if I (in the United States) sell a product to a customer in Paris, after I do the currency conversion do I then have to inflate the price because the Euro is so much stronger then the dollar?
Assume that the product I am selling is out of Paris, but the order is being written here in America.
lets say the product is $100 here.
what do I charge in France?
Euro to Dollar Exchange rate dielema-?
at least double.
Euro to Dollar Exchange rate dielema-?
It sounds like you are buying in Paris and selling in Paris.
If you buy in Euro add any other costs in Euro.
Convert to Dollars and add your margin in Dollars.
Convert back to Euro that is your Euro selling price.
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