Someone mind explaining why the news is saying the AUD is plunging? I just looked it up and it's still buying .74USD, which is around where it's been since Trump came to power.
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Someone mind explaining why the news is saying the AUD is plunging? I just looked it up and it's still buying .74USD, which is around where it's been since Trump came to power.
Anyone getting a bit of a "boy who cried wolf" feel from all these economic experts that have been saying for months the Aussie dollar is going to fall, yet it keeps staying in the 72 to 77 cents range?
According to todays forecast it is expected to stay or slightly increase, along with the interest rate, due to Trumps latest MAGA speech.
Just don't take it as set in stone. These people also tend to be day traders, they go on nothing but feelings. Must go to the same school at the bom guys.
That's an easy one. They just listened to what he said, put together the fact he is impressed with our immigration policy, and mentioned Australia in the speech. Also the DOW rocketed up today too which is a significant sign of confidence. So yea, easy to come to that conclusion. :)
I'm just going to wait and see, plus the price of fuel is right down right now too.
I didn't realise it had been five months (yesterday) since I had done one of these.... and two of the major currencies aren't much different to five months ago (despite a presidential election during that time and the fallout of Brexit) - but the Yen is the big mover, climbing 13 yen (about 18%) since June last year, when it was 74 yen to our dollar.
As of today, according to xe.com, these are the current rates for AU$1...
- US$ - 0.7689 (about the same as last October)
- GB£ - 0.6268 (about the same as last October)
- JP¥ - 87.118 (up 8 yen since October)
- EU€ - 0.7168 (up 2 cents since October)
- NZ$ - 1.0995 (up 2 cents since October)
(bank and paypal rates are 2-3% less than the figures above)
Time to do more shopping from Japan then...
Well that rally against the Yen didn't last long, it's hit below 82 this morning. Just when I'm about to pay off a pre-order with NY.
As of today, according to xe.com, these are the current rates for AU$1...
(down against all of these currencies since 4 weeks ago)
- US$ - 0.7583 (down 1 cent in the last month)
- GB£ - 0.6046 (down 2 pence in the last month)
- JP¥ - 82.668 (down 4.5 yen in the last month)
- EU€ - 0.7128 (slightly down, almost unchanged)
- NZ$ - 1.0823 (down 1.5 cents in the last month)
(bank and paypal rates are 2-3% less than the figures above)
As of today, according to xe.com, these are the current rates for AU$1...
(down against all of these currencies since 4 weeks ago)
- US$ - 0.7529 (slightly down in the last month)
- GB£ - 0.5840 (down another 2 pence in the last month)
- JP¥ - 84.361 (up 1.5 yen in the last month)
- EU€ - 0.6896 (down 2 cents in last month)
- NZ$ - 1.0890 (slightly up in the last month)
(bank and paypal rates are 2-3% less than the figures above)
As long as it stays in the 74c - 76c range at it's lowest I'll be happy. Really would be nice if it went back up to 90c or even above a dollar, but that's just a dream at the moment.
As of today, according to xe.com, these are the current rates for AU$1...
- US$ - 0.7538 (down 2 cents and back up 2 cents in last four weeks)
- GB£ - 0.5838 (down 2 pence and back up 2 pence in last four weeks)
- JP¥ - 82.454 (down 2 yen in last four weeks)
- EU€ - 0.6688 (down 2 cents in last four weeks)
- NZ$ - 1.0495 (down 4 cents in last four weeks)
(bank and paypal rates are 2-3% less than the figures above)
$A is on a charge!
AUD/USD = 0.78
AUD/JPY = 88
Wow, I didn't realise it had gotten so high against the yen. Off to Yahoo Japan! :p
I just got some yank dollars & got 75.2c on it
What's the best place(s) to get competitive exchange rates to USD?
Well time to go shopping online.
... helped by the weaker US dollar. 80.5 cents at the time of this post. Keep climbing you good thing.
