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How the Euro Crisis Will Affect Domain Sales

  • 發佈時間:2010-05-12

  • 瀏覽次數:4552

  • I've written a number of times about how currency exchange rates play a role in domain name buying patterns. Thanks to a strong Euro over the past 5 years, a number of European domainers have been able to buy domains from weaker currency nations (e.g. U.S.) at what seemed like "discounted prices".

    This is quickly changing. With troubles in Greece mounting and fear of its debt troubles spreading to other Euro nations, the Euro has fallen nearly 12% to the U.S. dollar since the beginning of the year. It’s still up substantially from a decade ago, but the sharp slide could just foreshadow what’s to come.

    This isn't an economics blog, but here it is in a gist: Euro countries all have different economies but only one currency. So each country can't change monetary policy as needed.

    As the Euro falls, European domainers have to pay what seems like more money to buy domains denominated in other currencies. On the flip side, people in areas with different currencies can now pay "less" when buying domains denominated in Euros.

    Of course, if there's an all-out currency crisis then we might have to buy domain names with gold.

     

    Register domain names in www.todayisp.com with Euro.

     

    Euro accepted here.

     

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