Exchange rate AUD Vs GBP £1 buys $1.83
#137
Forum Regular




Joined: Jan 2013
Posts: 280











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
#139
A few months ago I ave moved all my super to international securities (mostly US shares).
#142
Forum Regular




Joined: Jan 2013
Posts: 280











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
Posts: 433
From: The "Gong"











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: 280











1.95540 today, its only getting better for you. I would wait, I have never seen it this high.
#147
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Joined: Mar 2004
Posts: 1,628
From: Sydney











Just hit $2!
#148
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 12th 2015 at 1:36 pm.
#149
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Joined: Jun 2007
Posts: 433
From: The "Gong"











I would call this more a return to normality
#150
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Joined: Jul 2008
Posts: 3,043
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