What currency should I exchange to if I have $2,000 and want to keep it from losing its value?

Question

What currency should I exchange to if I have $2,000 and want to keep it from losing its value?

Answer 1

Exchange  $2,000 to EURO.

Then open a high yield account in a bank in Eastern Europe. You will get a 12% APY with NO RISK. All deposits are insured by the government.

12% annual return is guaranteed

I have opened such a high yield account 5 years ago. Email me for more info.

Good luck!

Answer 2

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Make an educated decision!

Answer 3

I would start with a currency that is beaten up and has gone down a lot recently than one that has gone up, is expensive relatively speaking and has more room to drop. Based on that criteria, the US dollar is probably a good place to invest.

Answer 4

Euro

Answer 5

Definitely Euro

Answer 6

Keep it in whatever it's in!  Transactions costs of only a dew percent are sure to wipe out whatever you might save in the short run!  Stop panicking - the time to do that was a decade ago.

Answer 7

Canadian

Answer 8

If US dollars, definitely Euro.  The way the dollar is dropping, having Euros is like having money in the bank

Answer 9

All currencies are designed to lose value.  Depending on your holding term, you may want gold.

Answer 10

i would say aussie, econmy is doing really well,and expected to do well for another 3-4 years