Yeah I know but just giving the facts, a few years ago our dollar was on par with US and not that long ago it was at 39 cents and that would of been a cheap trip to come to NZ for you.
Location: Kelowna, BC - summer; Florence, AZ - winter
Posts: 4,009
Quote:
Originally Posted by kiwi 41
Yeah I know but just giving the facts, a few years ago our dollar was on par with US and not that long ago it was at 39 cents and that would of been a cheap trip to come to NZ for you.
CHEAP...?
HELL, I been there! (Back in 1970 on the Royal Canadian Air Force's "dime".... Landed at the Aukland military base - Whenuapai ???)
It was only in 2000 that our dollar was at 39 cents US and we joked about it being the pacific peso.
The New Zealand dollar was initially pegged to the US dollar at US$1.62 = NZ$1. This rate changed on 21 November of the same year to US$1.12 = NZ$1 after the devaluation of the British pound (see Bretton Woods system), although New Zealand devalued more than the UK.[6]
In 1971 the US devalued its dollar relative to gold, leading New Zealand on 23 December to peg its dollar at US$1.216 with a 4.5% fluctuation range, keeping the same gold value. From 9 July 1973 to 4 March 1985 the dollar's value was determined from a trade-weighted basket of currencies.
The NZ$ was floated on 4 March 1985 at the initial rate of US$0.4444. Since then the dollar's value has been determined by the financial markets, and has been in the range of about US$0.39 to 0.88.
The dollar's post-float minimum average daily value was US$0.3922 on 22 November 2000, and it set a post-float maximum on 22 July 2011 of US$0.8666. Much of this medium-term variation in the exchange rate has been attributed to differences in interest rates.[citation needed]
The New Zealand dollar's value is often strongly affected by currency trading,[citation needed] and is among the 10 most-traded currencies.[7]
On 11 June 2007 the Reserve Bank sold an unknown amount of New Zealand dollars in an attempt to drive down its value. This is the first intervention in the markets by the Bank since the float in 1985.
Two suspected interventions followed, but they were not as successful as the first: the first appeared to be initially effective, with the dollar dropping to approximately US$0.7490 from near US$0.7620. However, within little more than a month it had risen to new post-float highs, reaching US$0.8103 on 23 July 2007.
After reaching its post-float record high in early 2008, the value of the NZ$ plummeted throughout much of the 2nd half of 2008 and the first quarter of 2009 as a response to the global economic downturn and flight by investors away from "riskier" currencies such as the NZ$. The NZ$ bottomed out at approximately US$0.50 on 6 March 2009.[8] However, it rebounded strongly as the year progressed, reaching the US$0.75 range by November 2009.[8]
Just to make you feel better, if you were north of the equator, it would've fallen over on the left side.
But then, on the equator you would'nt need a stand at all.
Just to make you feel better, if you were north of the equator, it would've fallen over on the left side.
But then, on the equator you would'nt need a stand at all.
Not true, as if you are north of the equator but parked the bike facing west then the left side would still be on a lean but not as acute as here now ive confused everyone.
Not true, as if you are north of the equator but parked the bike facing west then the left side would still be on a lean but not as acue as here now ive confused everyone.
West is still west whether you are north or south of the equator, so I have to ask, why aren't your kickstands on the right side of the motorcycle????
Phil. Check out House of Custom's, website. He is based in Paeroa. He sells a combo set, front or rear. Just change the top hoop. All the hooks etc. it looks like its made in Europe. I got the stand and rear spools/bobbins for 97.00. Real cheap for what it is and does. Works a treat. The stand works from the rear so you should clear your mufflers. He sells via Trademe as well. Your bike looks sharp. Thank your lucky stars it's not to damaged.
The water in every toilet I've crapped or urinated in flows down, then up, then back down. I don't know where it goes from there, my guess is under the ice cap.
My guess is that you do not run a septic pumping business like my brother in law. One visit back to my wife's ancestral manse always reminds me where it goes "from there."
__________________
When it comes to havoc, no one wreaks like me!
Oh? It's a stand? I thought you were trying to attach some training wheels. Just kiddin'. Yes, I am sure you uttered "Oh, crap!"
Funny how bike was sitting on training wheels and all i could think about after liftting it back up and that could of been when i broke abs wires was to go into the house a get my camera. Hind sight is a great thing but once it was on the ground i should of removed the left hand side of the stand as it un bolt's.