British Expats - Aussie dollar in freefall!

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British Expats (https://britishexpats.com/forum/)

- Australia (https://britishexpats.com/forum/australia-54/)

- - Aussie dollar in freefall! (https://britishexpats.com/forum/australia-54/aussie-dollar-freefall-669032/)

Kooky.

May 24th 2010 10:28 am

Re: Aussie dollar in freefall!

Well our money is on its way from both the UK and Singapore. We need to complete on 8th June so daren't leave it any longer, and at least we've done better than expected.

scrubbedexpat055

May 24th 2010 12:52 pm

Re: Aussie dollar in freefall!

Quote:

Originally Posted by JenniGee (Post 8580602)

We'll be looking to trade Â£ for $.... about Â£300K worth.

OH is talking about paying Â£2K to fix an option at Â£1:$2 which at the moment is looking like a good plan

OK, I am struggling here....are you saying that for a cost of Â£2K, you can buy an option to exchange at Â£1:$2?? Is this along way off into the future

At the moment you seem to suggest for a cost of 0.67% of your cash, you can guarantee a gain of circa 14% (eg from $1.75 to $2)

stuartsummers1980

May 26th 2010 12:49 am

Re: Aussie dollar in freefall!

Quote:

Originally Posted by stuartsummers1980 (Post 8578446)

Wow, my girlfriend dispatched her assessment stuff by air mail last Thursday and when she filled in the credit card form her assessment fee was the equivalent of Â£515. By the time the plane lands in Aus with the assessors (any day now) and they process her credit card it'll be Â£492!! Magic!

Ok its official the bird has landed. My girlfriends assessment was going to be Â£515 when her assessment docs took off in to the Sky. As of Monday May 24th the AASW have processed her $850Aus fee and its come out as Â£485!! Â£30better value while in transit. Happy days!:thumbsup:

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