Chang from USD to EURO in Hyip Industy's Impacts?
Hi..
Just my experience using USD for ads income instead of EURO's.
I used to get 4.0 Polish Zloty for 1 usd when i first started off with our
money making forum. These days i get 2.19 Polish Zloty for 1 USD.
It seems like it does not effect those that live in US that much, and they dont seem to notice the difference to much, like we, who live out-side the US do..
An example of further loss doing business in USD for me has been:
3 weeks ago i had $5k to exchange. At that time price for 1 usd was
2.40 PLN in Poland. For that i would get 12000 PLN. 2 weeks later i decided to sell it all. Since wireTransfer takes about 1 week, 1 Usd had dropped now to 2.18 PLN giving me the net sum of : 10900 PLN.
Seems like USD is dropping like a ROCK, and its not worth doing business in this currency for me anymore.. Changing to EURO's won't give me 4:1 like i used to get from USD at the start, but its been stable around 3.3 - 3.5 for a longer time.
I just think a change would be good for all. Those that live in US will get more USD's for the EURO's, and those that live outside US, will not have such drops in the value of the money by using Euro's...
Just want to hear how you think, changing the standards in Hyip industry from Usd to EURO can affect the income as a site owner? Perhaps you have some e.g of things you have noticed...
Regards
Marek
Last edited by Marek; 03-27-2008 at 04:38 PM..
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