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Last Updated: Sat, Feb 28 2015 | 2:57 PM |
Playing the currency game: Which Gulf expats are better off because of the rising dollar?
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Playing the currency game: Which Gulf expats are better off because of the rising dollar?

Gulf currencies pegged against the US currency have seen exchange rates soar in the past year, making good news for expats remitting money home. But who has gained the most and who should wait longer to save even more?

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Currencies Overview

GCC LAST BID CHANGE
Bahrain (BHD) 0.38 -0.01 %
Kuwait (KWD) 0.30 -0.05 %
Oman (OMR) 0.38 -0.12 %
Qatar (QAR) 3.64 0.01 %
Saudi Arabia (SAR) 3.75 0.00 %
* Value against US Dollars(USD)
Asia Pacific LAST BID CHANGE
Australia (AUD) 1.28 -0.04 %
China (CNY) 6.27 0.18 %
Hong Kong (HKD) 7.76 0.02 %
Japan (JPY) 119.51 0.08 %
New Zealand (NZD) 1.32 0.01 %
Singapore (SGD) 1.36 0.38 %
South Korea (KRW) 1,100.59 0.01 %
* Value against US Dollars(USD)
Middle East LAST BID CHANGE
Egypt (EGP) 7.63 0.00 %
Iran (IRR) 27,705.00 0.00 %
Iraq (IQD) 1,165.00 0.00 %
Jordan (JOD) 0.71 0.00 %
Lebanon (LBP) 1,505.00 0.53 %
Syria (SYP) 203.50 0.00 %
Yemen (YER) 214.87 -0.01 %
* Value against US Dollars(USD)
Americas LAST BID CHANGE
Brazil (BRL) 2.84 0.00 %
Canada (CAD) 1.25 0.06 %
Mexico (MXN) 14.95 0.03 %
* Value against US Dollars(USD)
Europe LAST BID CHANGE
Euro (EUR) 0.89 0.01 %
Norway (NOK) 7.66 -0.02 %
Russia (RUB) 61.53 0.62 %
Sweden (SEK) 8.34 -0.74 %
Switzerland (CHF) 0.95 0.02 %
United Kingdom (GBP) 0.65 0.18 %
* Value against US Dollars(USD)
South Asia LAST BID CHANGE
India (INR) 61.65 -0.12 %
Pakistan (PKR) 101.75 0.05 %
* Value against US Dollars(USD)

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Currency prices V property prices: Why now might be a good time for UAE expats to sell

Currency prices V property prices: Why now might be a good time for UAE expats to sell

Even with Dubai property prices forecast to decline this year, foreign owners who sell now could still make up to 25% year-on-year by taking advantage of the increasing strength of the US dollar

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