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

We're doing this to separate news about the group from the actual business and to make it easier for our investors to find valuable information by accessing just one site. XMG.biz will of course also be used for our online office functions, but that will be done in a separate step.

Under the menu called "Companies" you will find statistics and reports from the different companies within the Xavier Media group. So far we only have statistics from Xavier Media, but pretty soon we'll add something about the other companies as well

For the average Joe we know this site will be pretty boring, but please remember that XMG.biz is mainly for just information about the group for people interested in our statistics and other numeric data

New layout for our company web site is a post from: Xavier Media Group

In the near future we'll add some more statistics and cool graphs

Site updated is a post from: Xavier Media Group