Currency rates (added every week or two).

[Accel]

almost at 1.02 USD now. time to load up the paypal accounts?

[griffin]

As of 18th October, according to xe.com, these are the current rates for AU$1

- US$ - 1.0192 (way up)
- GB£ - 0.6457 (up)
- JP¥ - 78.303 (way up)
- EU€ - 0.7404 (up)
- NZ$ - 1.2854 (up)

[Accel]

Bounced back today on Euro news. back up to about 1.03

[griffin]

It managed to hit $1.05 today. Not a bad recovery at all.
Back to ebay I go...

[griffin]

As of November 11th, according to xe.com, these are the current rates for AU$1

- US$ - 1.0151 (went up, but now back down to what it was a month ago)
- GB£ - 0.6369 (went up, but now back down to what it was a month ago)
- JP¥ - 78.707 (went up, but now back down to what it was a month ago)
- EU€ - 0.7451 (went up, but now back down to what it was a month ago)
- NZ$ - 1.3045 (up a fair bit)

[kaiden]

gah i just went to buy something from RK and the $AU has dropped to $0.97US

anyone know why? just curious.

[Hursticon]

anyone know why? just curious.

Yeah, it's called everywhere except for Asia is in absolute 'We've F#$%ed Up' mode.

Europe is in a state of Financial crisis as is the U.S. which is causing the fluctuation in the value of our Dollar but what grinds me the most is how pathetically easy Aussie investors are spooked! , seriously, a Greek politician farts and Aussie investors run for the bloody hills!?!

[kaiden]

Yeah, it's called everywhere except for Asia is in absolute 'We've F#$%ed Up' mode.

Europe is in a state of Financial crisis as is the U.S. which is causing the fluctuation in the value of our Dollar but what grinds me the most is how pathetically easy Aussie investors are spooked! , seriously, a Greek politician farts and Aussie investors run for the bloody hills!?!

Yeah, I thought we we're doing okay... at least better than most other countries.

but asia seems pretty !@#%ed to me as well...

geez it's gonna be a pain when it comes to ordering Dr Crank and Structor :P

[griffin]

As of November 24th, according to xe.com, these are the current rates for AU$1

- US$ - 0.9718 (way down)
- GB£ - 0.6252 (down
- JP¥ - 74.900 (way down)
- EU€ - 0.7271 (down)
- NZ$ - 1.3109 (up)

[bowspearer]

gah i just went to buy something from RK and the $AU has dropped to $0.97US

anyone know why? just curious.

The short answer is that China is about to go belly up (Chinese economists have privately come out and said that "every province in China is Greece") and that the only thing keeping this country afloat thanks to the deregulation of the 80s (when our manufacturing section got thoroughly gutted) is the mining boom. That's what's meant by a "2-speed economy"; the mining sector is in boom, but the rest of the economy is in tatters, because we produce next to nothing anymore in this country- making our dollar next to worthless.

Expect more to follow as we proceed on a road to Weimar Germany level inflation and an equally worthless dollar.