Slicethepiers - your not being jipped

@SomeCowgirl (32255)
United States
March 9, 2009 5:33pm CST
For all of those who haven't caught on, GBP converted to USD has changed, it's now lower... So say where 5.00 GBP used to convert to nearly $10.00, it's now converting to nearly 7.00. Not sure why but I assume it has to with the economy. Anyone else notice this? I know that MyHPF is also a UK site with payout of GBP, so this might also be affected, I don't know as i haven't ever tested 20.00 GBP to USD which is the payout of MyHPF. Well, whatcha say?
3 people like this
2 responses
@hellcowboy (7380)
• United States
30 Apr 09
This is a pretty good discussion baby and it is also very informative and I am sure that different people have different opinions when it comes to the conversion rate of money,and I remember when we found out that the conversion rate from Great British Pounds to US dollars went down,I remember how we got so many payouts from Slice The Pie when the five dollars in Great British Pounds converted to nearly ten dollars in US dollars,and now it seems that five dollars in Great British Pounds barely converts to like seven dollars in US dollars,and I think it sucks that the conversion rate has changed,so I think the best thing to do is wait and see if the rate goes back up,and if not,then not worry about Slice The Pie as much and instead try to do even more on mylot since we know mylot is a trusted site that pays its members for their discussions and responses,I love you with all my heart and soul, have a great day,good luck with all your mylotting goals,and Happy Posting.
1 person likes this
@SomeCowgirl (32255)
• United States
1 May 09
I know we haven't even done slice the pie in awhile, so it wouldn't matter if we didn't do slice the pie anymore. It's not really our favorite thing anyway, so we wouldn't be missing anything that was , say fun for us to do when it comes to making money. Although mylot is fun, and I agree a great way to make money. I love you I appreciate the response.
9 Mar 09
That's the exchange rate. Every currency is measured like that against every other one and it changes by the minute, or even quicker. Most places use a daily rate of exchange. The dollar becoming "stronger" means it's worth more of a different currency (which actually works out well for me, here in the UK, since most sites are US and pay in dollars - so I get more pounds!). I don't know all the ins and outs of exchange rate fluctuation, but it's based on tons of factors. It only matters if you can decide WHEN you exchange your money: then it's worth waiting for a beneficial rate.
1 person likes this
@SomeCowgirl (32255)
• United States
9 Mar 09
I didn't realize that it exchanged that fast, I know that at least for a while it must have been miniscule. It seemed to hardly change, the economy must have a big factor in that. I use XE.com as a way to tell what I'm going to get in earnings from different sites. Like for UK sites, lol that is. Well I appreciate the response.
1 person likes this