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Blogging Harder for the Money – The Fall of the US Dollar

Yesterday I was interviewed by an Australian Financial Review journalist about how the falling US dollar is impacting my business. There’s not much to say except that:

  • 95% of my income comes to me in US dollars.
  • 5 Years ago when I started experimenting with blogging for money the US dollar bought about $1.80 AUD.
  • Yesterday it was buying about $1.11 AUD (approximately a 40% reduction)

Exchange-Rate

I’m no economist – but I know I’m working a lot harder to earn the same amount of money these days.

Chart Source

About Darren Rowse

Darren Rowse is the founder and editor of ProBlogger Blog Tips and Digital Photography School. Learn more about him here and connect with him on Twitter, Facebook, Google+ and LinkedIn.

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Comments

  1. Chad wick says:

    I was just getting caught up on ProBlogger in my bloglines when I came across this article…

    Man, this really hit home for me too. I am living in Australia running a free myspace layouts site with 90% of income coming from US.

    Thanks for the reminder Darren of just how low it has sunk – OUCH!