Currency rates (added every week or two).

[kup]

We are now bellow par at $US 0.998!

Will this be it or will we once again rise above parity?

[jena]

My dad told me tonight that I should buy a bunch of US dollars now before my trip in June/July because he seems to think it's going to get worse.

[kup]

My dad told me tonight that I should buy a bunch of US dollars now before my trip in June/July because he seems to think it's going to get worse.

The thing is that one never knows. The Australian economy is so dependent on external factors that it could go either way.

I think that the last 20 or so years of Government has set up Australia to possibly become a 3rd world country over night if there is a real global financial collapse that includes Europe and China.

[griffin]

As of June 3rd, according to xe.com, these are the current rates for AU$1

- US$ - 0.9697 (way down)
- GB£ - 0.6312 (steady)
- JP¥ - 75.680 (way down)
- EU€ - 0.7802 (slightly down)
- NZ$ - 1.2856 (up)

[kup]

As of June 3rd, according to xe.com, these are the current rates for AU$1

- US$ - 0.9697 (way down)
- GB£ - 0.6312 (steady)
- JP¥ - 75.680 (way down)
- EU€ - 0.7802 (slightly down)
- NZ$ - 1.2856 (up)

We have gone up to near parity and we were 'lucky' during the week as the US also went down with us not affecting much in the US/AU exchange. However I believe that this is the calm before the storm as things are looking pretty bad in Europe and soon the media is going to start focusing even more on it.

[griffin]

As of June 19th, according to xe.com, these are the current rates for AU$1

- US$ - 1.0088 (way up)
- GB£ - 0.6436 (up)
- JP¥ - 79.594 (way up)
- EU€ - 0.8005 (up)
- NZ$ - 1.2739 (down)

[griffin]

As of July 6th, according to xe.com, these are the current rates for AU$1

- US$ - 1.0267 (way up)
- GB£ - 0.6607 (way up)
- JP¥ - 82.012 (way up)
- EU€ - 0.8294 (way up)
- NZ$ - 1.2801 (up)

A good couple of weeks, with the Aussie rising against all the major currencies... and apparently it is a record high for the Euro (no surprise really) during its young life.

[griffin]

As of July 30th, according to xe.com, these are the current rates for AU$1

- US$ - 1.0491 (way up)
- GB£ - 0.6690 (slightly up)
- JP¥ - 81.980 (very slightly down)
- EU€ - 0.8573 (way up)
- NZ$ - 1.2967 (up)

[griffin]

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

- US$ - 1.0334 (slightly down - hasn't moved much in the last 6 weeks)
- GB£ - 0.6463 (down)
- JP¥ - 80.924 (slightly down)
- EU€ - 0.8099 (way down - readjusting after sharp weakening 2 months ago)
- NZ$ - 1.2779 (slightly up)

[griffin]

As of November 3rd, according to xe.com, these are the current rates for AU$1

- US$ - 1.0338 (same as 8 weeks ago - hasn't moved much in the last 14 weeks)
- GB£ - 0.6451 (same as 8 weeks ago)
- JP¥ - 83.170 (up)
- EU€ - 0.8054 (same as 8 weeks ago)
- NZ$ - 1.2528 (down)