Tag Archives: exchange rates

Tue 28th October 2008
Written by DomainNameWire in EN and tagged
Exchange Rate Swings Mucking Up Domain Market - Rapid changes in exchange rates affecting domain name transactions. The value of the U.S. dollar has soared in recent months compared to the Canadian Dollar, British Pound, Euro, and several other currencies. There are winners and losers. How much has the value of the dollar changed? Two months ago a Euro would buy about $1.60 USD. Now it buys $1.25 USD. That’s down 22%. Two months ago a British pound would buy almost $2.00 USD. Now it buys $1.56. That’s ... read more ...
Tue 15th April 2008
Written by DomainNameWire in EN and tagged
Canadian Domainers Feel Pain of Rising Loonie - Rising currency values can actually hurt Canadian domainers. Canada has launched its share of superstar domainers including Kevin Ham and Adam Dicker and domain companies such as Tucows (AMEX: TCX) and Live Current Media (OTCbb CMNN.ob). You’d think they are happy that the Canadian Dollar, also known as the loonie, has met parity with the U.S. dollar. But that may not be the case. Consider that they generate revenue mostly in depreciated U.S. dollars but have ... read more ...