Pieces of Life: The Currency Edition
Just a friendly note from your Muse about Asian Spring Collections, currency, and other general babblings about saving your money.
I know quite a few of you have recently e-mailed me about how exciting you’re finding the Lunasol Spring Collection and I totally agree it’s very, very nice. I have my eye on a few items from Lunasol at the moment, Jill Stuart, and a few other high street Japanese brands however I am playing it safe at the moment as the yen is very strong.
At the moment a palette of 5,600 yen will be jacked up at nearly $10 with the current conversion rate. Wince. It’s not only USD that’s feeling the brunt, if you’re converting from Singaporean dollar or sterling at the moment it comes to almost the same amount only off by a mere $1 USD and some change. I do urge you to wait if you’re purchasing items that aren’t LE at the moment as the conversion rate really does drain the pockets.
This is of course in terms of direct purchasing from Japan and not going through a secondary online shopping party. I noticed that palettes are racing up to $75 USD at certain online shops which I really find intense and a tiny bit absurd. The Muse loves herself some makeup but $75 per a palette…that’s a bit much.
Korean Won looks particularly gloomy as well but remains at a 100% return on the US dollar which is perfectly fine in my opinion however I do expect a tiny bit more on my dollar when converting and became a bit spoiled with that aspect but at least I’m not losing money during the conversion which is always a plus.
TWD, SGD, and Sterling are iffy at best. Particularly sterling, as always, converts like rubbish but not too severe.
Well anyway I can go on and on I fear but the moral of the story is at the moment if you’re shopping Spring Collections abroad do take into consideration your current conversion rate, stop, think, and ask yourself if you really need it right now or if it can wait until currency conversions are looking a tiny bit better. If it’s LE I do suggest snapping it up but if it’ll be around you can always wait a bit and get it later on.
Of course, I should take my own advice in this but the Muse is known for wanting instant gratification when it comes to makeup and she fears she’ll give in to her urges prior to thinking about it which will bite into a large chunk of her Spring Collection budget! Yak! Groan!
How’s your currency converting at the moment?
Yay or Nay?
Tell the Muse!