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What is the exchange rate with the Linden Dollar?

dollar exchange rate Linden
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What is the exchange rate with the Linden Dollar?

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While technically floating, the Linden Dollar exchange rate remains relatively steady at approximately US$1 to L$270. Are Linden Dollars a legitimate, virtual currency? Linden Dollars represent a limited license right to use a feature of the simulated virtual environment — namely the commercial aspects of Second Life. L$ derive value in their ability to be redeemed by other Second Life Residents who have a desire to engage in these commercial activities. L$ will retain their value as long as there are Residents interested in using them. What kinds of items are bought and sold? There is a near endless array of products that can be created within Second Life. Common items include clothing, avatar hair and skin, vehicles, furniture and homes. These items are sold by a rich variety of in-world brands, and increasingly by virtual outlets of real life brands. What sort of real world companies have a presence in Second Life? IBM, Sun Microsystems, Toyota, Nissan, Dell, Reebok, Reuters, and

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