The Aussie $ overvalued by this much?

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Aussie $$ too high?

Yes.
5
42%
No
4
33%
I have no Idea.
3
25%
 
Total votes: 12
K
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Post by K »

Following coronavirus fears, AU$ currently down 0.5 per cent to 65.34 US cents... the lowest level since March 2009.
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luvdids
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Post by luvdids »

Yeah, and you can't buy it for that much either. Currently getting it for about .62c. When I started putting USD aside for my trip next month I was getting it at around .66-.67c
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think positive
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Post by think positive »

I keep an eye on the trends and just keep a steady $5k on my card, useful for purchases too
You cant fix stupid, turns out you cant quarantine it either!
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think positive
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Post by think positive »

K wrote:Following coronavirus fears, AU$ currently down 0.5 per cent to 65.34 US cents... the lowest level since March 2009.
That’s why flights are so cheap too. Travelling here this year, if I get sick I’d rather be in an Aussie hospital! Actually I just want to plan my dream trip next year so hubby gets his caravan dream this year!
You cant fix stupid, turns out you cant quarantine it either!
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K
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Post by K »

1 AU$ = 57.9c US.

Maybe time for Nicksters to cancel those US holidays. :wink: :wink:
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luvdids
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Post by luvdids »

Try finding somewhere to cash in USD, they're apparently not giving a rate so the few hundred USD I have I'm stuck with for the time being.
My cash card however made me a nice little return on the conversion $$$ :)
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Skids
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Post by Skids »

17 million tonnes of Iron Ore a week exported @ $A160/tonne is the only thing saving our arse at the minute!

$A2.72 billion a week, I see why they want us to stay in production!
Don't count the days, make the days count.
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K
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Post by K »

luvdids wrote:Try finding somewhere to cash in USD, they're apparently not giving a rate so the few hundred USD I have I'm stuck with for the time being.
...
Do you mean that if you walk into a bank with US cash, they won't convert it?? :? :shock:
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Skids
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Post by Skids »

Back up over 59c.
Don't count the days, make the days count.
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luvdids
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Post by luvdids »

K wrote:
luvdids wrote:Try finding somewhere to cash in USD, they're apparently not giving a rate so the few hundred USD I have I'm stuck with for the time being.
...
Do you mean that if you walk into a bank with US cash, they won't convert it?? :? :shock:
Haven't tried a bank as yet, only a travel money place. Wouldn't convert.
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K
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Post by K »

Skids wrote:Back up over 59c.
Now back over 60c.
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