When you do business online today the most popular currency is the dollar, but that's not good if you're located in a country which doesn't use dollar since the dollar have lost a lot of buying power this year.

To get an idea, just have a look at how the exchange rate between dollar and euro have developed over the year:

The dollar has gone from an high-level of 0.79 against the euro down to 0.67 today!!!! This means that for every dollar you make you're actually earning 15% less that you would in April this year. And that's without losing any sales at all.

There's a similar trend for other currencies too, like for the Swedish Krona (SEK):

The drop here is from 9.25 in March down to 6.87 today. That's even worse then the development for the euro since that's a loss of 25.7%!!!

Lets hope the development changes soon, or Internet companies will have to start paying in euro instead.

A big thanks to Xavier Finans for the graphs.

The weakening of the dollar is a post from: Xavier Media Group