Currency nightmare
Let's start from the beginning:
2003 - 1 GBP was 390 FT
2004 - 1 GBP was 370 FT
2008 january: 1 GBP was 350 FT
Then of course, I went to the UK for the second time in January, and the credit crunch started to be felt there.
2008 July: 1 GBP was falling to 282 FT (which was around 28% loss from its value)
The sitation was strange, as GBP was falling against EUR, and Forint was strengthening against EUR. These two affects made my monthly salary worth much less if I exchanged to Forint. I was not happy at all.
But now, as the credit crunch affects seems to be reaching eastern european markets, Forint is going down the hill, which makes me happy, sorry to say that.
2008 October: 1 GBP is 318 FT!
Fingers cross guys, as I hope Forint will go even more deep. :-)