source Inflation and currency depreciation is a real concern these days and I have noticed and felt the difference just in the last 18 months when travelling to the UK and around Europe. The purchasing

source Asking For A Friend This evening I had a lengthy phone call with a very close friend who has just returned from a family holiday in Mauritius. His mother is fairly wealthy and was on holiday with

I was reading an article today that pegged the true value of the Rand at R9 to the USD. The Rand is currently trading at R18.26 to the USD which is far better than the R20 we saw in the last couple of

source Last month on February 3rd the Rand touched R19.03 to the Dollar and has since recovered some lost ground. I would rather say the Dollar lost some ground due to the tariff news and when the dollar

source Over the last week we saw the South Africa Rand hit R19 against the $1 which represented a 3% loss due to Trump calling out SA's racial and foreign policies. The next US Ambassador for SA backed

source I know a few of you have asked me why I am still living in South Africa when we know of all the problems the country has. Security and family safety is always a big worry here and I literally guard

source Bad news as all this results in is every single item going up price as the country is so heavily reliant on road transport. Imported goods arriving at the Port of Durban are trucked into the interior

source The last time I travelled was way back in 2016 and even then things were considered expensive due to the exchange rates. It could be something like purchasing a simple coffee that is costing 2 or

source Having been in crypto for over 6 years the one difference that I have noticed is I think in dollars and not Rand's which is our local currency. It is probably not that surprising because thinking

source For those of us living in countries who have a stable high value currency like the USD, GBP or EURO this makes very little difference having crypto valued against the USD. If you lived in a country

source Over the last few weeks my daughter has been discussing trading in their car and getting one of the newish Chinese brands. Let us be honest they seem to be everywhere now and are hard to miss and

On a trading and investment level, we already know that cryptocurrency is volatile. The good news though is that this wheel of volatility we see in Crypto can boost the value during a bull run. Those that

Volatility of cryptocurrency is the process by which the rate of a or any cryptocurrency Investment has been appreciating or depreciating over a particular period of time. As a new Investor,one of the

In recent months, Turkey's troubled currency has plummeted to all-time lows versus the US dollar and the euro as President Recep Tayyip Erdogan pushes through with a widely panned plan to lower interest rates amid rising consumer prices. As a result, families are finding it difficult to purchase food and other necessities, and the Turkish lira has lost about 40% of its value since the beginning of the year, making it one of the worst-performing currencies in the world.

I will continue with some points about the types of costs, for example historical costs, which are those incurred in a certain period, for example: costs of products sold, cost of production in process.

Hi there. In this personal finance post, I want to cover a little bit on depreciating assets and consumer items. This topic of depreciation is a bit theoretical but knowing this can help with purchasing

What is 'Currency Depreciation' The depreciation of the currency is a decline in the value of a currency in a floating exchange rate system. The depreciation of the currency can be due to several reasons:

Something I realized when writing this article was that the early days of steem it was easy to make money, but now in October 2018 the tides have changed. One can not simply make a simple blog post, while

The exchange rate of the Renminbi to the greenback practically collapsed following the interest hike in the US - It appears that the market is finally responding to the interest rate hike in America. Source:

We will discus the accounting for a change in a financial accounting estimate related to depreciation. The calculation of depreciation is an estimate of the cost allocated to the useful life. There are