5.05.2025

Boy, was I wrong!

Since I overestimated the exchange rate when preparing the spreadsheet for 2025, I was confident that I would have the tolerance on my side. Not once since 2017 has my fixed exchange rate between SEK/USD been to my disadvantage, quite the opposite. However, it took no more than two months, March 2025 to be exact, before the market showed who really is in charge.

The deficit that began in March 2025 only deepened in April 2025 and will likely continue to deepen further during both May and June 2025. I will not change my fixed exchange rate, but I will swallow the bitter pill and hope for the best in the second half of 2025.

The fact that I miss the goal for April and probably also May and June doesn't take away the joy that my Google Sheet is now flawless.

Click to enlarge

Click to enlarge

Click to enlarge
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

I don't get it

For some reason that I absolutely cannot understand, the Swedish krona continues to strengthen compared to the US dollar. As a Swede, I am o...

  • The hunt for ARR continues
    A bullish market makes the hunt more challenging. I (we) aimed for ARR in all our 4 portfolios yesterday but only managed to make purchases ...
  • Marriage duties vs labor service
    He heard but didn't listened when I once again tried to reach him with the golden date, New Year's Eve 2024. He's taken the next...
  • The 6th of June 🇸🇪
    On June 6, 1523, Gustav Vasa is elected king of Sweden. It meant that Sweden broke away from the Kalmar Union with Denmark and Norway and on...