EUR vs QAR - I have to call my company...

eu61
By eu61

They are invoicing in QAR, so they are happy, but Im losing money each time I go to Carrefour...

Qatari rials per euro (source www.oanda.com)
25.06.2008 5.66560
01.07.2008 5.74980
01.08.2008 5.68360
01.09.2008 5.35040
01.10.2008 5.21020
15.10.2008 4.98190
24.10.2008 4.67510

17,5% down since I arrived here around four months ago. Meaning that besides inflation I have a 17,5% rise in prices...

By anonymous• 24 Oct 2008 18:20
anonymous

currencies do fluctuate but these are no ordinary times... the speed of the euro's drop is scary, only stockmarkets and oil are doing worse!!

**lateral thinking**

By eu61• 24 Oct 2008 11:24
eu61

sure!

company provides accomodation and transport (rent car).

If not, this would be a mouse trap...

War looking for peace,

is like fornication looking for virginity.

By eu61• 24 Oct 2008 11:22
eu61

paid in euros.

War looking for peace,

is like fornication looking for virginity.

By anonymous• 24 Oct 2008 11:21
Rating: 4/5
anonymous

but you are very lucky if your company provides accommodation.. i get paid in euro and also have to pay for my flat, which means my rent has gone up already by more than 500 euro since July when i arrived :(

qatar, the perfect financial trap!

**lateral thinking**

By force1• 24 Oct 2008 11:17
force1

how does that work? are you being paid in euro's or riyals.

if riyals then you should be happy since you can buy more euros back home with the same amount of riyals.

if ur getting paid in euro's tough luck,sorry to hear that m8 u really are losing out.

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