Thread: Neo900 - finally a successor of N900
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szopin is offline szopin
2015-05-17 , 23:44
Posts: 2,076 | Thanked: 3,268 times | Joined on Feb 2011
#2505
Originally Posted by Wikiwide View Post
The Neo900 project originates from a country in the Euro region, and it is therefore only natural for it to calculate its budget and to keep its financial assets in Euros.
[...]
Then something unexpected happened: the Euro started to drop ... and kept on dropping until it almost reached parity with the US dollar in March 2015. Since then, it has maintained a value around USD 1.08.
[...]
Unfortunately, most components are priced and have maintained their value in USD. This means that the cost of the components of Neo990, is now significantly higher than planned.
Is it only me, or if you keep disclosing the price in one currency you are still vulnerable to unexpected happenings? Say you open shop today and start gathering the Value in EUR, but like with swiss francs, announcement of a central bank happens and it jumps/drops by 25% from Sunday to Monday, what then? Sorry, all who paid in EUR/USD need to pay/are entitled to additional 25%, because this was unexpected? Only way to save yourself from it is to evaluate the Value in combined sum:
EUR price (all costs that come from EUR) + USD (all costs from USD)
This way, no matter how currency 'values' change, people would pay you the correct amount? You know which components are in USD, so just give USD price for them, you know what is paid in EUR, same here
 

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