As people have noted in the last week, the exchange rate with the US$ has reached 80 US cents this week, and the AU$ is gaining against other major currencies as well (especially the yen, which like the US$, is now at about the same rate as it was 2 years ago, after dropping as low as 75yen).
As of today, according to xe.com, these are the current rates for AU$1...
- US$ - 0.7979 (up 4 cents in last 6 weeks)
- GB£ - 0.6094 (up 2 pence in last 6 weeks)
- JP¥ - 88.561 (up 6 yen in last 6 weeks)
- EU€ - 0.6798 (up 1 cent in last 6 weeks)
- NZ$ - 1.0654 (up 2 cents in last 6 weeks)
(bank and paypal rates are 2-3% less than the figures above)
As of today, according to xe.com, these are the current rates for AU$1...
- US$ - 0.8101 (unchanged in last six weeks - but jumped over 1 cent in the last 24 hours)
- GB£ - 0.6168 (up 1 pence in last 6 weeks)
- JP¥ - 87.246 (down 1 yen in last 6 weeks)
- EU€ - 0.6719 (down almost 1 cent in last 6 weeks)
- NZ$ - 1.1076 (up 4 cents in last 6 weeks)
(bank and paypal rates are 2-3% less than the figures above)
Of course; go overseas and the rates go down (for New Zealand to both Yen and Singapore Dollars)
As of today, according to xe.com, these are the current rates for AU$1...
- US$ - 0.7965 (down 1.5 cents)
- GB£ - 0.5902 (down 1.5 pence)
- JP¥ - 89.205 (up 2 yen)
- EU€ - 0.6665 (down half a cent)
- NZ$ - 1.0861 (down 2 cents)
(bank and paypal rates are 2-3% less than the figures above)
The AU$ is down against almost everything, except the Yen, which is getting better and better for buying JP toys lately... up almost 15 Yen in just the last year. It peaked at over 90 Yen last week, which was its previous record two years ago.
As of today, according to xe.com, these are the current rates for AU$1...
- US$ - 0.7525 (down 4 cents in the last 10 weeks)
- GB£ - 0.5617 (down 3 pence in the last 10 weeks)
- JP¥ - 85.460 (down 4 yen in the last 10 weeks)
- EU€ - 0.6387 (down 3 cents in the last 10 weeks)
- NZ$ - 1.0908 (up half a cent)
(bank and paypal rates are 2-3% less than the figures above)
The AU$ continues to go down against almost everything else, with just the NZ$ being the only currency doing worse.
We've had a good start to the year, with the AU$ up against all of the major currencies.
As of today, according to xe.com, these are the current rates for AU$1...
- US$ - 0.7845 (up 3 cents in the last 4 weeks)
- GB£ - 0.5790 (up 2 pence in the last 4 weeks)
- JP¥ - 88.824 (up 3 yen in the last 4 weeks)
- EU€ - 0.6530 (up 1.5 cents in the last 4 weeks)
- NZ$ - 1.0936 (up very slightly in the last 4 weeks)
(bank and paypal rates are 2-3% less than the figures above)
I've been watching Bitcoin as it's listed on the same sites that give exchange rates on real money. Looks like BTC is about to crash down below $10,000US, I'm glad noone I know bought BTC or other altcoins.
After a good start to the year, we've dropped against all of the major currencies in the last couple of months.
As of today (May 4th), according to xe.com, these are the current rates for AU$1...
- US$ - 0.7524 (down 3 cents since January)
- GB£ - 0.5551 (down 2 pence since January)
- JP¥ - 82.053 (down 6 yen since January)
- EU€ - 0.6286 (down 3 cents since January)
- NZ$ - 1.0726 (down 2 cents since January)
(bank and paypal rates are 2-3% less than the figures above)
(edit - I accidentally edited this post instead of replying to it, and didn't realise it until today, August 16th)
As of today (July 6th), according to xe.com, these are the current rates for AU$1...
