This past weekend we noticed it is virtually the same: 1 USD equals 1.002 CHF. WHen we first moved here a dollar was about .80 CHF.
Other notable exchange rates:
- 1 USD = .65 Euro
- 1 USD = .49 GBP
It means that it makes even more sense to purchase things in the United States and either bring them back from a trip, or pay for international shipping rates and possibly a customs fee. There will definitely be shopping during our trip in April.
It also means that we are very, very thankful that we are nowhere near retirement because our investments, predominantly in the United States, are also swirling the toilet bowl. We have time for them to recover before we will need them.
And, of course, it further means that GLH is already rubbing his hands together in anticipation our of trip to Las Vegas!
So, my fellow Americans, I strongly recommend you look elsewhere for your vacations for a while. A trip to Europe will be even more expensive. Not that it was cheap to start. (Note to family and friends: you can still visit us. Our weekly rates are very cheap! You just have to bring us peanut butter or cold medicine or something.)
And to Europeans, now is the time to plan that trip to the US you keep meaning to do!