I was informed through the news that the dollar broke through 1,550 won.
I was curious about the euro exchange rate so I looked it up.
The euro has broken through as much as 1,800 won. It's insane.
If the exchange rate rises further from now and goes around 1,600 won per dollar, the domestic road bicycle market seems like it will contract quite a bit.
* Foreign brand bicycle prices will rise further.
* Component prices such as wheelsets, drivetrains, tires, and chains will also rise.
* The burden of purchasing new products will increase.
* Used transactions may actually become more active.
In particular, road bicycles are mostly imported goods, so they are greatly affected by exchange rates.
For example, if the exchange rate rises further from now,
People who were wondering "Should I change my wheels this time?"
Will likely think "Just ride it for one more year" instead.
On the other hand, the used market can show strength.
In the case of popular brands, if new product prices rise, there is a possibility that used prices will hold better.
In my opinion, when the 1,600 won exchange rate era comes
New market downturn + Used market activation + Decreased upgrade demand
I think these three things will be the most prominent.
From a rider's perspective, I think it's highly likely that using the equipment you currently own for a long time will be the most rational choice.