- US$ - 0.7418 (down another cent since two months ago)
- GB£ - 0.5601 (up slightly in last two months)
- JP¥ - 82.044 (almost unchanged from two months ago)
- EU€ - 0.6332 (up slightly in last two months)
- NZ$ - 1.0869 (up one cent in last two months)
(bank and paypal rates are 2-3% less than the figures above)
$A is in the toilet at the moment thanks to this Turkey situation. Not the best time to be paying overseas pre orders.
The AU$ is indeed falling against the US$ this year (9 cents since January), but not so much against most of the other majors, so it is more that the US$ is gaining strength (yay Trump :p ), rather than the AU$ weakening.
The Yen is the other one we have fallen heavily against this year, down 9 yen since January. Unfortunately for us toy collectors, those are the two currencies we import most of our toys with. :(
As of today, according to xe.com, these are the current rates for AU$1...
- US$ - 0.7276 (down 1.5 cents in last month)
- GB£ - 0.5716 (up 1 pence in last month)
- JP¥ - 80.616 (down 2 yen in last month)
- EU€ - 0.6387 (up slightly in last month)
- NZ$ - 1.1039 (up 1.5 cents in last month)
(bank and paypal rates are 2-3% less than the figures above)
It's been almost 6 months since my last update posting here... I didn't realise it had been that long, as it certainly didn't feel like it.
Funnily enough, two of the currencies are almost exactly the same as last August. But the bad news is that Aussie Dollar hasn't strengthened against any of these five currencies in the last six months, which still makes importing toys as expensive as it was last year.
As of today, according to xe.com, these are the current rates for AU$1...
- US$ - 0.7271 (almost the same as last August)
- GB£ - 0.5537 (down 2 pence from last August)
- JP¥ - 79.083 (down 1.5 yen from last August)
- EU€ - 0.6325 (almost the same as last August)
- NZ$ - 1.0517 (down 5 cents from last August)
(bank and paypal rates are 2-3% less than the figures above)
Just looking at the exchange rate charts on xe.com, January 2nd-3rd saw a massive crash to the AU$, against the yen and US$. The yen dropped to 73, while the US$ rate got down to 68us cents... the lowest in ten years. (a 6% crash in a matter of minutes would send many smaller countries into financial crisis or spiral into hyper-inflation as everyone tries to sell off their cash before it is worthless - I'm surprised that I didn't hear anything about it on the news that day)
Both of those rates to the AU$ have mostly recovered in the weeks since, but some speculate that the AU$ will return to those levels during 2019 (we lost about 12% value during 2018 - from 82us cents to 72us cents, so the downward trend is likely to continue).
Other analysts believe that we've reached the bottom of the current trough, and will start the upward part of the cycle again soon.
How time flies... I can't believe it has been 8 months since I last updated this, but it doesn't feel like it was that long ago.
We are down on just about everything since the beginning of the year, except New Zealand, which seems to yoyo up and down about 5 cents every few months.
The US Fed Reserve had dropped the rates by 0.25 this week, which I had thought would have weakened their dollar a little (as there is a smaller return for investors), but it still strengthened against ours during the week (which probably means our currency and economy is just so unreliable at the moment that the US economy is still more inviting).
The drop in Yen and US$ in the last year is likely to result in higher prices for toys here, especially the imported exclusives.
As of today, according to xe.com, these are the current rates for AU$1...
- US$ - 0.6769 (down 3 cents since end of January)
- GB£ - 0.5424 (down 1 pence since end of January)
- JP¥ - 72.811 (down 6 yen since end of January)
- EU€ - 0.6146 (down 2 cents since end of January)
- NZ$ - 1.0815 (up 3 cents since end of January)
(bank and paypal rates are 2-3% less than the figures above)
As of today, according to xe.com, these are the current rates for AU$1...
- US$ - 0.6839 (slightly up since end of September)
- GB£ - 0.5206 (down 2 pence since end of September)
- JP¥ - 74.269 (up 1.5 yen since end of September)
- EU€ - 0.6185 (almost the same as the end of September)
- NZ$ - 1.0418 (down 4 cents since end of September)
(bank and paypal rates are 2-3% less than the figures above)