I checked the exchange rate this morning and it seems to have changed. $1 USD is now equivalent to $0.93 AUD. That may be good for us as we transfer some cash over, but it's starting to swing in a way as to make it less desireable to transfer money back. I hope that it could stabilize closer to 1:1. I hope the AUD doesn't fall much farther.
It is important to note that this information does not indicate any strengthening of the United States economy. It is more than likely a result of the financial instability of the Euro.
Showing posts with label exchange. Show all posts
Showing posts with label exchange. Show all posts
Sunday, June 3, 2012
Tuesday, April 10, 2012
Exchange Rate Update
The exchange rate has changed. The dollar has either rallied a little, the Australian dollar has weakened, or both. The current rate is:
1 AUD = 1.03 USD
1 USD = .97 AUD
That makes it a little easier on us and a little worse on the Aussies, for now. We still will only transfer what we need, as there is a large fee for transferring.
1 AUD = 1.03 USD
1 USD = .97 AUD
That makes it a little easier on us and a little worse on the Aussies, for now. We still will only transfer what we need, as there is a large fee for transferring.
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