the thing is, some travel things are so cheap now, that even if the AUD$ drops more it doesn't matter.Bad night so far for the $AUD. Feeling fortunate that we have more than 6 months of funds in US Dollars so the drift doesn’t affect us personally until almost the end of the year.
i am a bit concerned about having prepaid our Olympic hotel accommodation if the corona virus causes a cancellation.
Currently. 6572 so I that barrier has well and truly being crashed. How much lower is the question?
but at same time many things in USA are cheaper in AUD$What is the lowest it's ever been? .50?
I can recall when it was roughly A$1.20 to US$1. That was in the mid 1980s. Friends older than me said it once purchased US1.40 per A$1.
but at same time many things in USA are cheaper in AUD$
Around 2010/2011 the Aussie was 1 to 1.1 USD. And around 0.86-0.88 euro.
What brought that on and any chance of that repeating?
IIRC, China's expansion and thirst for our raw mining products. They couldn't get enough of them and the price - and our dollar - skyrocketed.
... And then it all fell in a heap!!
Not nessarily. Many things are set in aud $ now for Australians , so prices haven't changed at all in last few monthsyeah... but less cheaper than they were a few days ago. Or last year.
Not nessarily. Many things are set in aud $ now for Australians , so prices haven't changed at all in last few months
It was called the GFC....Around 2010/2011 the Aussie was 1 to 1.1 USD. And around 0.86-0.88 euro.
What brought that on and any chance of that repeating?
I was buying everything from the US. Including 4x brand new car tyres shipped via FedEx, was cheaper than buying locally
That was such a golden age for online shopping....Around 2010/2011 the Aussie was 1 to 1.1 USD. And around 0.86-0.88 euro.
What brought that on and any chance of that repeating?
I was buying everything from the US. Including 4x brand new car tyres shipped via FedEx, was cheaper than buying locally
2012 I think the rate was 1.08 USD. I was able to buy a full set of golf cubs for A$410, and the bonus with the exchange rate covered the $60 air freight delivered in a week.Around 2010/2011 the Aussie was 1 to 1.1 USD. And around 0.86-0.88 euro.
What brought that on and any chance of that repeating?
I was buying everything from the US. Including 4x brand new car tyres shipped via FedEx, was cheaper than buying locally
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