Currency rates (added every week or two).

[drifand]

A good time to pay off stuff in pre-order, I got my magnus under $160 delivered.

[spiderken17]

MP Magnus? Where from?

[griffin]

As many have been hearing on the news lately, the AU$ has been dropping in the last couple weeks, due to middle-eastern tensions and the American economy picking up, prompting investors to send more of their money into the US.

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

- US$ - 0.8786 (down a lot - 5c in 4 weeks)
- GB£ - 0.5424 (down a fair bit)
- JP¥ - 95.620 (down a bit)
- EU€ - 0.6960 (down a little)
- NZ$ - 1.1159 (almost unchanged)

(bank and paypal rates are 2-3% less than the figures above)

[griffin]

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

- US$ - 0.8782 (almost unchanged in 3 weeks)
- GB£ - 0.548 (almost unchanged)
- JP¥ - 94.468 (down a bit)
- EU€ - 0.6938 (almost unchanged)
- NZ$ - 1.1187 (almost unchanged)

(bank and paypal rates are 2-3% less than the figures above)

[Sinnertwin]

XE.Com

USD
0.8595
JPY
101.79
EUR
0.6865
GBP
0.54838

[Megatran]

It's an especially good time to buy from Japanee online stores.

[griffin]

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

- US$ - 0.8113 (a massive drop in last three months)
- GB£ - 0.5377 (a little dip in December, but then back up again to what it was during Oct-Nov)
- JP¥ - 97.110 (from a low of 92 in October to a high of 102 in November, it has come way back down again)
- EU€ - 0.6879 (a drop to 0.65 in December and then back up to about what it was three months ago)
- NZ$ - 1.0391 (a massive drop - we are now almost at parity after so many years of being the stronger currency to our Tasman neighbours)

(bank and paypal rates are 2-3% less than the figures above)

Both the NZ$ and US$ have been strengthening quite a lot against the AU$, while the Yen has been on a roller-coaster ride. The other two currencies had strengthened in in December, but since then the AU$ has re-strengthened against them.

[griffin]

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

- US$ - 0.7770 (another massive drop in the last month, of over 3.5 US cents... that's almost 30% down since its last peak six months ago in July)
- GB£ - 0.5158 (a big drop in the last month of over 2 pence)
- JP¥ - 91.270 (a massive drop of 6 yen in the last month)
- EU€ - 0.6885 (almost what it was a month ago after going up by over 2 Euro cents)
- NZ$ - 1.0717 (a big increase of 3 NZ cents after almost dropping to parity last month)

(bank and paypal rates are 2-3% less than the figures above)


As the US economy continues to improve and ours continues to go down the toilet, I think the AU to US exchange rate is still some way off from hitting bottom.

[TAAUBlaster]

Ouch, what a drop! Finance experts were saying the AUD might drop to $0.75 - but judging by the steep drops recently, I'm really worried it will go lower than that Might not be long until we're back down to the really bad exchange rates like 2000/2001.

[kup]

Given the current climate, I think it will keep dropping. We are an 'Egg in one basket' economy and those eggs are running out.