Jump to content
  • 0

How much did the Price of L go Down?


ISGI
 Share

You are about to reply to a thread that has been inactive for 2933 days.

Please take a moment to consider if this thread is worth bumping.

Question

3 answers to this question

Recommended Posts

  • 0

According to the Market Data, $L are currently trading at around $L270 = $1.00 US.

For several years now, the average exchange rate has been around $L250 = $1.00 US, so one could say that the price of the $L has dropped by about 20.

But if you go back several years, you'd see that for a long time the exchange rate was at about 270:1, so another way to look at it is that the $L has just returned to its former range.

This is good for people who are holding a lot of $USD and want to buy $L!  Not so good for those who have a lot of $L and were planning to exchange them for $USD.

  • Like 1
Link to comment
Share on other sites

You are about to reply to a thread that has been inactive for 2933 days.

Please take a moment to consider if this thread is worth bumping.

Please sign in to comment

You will be able to leave a comment after signing in



Sign In Now
 Share

×
×
  • Create New...