Canadian dollar drop and airsoft prices

mopic · October 28th, 2008, 10:30

I have had many inquiries as have other retailers as to the effect on the Canadian dollar drop and the effect on Airsoft prices this side of the border.

Quite simply the dollar is now worth about 73 cents (average people never get the posted rate) a year ago the dollar was at par. Prices for all GBB's / and AEG's are going up, likely by about 20-25%. What does the future hold, well as long as the oil is low the Canadian dollar is staying low.

Most retailer pay U.S. street prices for AEG's: An AEG that costs $400 U.S. is now over $550.00 Canadian, without any Mark up or shipping costs whatsoever. Prices are still better than years ago, but the trend is certainly for higher prices.

Karnage · October 28th, 2008, 10:54

yup unfortunately I checked the possible prices I can charge and its going to suck. Not only are items outside of Canada roughly 30% more expensive, don't forget that foreign shipping costs also have to be paid in foreign currencies making that part all that much more expensive now too.

DarkAngel · October 28th, 2008, 11:48

Same, Ive taken some big hits lately as well...

MadMax · October 28th, 2008, 12:22

Actually the situation is even worse for Japan origin products. The JPY has gained 35.5% on the CAD (mid market rate). A lot of players holding their breath for a new recoil series TM M4 will be taking quite an exchange hit.

808 · October 28th, 2008, 12:23

Yikes.

Wilson · October 28th, 2008, 12:40

It's all good. It'll take more than 30% to stop me from buying. Mopic, expect an email from me shortly in regards to a GBB!

ILLusion · October 28th, 2008, 15:35

For the first time in a long time, Hong Kong banks are also adjusting their fixed rate against the US Dollar. That's how bad the economy is looking.

I'm also trying to keep prices as they were for the past several months since we hit par, but on all current preorders and on newer inventory, I can't help but charge more. It's going to suck for a bit.

... well... we could think more positive and just be glad we had those several months of ease on our wallets and now we're just heading back towards "normal"

Janus · October 28th, 2008, 16:01

And here's me with a pocket full of foreign currency. Cha-ching!

arcanuck · October 28th, 2008, 18:49

How can anyone raise the price of an item they already have in stock paid for?

Dracheous · October 28th, 2008, 19:02

Quote:

Originally Posted by arcanuck

How can anyone raise the price of an item they already have in stock paid for?

Because oil barons touch themselves at night.

ILLusion · October 28th, 2008, 19:20

Quote:

Originally Posted by arcanuck

How can anyone raise the price of an item they already have in stock paid for?

It's called "market value" formed by "supply & demand."

Basic business classes should teach you this, unless they no longer have such courses as a mandatory course in high school anymore.

Relja · October 28th, 2008, 19:21

Quote:

Originally Posted by Dracheous

Because oil barons touch themselves at night.

Dracheous consider yourself quoted.

LeGROS · October 28th, 2008, 19:38

This is one of the reason we use US$ in our store price!

MrEvolution · October 28th, 2008, 20:09

well boys & girls, looks like we have a large crap sandwich, and were all gonna have to take a bite.

Sergeantmajor · October 28th, 2008, 20:32

Quote:

Originally Posted by MrEvolution

well boys & girls, looks like we have a large crap sandwich, and were all gonna have to take a bite.

except me.

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October 28th, 2008, 10:30	#1
mopic Trader rating Join Date: Oct 2006 Location: Scarborough	Canadian dollar drop and airsoft prices I have had many inquiries as have other retailers as to the effect on the Canadian dollar drop and the effect on Airsoft prices this side of the border. Quite simply the dollar is now worth about 73 cents (average people never get the posted rate) a year ago the dollar was at par. Prices for all GBB's / and AEG's are going up, likely by about 20-25%. What does the future hold, well as long as the oil is low the Canadian dollar is staying low. Most retailer pay U.S. street prices for AEG's: An AEG that costs $400 U.S. is now over $550.00 Canadian, without any Mark up or shipping costs whatsoever. Prices are still better than years ago, but the trend is certainly for higher prices. Last edited by mopic; November 2nd, 2008 at 11:58..

October 28th, 2008, 10:54	#2
Karnage Trader rating Join Date: Oct 2003 Location: Sauga	yup unfortunately I checked the possible prices I can charge and its going to suck. Not only are items outside of Canada roughly 30% more expensive, don't forget that foreign shipping costs also have to be paid in foreign currencies making that part all that much more expensive now too. __________________ http://www.torontoairsoft.com : Free shipping on Orders over $300! Sorry I can no longer keep up with PMs. Please use the contact form on the website to reach TorontoAirsoft.com staff.

October 28th, 2008, 11:48	#3
DarkAngel * Age Verifier status suspended * Trader rating Join Date: Jun 2006 Location: Scarborough	Same, Ive taken some big hits lately as well... __________________ Certified Sniper Clinic Instructor and Counter Sniper Sentinel Arms Customs - Specializing In Unique, One of a kind guns

October 28th, 2008, 12:22	#4
MadMax Delierious Designer of Dastardly Detonations Trader rating Join Date: Dec 2001 Location: in the dark recesses of some metal chip filled machine shop	Actually the situation is even worse for Japan origin products. The JPY has gained 35.5% on the CAD (mid market rate). A lot of players holding their breath for a new recoil series TM M4 will be taking quite an exchange hit. __________________ Want nearly free GBB gas?

October 28th, 2008, 12:23	#5
808 Trader rating Join Date: Mar 2005 Location: 6mm-mag.com - Winnipeg	Yikes. __________________

October 28th, 2008, 12:40	#6
Wilson Trader rating Join Date: Aug 2003 Location: Ottawa, ON	It's all good. It'll take more than 30% to stop me from buying. Mopic, expect an email from me shortly in regards to a GBB! __________________ IN OMNIA PARATUS

October 28th, 2008, 15:35	#7
ILLusion GBB Whisperer Trader rating Join Date: Jun 2002 Location: Toronto	For the first time in a long time, Hong Kong banks are also adjusting their fixed rate against the US Dollar. That's how bad the economy is looking. I'm also trying to keep prices as they were for the past several months since we hit par, but on all current preorders and on newer inventory, I can't help but charge more. It's going to suck for a bit. ... well... we could think more positive and just be glad we had those several months of ease on our wallets and now we're just heading back towards "normal"

October 28th, 2008, 16:01	#8
Janus Trader rating Join Date: Sep 2004 Location: Red Deer, AB	And here's me with a pocket full of foreign currency. Cha-ching! __________________ Age Verifier - Lower Vancouver Island Brotherhood of Nod - Nod Prime \|\| Vancouver Island Airsoft League - President Unavailable for AV until April 2020.

October 28th, 2008, 18:49	#9
arcanuck Trader rating Join Date: Sep 2008 Location: Bilingual People's Republic of Neu Braunsweig	How can anyone raise the price of an item they already have in stock paid for?

October 28th, 2008, 19:38	#13
LeGROS Trader rating Join Date: Jul 2007 Location: back on 15 of April!!!... Viva Cuba!!	This is one of the reason we use US$ in our store price! __________________ ALPHA unit, because there is no one else for that job!

Canadian dollar drop and airsoft prices

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