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Friday, December 22, 2006

U.S. Dollar to Euro exchange rate

The current U.S. Dollar to Euro exchange rate is a little problematic right now. I'm European, selling my programs in US$. So each time my check arrives, they use the current exchange rate to convert the amount to euros (obviously). But the exchange rate is so bad right now that I feel like I'm losing money on it. Take November for example (the current check). I'd have almost 500 euros more if I cashed the check using the exchange rate of a year ago. A huge difference if you ask me.



I wonder if it wouldn't be better to sell my software in euros. That way, the exchange rate has no influence on me. The downsides: It would influence the US customers of course. And almost everyone sells in US$, which may make my system awkward for customers. In fact, I don't know any misv that sells in euros. All download sites work with US$, and so does the PAD file.

RegNow offers a system where you can set a fixed value for euros instead of using the exchange rate. But why would a European customer want to pay more when using euros when he / she can just as well pay in dollars?

This is as yet unresolved for me. I’ll have to do some research to see if it's feasible to use euros instead.

2 Comments:

  • We have just changed our prices from dollars to euros, and yes this means that people who are earning in dollars will have to pay more as the dollar drops.

    By Anonymous Anonymous, at 4:56 PM  

  • Care to tell me which registration service you use? RegNow doesn't support basic euro prices. How about the download sites?

    By Blogger Wouter Dhondt, at 5:50 PM  

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