It's something to do with many things... but the fact is our dollar is
fairly high against most currencies at present. The exceptions are other
countries which comparatively high interest rates (eg Australia and the UK)
and even against them it is pretty high (just not quite at record levels).
As for comparing with the exchange level 30 years ago (actually closer to 40
years ago I think you mean?) we had a pretty rocky time (think the Titanic)
in the late 70's early-mid 80's which explains most of that depreciation!
From: delphi-bounces@delp... [mailto:delphi-bounces@delp...] On
Behalf Of Steve Peacocke
Sent: Friday, 27 July 2007 10:37 a.m.
To: NZ Borland Developers Group - Delphi List
Subject: Re: [DUG] basic question
Its nothing to do with our economy. Its to do with the economy of the
US wher the dollar is devaluing against all other currencies.
What's this got to do with Delphi? ... er ...
function NewZealandDollar(USDollar: Currency) : Currency;
Result := USDollar - (Random(50) + SizeOf(CullenMouth - HelenDarkLook));
On 27/07/07, David Brennan <dugdavid@dbso...> wrote:
> And here was me thinking it was due to the highest interest rates in the
> Western World... ;-)
> > "It must be worth 80c US at the moment due to the excellent state of
> > the economy."
> -----Original Message-----
> From: delphi-bounces@delp... [mailto:delphi-bounces@delp...]
> Behalf Of peter@webc... > Sent: Thursday, 26 July 2007 10:37
> To: NZ Borland Developers Group - Delphi List
> Subject: Re: [DUG] basic question
> > I thought I might add my 10c (1/2/5 what has happened to our
> > currency?!)
> It has become so overvalued and full of itself that it will not
> acknowledge such derisory amounts.
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