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| All 16mm and 35mm motion picture cameras and lenses that are available for sale, with the exception of a few very specialized low volume manufacturers, is made in Europe or the United Kingdom. Panavision is the only US manufacturer of motion picture equipment, but their equipment is available for rental only, and is never sold. The only other exception is Canon of Japan, who manufacture two zoom lens models for Super 16mm format.
For this reason prices of motion picture equipment are subject to fluctuations in the currency exchange rate. The most important rate to follow is the US Dollar EU (European Union) Euro. The Euro is a relatively new currency, replacing the currencies of the member states of the EU. Athough England and Switzerland are not members of the EU, their currenies, the GBP (Great Britan Pound, £) and Swiss Franc (CHF, SFr), tend to rise and fall against the US Dollar nearly in sync with the Euros rise and fall. The U.S. Dollar is now trading at multi-year record lows against the Euro (European Union Currency). The Dollar has fallen over 48% in value since its peak in October 2000. Since all Super 16mm and 35mm camera equipment available for sale is manufactured in Europe, prices will be going up 20%-50% once the existing supply of used cameras in the U.S. is sold. The reason for this is that most of the used cameras that you have seen for sale in the U.S. last 3 years at very resonable prices were imported from Europe when the US Dollar's value was 50% higher. Used cameras in the U.S. are now looking very attractive to European buyers. If you are thinking of buying a motion picture camera, do not delay! |
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The chart above shows the US Dollars value against the Euro. The graph begins in December 1999 at the far left and ends at the far right in December 2003. The high points on the graph show the Dollars peak value of approximately 1.20 €. The Dollar has since fallen to a record low of 0.818€, a nearly 50% reduction in value. |
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