Won to CDN

The Canadian dollar is buying about 1,100 KRW. Korean won. Good for Canada....not so good for Ellen and I who get paid in Korean dollars. Compared to only about a month ago, that is a 10% swing. Looked around and found some forecasts from http://www.forecasts.org/index.htm of currencies against the USD. So first:
Won vs. USD

Then:
CDN vs USD

So, by taking a couple ratios, the CDN $ is going to gain another 9.4% by Apr. 2009 which is only gonna make it worse. So, stick to strategy of monthly and evaluate as time goes on to see if there is any value in holding. For those of you who are asking....yes I have a lot of free time on my hands and yes I will try to do something more interesting than this in the future for my blog posts. Talk to you soon.
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