
Originally Posted by
kurdt_the_goat
We moved to Japan recently and transferred a little of our money across... it's depressing watching the rate nosedive, then climb, biting the bullet then watching it climb again! The place we transfer with actually had it over 85 today.
You could say i lost a couple hundred bucks in the last few days but i have to stop thinking like that... buying power here is completely different anyway so it's not really that clear-cut.
Of course i'd prefer more for my AUD though, so with a little in the bank now, I can bide my time longer on transferring more of our savings.
Once the negative interest rates were announced in Japan I thought, yes, here we go the JPY will dive hard, but nothing. Just goes to show that our dollar is pretty friendly with the commodities market. I hope you can make some back as the AUD to JPY hopefully improves.
I still function.....................while killing threads. ;-)