I'm off to ebay
I'm off to ebay
As of 16th October, according to xe.com, these are the current rates for AU$1
- US$ - 0.9259 (way up)
- GB£ - 0.5666 (up)
- JP¥ - 83.93 (way up)
- EU€ - 0.6190 (up)
- NZ$ - 1.237 (up)
(Thanks to the interest rate rise, and more to come, the AU$ is up across the board, and some are predicting 1 to 1 with the US$ within months)
Can't believe it has been so long since I last updated this.
Since that last posting, we saw increased optimism in America, strengthening their currency and in turn, weakening ours.
But it was short lived as the focus returned to the rest of the world (especially our region), which was already growing, the steady increase in the price of commodities (raw materials, that we have heaps of), has helped continue to strengthen our own economy, and currency.
So after the AU-US rate dropped to about 85c in a week, it had regained what it lost within a couple months, and is now back a bit.
As of 25th January, according to xe.com, these are the current rates for AU$1
- US$ - 0.9072 (down)
- GB£ - 0.5631 (about the same)
- JP¥ - 81.85 (down)
- EU€ - 0.6404 (up a fair bit)
- NZ$ - 1.266 (way up)
Its getting too expensive for the old hop over the ditch trip for New Zealanders.
$780AU = $1000NZ
Which takes longer to earn.
The AU dollar has been dropping steadily in the last few days:
$US - 0.897
hahhaa thank god it's up against the Malaysian Ringgit...just in time for my holiday...it's now $AU1 buys RM3....SWEEEEEEEET!!!! Gonna live like a GOD over there.....*Galvatron laugh from Headmasters*
Yep the dollar keeps falling, its now 0.884