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1st September 2020, 07:16 PM
#34
Another five weeks, and once again our dollar is up against the US$ and Yen, but very little change against the Pound and Euro. Surprisingly, we have risen against the NZ$ this time... which I think is strange, because they have had the best response to the virus, which has allowed them to almost fully re-open their economy. Something that other economies related to the major currencies haven't been able to do, or expected to be able to do before a vaccine exists. If anything, the NZ$ should be climbing, as the most reliable return on investments.
For us toy collectors in Australia, these are the highest rates for the US$ in over two years (since August 2018), and for the JPyen in almost 18 months (since April 2019).
As of today, according to xe.com, these are the current rates for AU$1...
- US$ - 0.7390 (up almost 3 cents from last month)
- GB£ - 0.5507 (down slightly from month)
- JP¥ - 78.145 (up almost 3 yen from last month)
- EU€ - 0.6171 (up almost 1 cent since last month)
- NZ$ - 1.0924 (up about 2.3 cents since last month)
(bank and paypal rates can be up to 3% less than the figures above)
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