Not to worry anyone but...... 1.78
#1
#2
Re: Not to worry anyone but...... 1.78
It's taking the piss! We were moaning about getting 1.88 a few weeks ago for our reccie trip, it's just going down and down every day. Luckily we're not moving for a bit but just as well, we couldn't afford to at this rate (no pun intended...or was it?!)
#4
Re: Not to worry anyone but...... 1.78
of course given that UK interest rates are likely to stay on hold for a little longer and Oz rates to increase, you can expect the trend to continue
#6
Forum Regular
Joined: Jun 2009
Posts: 66
Re: Not to worry anyone but...... 1.78
waiting 6 months might not help!!
#7
Re: Not to worry anyone but...... 1.78
Yes, it really is taking the piss when your currency is worth more than one and a half times the currency of the country you're moving to, so your money actually increases in value by more than 50% just by crossing a few international timezones.
Oh, the humanity!
Oh, the humanity!
#8
Forum Regular
Joined: Nov 2007
Posts: 152
Re: Not to worry anyone but...... 1.78
Yes, it really is taking the piss when your currency is worth more than one and a half times the currency of the country you're moving to, so your money actually increases in value by more than 50% just by crossing a few international timezones.
Oh, the humanity!
Oh, the humanity!
#9
Re: Not to worry anyone but...... 1.78
Let me put it this way: you'll have 50% more dollars than pounds when you convert your money into Australian currency. Meanwhile, Australians who come to the UK have fewer pounds than dollars when they convert their money into Stirling.
In other words, you effectively gain money by entering Australia, while Australians lose money by entering the UK. So the next time you think that 1.78 isn't fair, remind yourself that you're still getting one hell of a deal.
In other words, you effectively gain money by entering Australia, while Australians lose money by entering the UK. So the next time you think that 1.78 isn't fair, remind yourself that you're still getting one hell of a deal.
#10
Re: Not to worry anyone but...... 1.78
[quote=Vash the Stampede;7994417]Let me put it this way: you'll have 50% more dollars than pounds when you convert your money into Australian currency. Meanwhile, Australians who come to the UK have fewer pounds than dollars when they convert their money into Stirling.
In other words, you effectively gain money by entering Australia, while Australians lose money by entering the UK. So the next time you think that 1.78 isn't fair, remind yourself that you're still getting one hell of a deal.[/qsuote]
did a on line aldi look see and shopping it is about 2 to 1
,but i do agree when you come back to the uk from au,working au to gbp, it dose make wow thats 5 etc dollars as my son who is 10 reminds me. by the way he loves stralia,
In other words, you effectively gain money by entering Australia, while Australians lose money by entering the UK. So the next time you think that 1.78 isn't fair, remind yourself that you're still getting one hell of a deal.[/qsuote]
did a on line aldi look see and shopping it is about 2 to 1
,but i do agree when you come back to the uk from au,working au to gbp, it dose make wow thats 5 etc dollars as my son who is 10 reminds me. by the way he loves stralia,
#11
Re: Not to worry anyone but...... 1.78
Exactly one year ago you needed AUD$ 2,29 to buy one of your finest british pounds but today you only need AUD$ 1,78 which by my reckoning is 22% less or (to put it another way) if you were selling a house in the UK for GBP 500,000 you house will now only buy you a GBP 390,000 equivalent in Oz.
Or am I not understanding?
#12
Re: Not to worry anyone but...... 1.78
Let me put it this way: you'll have 50% more dollars than pounds when you convert your money into Australian currency. Meanwhile, Australians who come to the UK have fewer pounds than dollars when they convert their money into Stirling.
In other words, you effectively gain money by entering Australia, while Australians lose money by entering the UK. So the next time you think that 1.78 isn't fair, remind yourself that you're still getting one hell of a deal.
In other words, you effectively gain money by entering Australia, while Australians lose money by entering the UK. So the next time you think that 1.78 isn't fair, remind yourself that you're still getting one hell of a deal.
#13
Victorian Evangelist
Joined: Sep 2005
Location: Melbourne, by the beach, living the dream.
Posts: 7,704
Re: Not to worry anyone but...... 1.78
Let me put it this way: you'll have 50% more dollars than pounds when you convert your money into Australian currency. Meanwhile, Australians who come to the UK have fewer pounds than dollars when they convert their money into Stirling.
In other words, you effectively gain money by entering Australia, while Australians lose money by entering the UK. So the next time you think that 1.78 isn't fair, remind yourself that you're still getting one hell of a deal.
In other words, you effectively gain money by entering Australia, while Australians lose money by entering the UK. So the next time you think that 1.78 isn't fair, remind yourself that you're still getting one hell of a deal.
Buzzy
#14
Forum Regular
Joined: Nov 2007
Posts: 152
Re: Not to worry anyone but...... 1.78
Let me put it this way: you'll have 50% more dollars than pounds when you convert your money into Australian currency. Meanwhile, Australians who come to the UK have fewer pounds than dollars when they convert their money into Stirling.
In other words, you effectively gain money by entering Australia, while Australians lose money by entering the UK. So the next time you think that 1.78 isn't fair, remind yourself that you're still getting one hell of a deal.
In other words, you effectively gain money by entering Australia, while Australians lose money by entering the UK. So the next time you think that 1.78 isn't fair, remind yourself that you're still getting one hell of a deal.
#15
BE Enthusiast
Joined: Aug 2008
Location: Canberra
Posts: 568
Re: Not to worry anyone but...... 1.78
Let me put it this way: you'll have 50% more dollars than pounds when you convert your money into Australian currency. Meanwhile, Australians who come to the UK have fewer pounds than dollars when they convert their money into Stirling.
In other words, you effectively gain money by entering Australia, while Australians lose money by entering the UK. So the next time you think that 1.78 isn't fair, remind yourself that you're still getting one hell of a deal.
In other words, you effectively gain money by entering Australia, while Australians lose money by entering the UK. So the next time you think that 1.78 isn't fair, remind yourself that you're still getting one hell of a deal.
If it was simply a case of moving to another country to increase the value of currency you had then I’d head to Japan, where 1 pound will get me 141 YEN. Then OH MY GOD, I’ll be 141 times more richer.... sadly, that 1 pound apple in the UK, costs more than 141 YEN in Japan!
The new rate will make a big difference on what type of house a new expat can buy compared to what they could buy last year.
Last edited by canadaeh; Oct 6th 2009 at 10:11 pm.