly in the middle of euro-economy. Or if the flights and the villa are priced in USD, that's quite a big piece of the total costs.
We went to NYC for a summer break & shopping trip in June and despite the euro-favourable USD-EUR rate, it didn't feel exactly cheap or even inexpensive. But our recent trip to South Africa did feel like a bargain.
The prices in St. Barth (and other places) seem to go up annually. A 10% increase in price will make a 10% "gain" in exchange rate meaningless.
Places like St. Barth are a bit difficult because they're not exactly in the middle of euro-economy. Or if the flights and the villa are priced in USD, that's quite a big piece of the total costs.
We went to NYC for a summer break & shopping trip in June and despite the euro-favourable USD-EUR rate, it didn't feel exactly cheap or even inexpensive. But our recent trip to South Africa did feel like a bargain.
Re: Euro = $1.25
We live just south of the US-Canadian border, and in the good old days, when $1 US=$1.50 Canadian, we could afford to go up to the Eastern Townships in Quebec for dinner. Looks like the good old days may be coming back again!
Still I am with Andy below, I would trade 14,000 for a nice dinner in Quebec anyday.
We live just south of the US-Canadian border, and in the good old days, when $1 US=$1.50 Canadian, we could afford to go up to the Eastern Townships in Quebec for dinner. Looks like the good old days may be coming back again!
Still I am with Andy below, I would trade 14,000 for a nice dinner in Quebec anyday.
