----- Original Message -----
From: "wwwpages"Sent: Friday, December 03, 2004 1:07 PM
Subject: [wdvltalk] Free Dynamic Currency Display Script


: Does anyone know of a free script that allows me to dynamically display a
: price on my website in multiple currencies, using up to date exchange
rates?
>>
Its a nice thought, but apart from the potential cost of sourcing real time
forex rates, you may be opening up a potential foreign exchange risk for
your business....

If you are a an e-commerce site the critical factor is not the current
exchange rate at the time the surfer looks at the page, but the time of your
receipt of payment and the rate applicable on conversion of the
payment......

e.g.: if at this moment  you display a price in USD and receive payment in
45 days time, and the USD has depreciated 35% in that time against the AUD
(quite possible) what has happened to  your margin?

If you intend it purely as an indication, same problem in reverse, the
purchaser ends up paying 35% more than they thought..........


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