Exchange Rates

Exchange rates.  My dollar VS yours.  You found what you want to buy, most likely at this point in history, its online.  What if its in another country?  Now you are dealing with a different currency.  Whats' an exchange rate?   Its the rate used to equal one dollar in one currency against the value of another.  If the exchange rate says your countries dollar isn't worth as much as theirs, you pay more.  If the reverse is true you pay less.

Most people don't think about exchange rates in their daily lives.  As a collector its more front and center.  When an item costs $100 in another country and you have to pay another $20 or $30 to balance the currency, it gets expensive.  Exchange rates are on the Stock Exchange and change daily. 

So there is some real courtesy to paying a person on time.  Paying them late could cost them money.   You can afford to sell the same items cheaper but if your dollar goes up in value against the currency you wish to sell in then you have to raise your prices accordingly.  Is not unrealistic for a dollar to change a couple of Cents over a 2 day period in a volatile market.  That 2 Cent fluctuation equals a $20 difference over $1000.  A 4 cent fluctuation would be $40 over a $1000.  When dealing in higher priced harder to find items this is a noticeable reality.

$40 might not seem like much, yet I have seen a lot of people who consider $5.00 extra for shipping a deal breaker.

Oh the complicated world we live in.