Exchange Rates
Scott
harry_potter00 at yahoo.com
Sun Mar 18 04:21:28 UTC 2001
Christian wrote:
"I agree that the Galleon seems underrated. It may of course be a
result of the exchange-rate not properly reflecting the relations in
actual buying-power between the currencies. This is analogue to what
I experienced on a 3-week tour through Europe with an American
concert-band in 1994: I noted that if I had brought traveler's
cheques in US Dollars (USD) instead of Norwegian Kroner (NOK)
(assuming equivalent amounts), I would have gotten up to 50% more of
the local currency than I did. I brought NOK equivalent of USD400,
but they lasted only as long as 300 *actual* USD would have lasted.
This is of course also *very* beneficial to muggle-born students,
whose money will last a long way.
"I also note that there *is* inflation in the wizarding world, as 150
Galleons in 1269 is the equivalent of more than one million Galleons
today."
--I'll agree that the Galleon rate seems a little bit low. I'll also
admit that money exchange rates completely baffle me. I got GBP 20
for USD 40 while in Britian and I don't think that was very good.
When I was in France the only person who could convert to Francs was
a Brit. and so my American friends and I were going from Francs to
Pounds to Dollars...Argh!
So does this mean that the Wizards are better off getting paid in GBP
and then changing them to WWG (Wizard World Galleons)????
Scott
Who just doesn't get it...
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