Currency rates (added every week or two).

[1AZRAEL1]

Financial gurus are saying the outlook for the dollar is going to stay in the US$0.90's for next year.

[griffin]

Wait for tomorrow's inflation figures... The exchange rate could go a few cents in either direction depending on what the figure is.
(if inflation is high, we are tipped to have a rate rise next week, and the exchange rate is likely to go up in anticipation)

[kaiden]

Rate at COB today was 0.9934

What annoys me is that the Paypal conversion rate actually dropped a whole cent over the weekend despite gains on the AUD on Thursday, Friday and Saturday (US trading). Which begs me to question how the heck they define their conversion rate? Do they take the spot value in the middle of US currency trading hours?

Hopefully it updates to something more reasonable tonight.

from my experience, if xe.com says something like $0.99US then paypal's conversion is always 2cents lower, so - $0.97

[snaketales]

woo hoo over parity!!!

now if only I had money to spare on the credit card

[griffin]

As of 8th November, according to xe.com, these are the current rates for AU$1

- US$ - 1.0108 (up)
- GB£ - 0.6267 (slightly up)
- JP¥ - 82.183 (up)
- EU€ - 0.7231 (up)
- NZ$ - 1.2811 (down)

[Vector Prime]

$1 AUD = $1.0174 USD at time of posting.

It peaked at $1.0198 earlier but has since come back... the great news is that Paypal's current exchange rate is $1 AUD = 0.990712 USD, time to get all those pre-orders in I think

[Zippo]

Go the New Zealand Dollar vs the Australian!

$1NZ now equals 74 Australian Cents!
Back in September it was 77 Australian cents

Back in August 2008 it was around the 90-95 cent range as well as in 2006

$1NZ will also purchase you 76 American Cents.
This has effectlly KILLED any transactions I have with Australia now. Things over in Australia generallly cost the same as they do in New Zealand, but due to the exchange rate its a massive 25% cost increase.

America is cheaper and has the better exchange rate.

Someone needs to step in and do something fast .. the gap between the two countries is growing too fast.

[griffin]

Well, since the last posting 8 weeks ago, the AU$ dropped to US$0.955 and then back up again to look like it hasn't even moved since that last posting.

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

- US$ - 1.0166 (slightly up from the last posting, but way up from just a couple weeks ago)
- GB£ - 0.6590 (way up)
- JP¥ - 82.807 (slightly up)
- EU€ - 0.7669 (way up)
- NZ$ - 1.3186 (way up)

[griffin]

Just browsing ebay.au and was getting really confused with the US listings, as the AU$ converted prices were less than the US$ prices. I've never seen that before... and it makes me want to spend.

Now we just need the exchange rate to climb about half a cent more for parity with Paypal (like with any other money transfer service, they are a couple cents off the median exchange rate).

[Vector Prime]

Now we just need the exchange rate to climb about half a cent more for parity with Paypal (like with any other money transfer service, they are a couple cents off the median exchange rate).

It's getting there... I just checked on Paypal and 1 AUD = 0.995239 USD