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DYBBUKIM
Post Pimp
Joined: Sat Feb 18, 2006 2:49 pm Posts: 2726 Location: San Frandisco
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 Celga's US dollar to Japanese exchange rate is screwed!
The official rate of exchange internationally is now 98.7 Japanese Yen to 1 US dollar. Celga's rate is now 90 yen to 1 dollar. Has anyone else noticed how off they are? WTF?
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| Sun Nov 02, 2008 5:27 am |
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jebcrow
Side Dealer
Joined: Wed May 24, 2006 4:11 pm Posts: 2253 Location: lahn-dahn
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 Re: Celga's US dollar to Japanese exchange rate is screwed!
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| Sun Nov 02, 2008 5:55 am |
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Joe
Site Admin
Joined: Mon Dec 17, 2007 2:55 pm Posts: 12318
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 Re: Celga's US dollar to Japanese exchange rate is screwed!
DAMN...and I thought PP was bad at 95.96.
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| Sun Nov 02, 2008 5:59 am |
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Lixx
Mr. Grumpy™
Joined: Tue Oct 09, 2007 8:01 am Posts: 7380 Location: Deep in the Jungle
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 Re: Celga's US dollar to Japanese exchange rate is screwed!
Celga is all over the place with their rates. They've been steadily dipping with a very "unfriendly not accurate" rate for months now. Sure the weakening dollar has alot to do with it but they always rate 8 cents below what it really is. Just the other day they had it at 87 to 100, then 92 to 100, now within a day it's 90 to 100. For everyones info, the rate this time last year was 110 to 100.
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| Sun Nov 02, 2008 6:35 am |
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atease
Illuminati
Joined: Mon Jun 26, 2006 6:23 pm Posts: 5382 Location: Boston, MA
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 Re: Celga's US dollar to Japanese exchange rate is screwed!
The rate of 98.7 is the interbank rate, a consumer would never get a bank rate unless you were going to a very generous currency exchange office.
For all of those transactions they need to pay fees. Celga isn't going to absorb bank transfer fees.
_________________
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| Sun Nov 02, 2008 7:46 am |
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Rich
Die-Cast
Joined: Tue Mar 07, 2006 8:46 pm Posts: 11806
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 Re: Celga's US dollar to Japanese exchange rate is screwed!
atease wrote: The rate of 98.7 is the interbank rate, a consumer would never get a bank rate unless you were going to a very generous currency exchange office.
For all of those transactions they need to pay fees. Celga isn't going to absorb bank transfer fees. But they do that regardless, they charge you that on top of the other stuff. They are making money on top of money. Dont you worry about them. So they charge you a monthly fee to just be gold, then the fees for what ever you win, plus bank transfer fees, and shipping with in Japan, the shipping to you etc...... They make bank !
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| Sun Nov 02, 2008 10:18 am |
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akum6n
Prototype
Joined: Sat Nov 04, 2006 12:03 am Posts: 6162 Location: Shima
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 Re: Celga's US dollar to Japanese exchange rate is screwed!
It's an annual fee, not monthly. I think it breaks down to about $3 per month.
I'm ok with fees/markup if the service is consistently smooth. YJA auctions are fine, but I've had a few issues with webstore orders.
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| Sun Nov 02, 2008 10:26 am |
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locomoto566
Super Deformed
Joined: Sun Jan 01, 2006 3:00 pm Posts: 5466 Location: right behind you
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 Re: Celga's US dollar to Japanese exchange rate is screwed!
I thought it was a YJA fee not Celga.
_________________ Show me your inner child and I will kill it.
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| Sun Nov 02, 2008 12:24 pm |
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Alice
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 Re: Celga's US dollar to Japanese exchange rate is screwed!
locomoto566 wrote: I thought it was a YJA fee not Celga. Yup. There is a monthly YJA membership fee of 294 yen that everybody pays, Celga or not. Also, what atease said: you'll NEVER get what it says in the paper as a high-street consumer. And rates always vary from place to place. Exchange rates are fluctuating wildly at the moment. Celga probably have to wait a few days for your money to clear each time. They're probably just looking at 'worst case scenarios'.
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| Sun Nov 02, 2008 1:56 pm |
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