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Tilted Cat Head
Administrator
Location: Manhattan, NY
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Quote:
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Originally Posted by abaya
Well, for the last year I've been paid in dollars, so this is a good thing for me. However, I'm a grad student and my income doesn't amount to much anyway, I'm about to switch to kronur on the next paycheck, and my husband (ktspktsp) has been on kronur for the last year as well (he has the more significant income), so for us collectively... yeah, it's not a good thing.
If this pattern continues, we'll need to leave any money that we earned here, in the Icelandic banks for future use when we visit... and not change it to other currency, because it just won't be worth it. Which is kind of unfortunate, since we've saved a decent amount here. Damn Iceland, not being part of the EU! (Though they have their reasons, namely fishing rights.)
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Those Cod Wars with the UK probably are a good reason why Iceland is in as good a shape as it is.
Anyways, we too have monies in Icelandic banks for when friends make purchases that we bring for them. Before we used to collect monies and have them wire it to our account at Islandbanki (now Glitner, Skogafoss loathes the new name), now we ask for them to pay us back in dollars.
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