One of the largest topics on news broadcasts lately everywhere is the financial crisis or credit crisis. It has lead to extreme market volatility and market upswings and downswings. Some people are losing lots of equity, whiles others are trying to capture it and get things at a bargain. Now regardless of what your theory is in investing. Whether you are putting your money in a secure bond or value investing. One things for sure, you can use the current market right now to increase your earnings instantly on Dreamstime depending on where you are living in the world right now. How? Well it comes down to the current exchange rate. The US dollars is rising, and most other countries is falling. And since Dreamstime pays in USD, it may be a good time to cash out instead of leaving it in your account.
Here are some numbers for www.xe.com for your information (please remember these are the rates as I'm am writing this blog):
1 USD = 0.79541 EUR
1 USD = 0.63750 GBP
1 USD = 93.8633 JPY
1 USD = 1.28341 CAD
1 USD = 1.62759 AUD
1 USD = 1.15398 CHF
1 USD = 27.2774 RUB
1 USD = 6.85280 CNY
The differences are pretty significant compared to before the crisis.
I hope your part of the world is doing ok among all this uncertainty. But hopefully this little bit of info is a bit of a bright side to the crisis. Take care everyone.
Photo credits: Karin Hildebrand Lau.