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How many US dollars will it take?

Discussion in 'Off Topic Threads' started by senior smoke, Aug 15, 2013.

  1. senior smoke

    senior smoke Well-Known Member

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    Hello:
    I want to give someone who lives in Sweden $1,000.00 in Swedish money. How much will it cost me in US dollars?
    Steve Balistreri
    Wauwatosa Wisconsin
     
  2. ChetH

    ChetH Member

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    https://www.google.com/search?q=1000+us+to+swedish+kroner&oq=1000+us+to+swedish+kroner&aqs=chrome.0.69i57j0.13564j0&sourceid=chrome&ie=UTF-8#bav=on.2,or.r_cp.r_qf.&ei=v-IMUqb8A6ig2QX004GgDw&fp=2bef2a73602f93c3&q=1000+us+to+swedish+krona&sa=X&spell=1&ved=0CC0QvwUoAA
     
  3. Steve Fischer

    Steve Fischer Member

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    WOW! Approx. 6.5 Krona's to 1 dollar. Almost as bad as a Mexican Peso. Nothing like inflation to destroy currency values.
     
  4. wolfram

    wolfram Well-Known Member

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    'bout a grand - you did say you wanted to give the $1000 right?
     
  5. hmb

    hmb Well-Known Member

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    About $154 to give him 1000 Kronas. HMB
     
  6. senior smoke

    senior smoke Well-Known Member

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    Thanks!!!
    Steve
     
  7. stokinpls

    stokinpls Well-Known Member

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    Their exchange rate isn't so hot, but they do have "free love".

    Bob Falfa
     
  8. Chichay

    Chichay TS Supporters TS Supporters

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    A single exchange rate per se is not indicative of "value". What US$154 will buy here vs 1000 Kronas in Sweden is another matter. If, however, next month the conversion for US$154 is 952 Swedish kronas, then one can say that the Swedish krona is appreciating against the dollar or that the latter is losing its value against the krona.

    Steve,

    Your first statement is a little confusing. Your second statement gives a hint of what you really want to do.

    Chichay
     
  9. birdogs

    birdogs TS Member

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    Remember that the purchasing power of $1000 will not be the same in Sweeden as it is in the US. In other words, you may think that you are giving a great gift and the recipient may think you a cheapskate. On the other hand, if the purchasing power is greater in Sweenen you will look like the last of the big time spenders.
     
  10. senior smoke

    senior smoke Well-Known Member

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    Ok, let be try this again. If I purchase a round trip airline ticket here in the USA it will cost me roughly $1,000.00 American money. I want to send her enough money so she can purchase this same round trip ticket as she lives in Sweden. How much American money do I have to send her to purchase this ticket?

    Ten extra points to anyone who can give me a straight correct answer. The PM's I have received range any where from 5,000 Kroner to 1 billion???? I use to work in a bank, luckily I did not have to deal with exchange rates as this is to difficult for me to comprehend for my pee size brain.
    Thanks,
    Steve
     
  11. Remstar311

    Remstar311 Member

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    Buy the tickets for her.
     
  12. mike b.

    mike b. Member

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    A lot of off forum questions can be simply answered by going to GOOGLE .
     
  13. Catpower

    Catpower Molon Labe TS Supporters

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    Mike B is right, I checked on the US Foreign Exchange site and they said $1,000 US is the same as $6510.50 Kronas
     
  14. Chichay

    Chichay TS Supporters TS Supporters

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    What Remstar said.
     
  15. Catpower

    Catpower Molon Labe TS Supporters

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    Too bad I didn't go to my family reunion this year, it was in Sweden, still have lots of family over there, I might have been able to tell you for sure

    But I think the exchange rate I put up there is pretty close
     
  16. senior smoke

    senior smoke Well-Known Member

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    Thanks everyone for your help.
    Steve
     
  17. wolfram

    wolfram Well-Known Member

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    Okay but its not like you go and get the Kronas and stick them in an envelope and mail them off. You transfer the funds to her account and the financial institution takes care of the currency exchange minus a small fee. So if you wanted to give a $1,000 (spelled out - one thousand dollars) then that is what you transfer, that is the cost to you. What does it matter what its for?

    You really worked in a bank and this boggles your mind?