Exchange rate AUD Vs GBP £1 buys $1.83
#137
Forum Regular
Joined: Jan 2013
Posts: 274
Re: Exchange rate AUD Vs GBP £1 buys $1.83
1.91790
I have never been here when it was so low against the pound. When I entered it was around 1.45
I have never been here when it was so low against the pound. When I entered it was around 1.45
#138
Re: Exchange rate AUD Vs GBP £1 buys $1.83
When we moved it was sitting at 2.40-2.50 (a few years before it had been around 3)
That will always be my reference point
#139
Re: Exchange rate AUD Vs GBP £1 buys $1.83
A few months ago I ave moved all my super to international securities (mostly US shares).
#141
Re: Exchange rate AUD Vs GBP £1 buys $1.83
well so far it has returned much more than the asx index. s&p 500 is doing very well, then you have the currency appreciation.
i keep a close eye on these stuff and it's easy to re-allocate.
especially when the US Feds do something sneaky.
i keep a close eye on these stuff and it's easy to re-allocate.
especially when the US Feds do something sneaky.
#142
Forum Regular
Joined: Jan 2013
Posts: 274
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Cheaper mortgage payments, rates down, and spends in the UK 1.96580
Anyone think 2.5 is possible.
Anyone think 2.5 is possible.
#143
BE Enthusiast
Joined: Jun 2007
Location: The "Gong"
Posts: 433
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Recently sold our house in the UK
Watching currency very closely atm, wondering when to switch ???
Watching currency very closely atm, wondering when to switch ???
#144
Forum Regular
Joined: Jan 2013
Posts: 274
Re: Exchange rate AUD Vs GBP £1 buys $1.83
1.95540 today, its only getting better for you. I would wait, I have never seen it this high.
#147
BE Forum Addict
Joined: Mar 2004
Location: Sydney
Posts: 1,628
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Just hit $2!
#148
Re: Exchange rate AUD Vs GBP £1 buys $1.83
It's extraordinary how oblivious your average Aussie is to this 'benign collapse' in their currency.
Yes, the AUD has been overvalued for several years, yes the falling oil price helps to insulate from inflation, but for a currency to lose 30-odd percent of its value in such a short space of time would normally be an extremely worrying sign (cue 'Pound in your pocket' and 'Crisis, what crisis?' headlines in a grown-up country like the UK).
I get the impression that most Ockers are just happy to keep watching The Block, discussing 'major political issues' which would barely rate a mention in most British parish newsletters, and know that their beloved house prices have ticked up another couple of percent (in Aussie toilet-paper dollars, that is!).
Yes, the AUD has been overvalued for several years, yes the falling oil price helps to insulate from inflation, but for a currency to lose 30-odd percent of its value in such a short space of time would normally be an extremely worrying sign (cue 'Pound in your pocket' and 'Crisis, what crisis?' headlines in a grown-up country like the UK).
I get the impression that most Ockers are just happy to keep watching The Block, discussing 'major political issues' which would barely rate a mention in most British parish newsletters, and know that their beloved house prices have ticked up another couple of percent (in Aussie toilet-paper dollars, that is!).
Last edited by DC10; Feb 13th 2015 at 1:36 am.
#149
BE Enthusiast
Joined: Jun 2007
Location: The "Gong"
Posts: 433
Re: Exchange rate AUD Vs GBP £1 buys $1.83
I would call this more a return to normality
#150
BE Forum Addict
Joined: Jul 2008
Location: My happy place
Posts: 3,043
Re: Exchange rate AUD Vs GBP £1 buys $1.83