Currency watchers - is it a good time to convert US$ to AUS$? - GoFuckYourself.com

CunningStunt · 12-21-2009, 05:23 PM

Looks like the AUS$ is weakening again against the US$: http://www.exchange-rates.org/history/USD/AUD/G/180

I want to close an offshore account and bring in some savings to Australia. Is now a good time or should I wait a bit more to see how much it drops?

The Demon · 12-21-2009, 05:33 PM

Quote:

Originally Posted by CunningStunt

Looks like the AUS$ is weakening again against the US$: http://www.exchange-rates.org/history/USD/AUD/G/180

I want to close an offshore account and bring in some savings to Australia. Is now a good time or should I wait a bit more to see how much it drops?

It's temporary. believe me, the Aussie dollar will strengthen against the US dollar. If I were you I'd go with the Brazilian Real or Norwegian Krone.

CunningStunt · 12-21-2009, 06:29 PM

I need to bring it in to Australia, in Australian dollars. I am not speculating, I want the $ in my hands!

Aka_Bluey · 12-21-2009, 07:02 PM

Bring back the days of the aussie $0.60AUD and lower.

We don't know how these puckers come up with their figures, been watching this page for a while and god we hope they are wrong. They forecast the AUD to stay in the low to mid $0.90's to July 2010. Might be a little "We Speculate You Decide" type of forecast. Over the last few years they have been all over the place.

http://www.forecasts.org/ausd.htm

Where abouts in Aus are you CunningStunt?

CunningStunt · 12-21-2009, 07:10 PM

I'm an hour south of Sydney. It's god's country down here! How about yourself?

Yes, when I started this game it was around the 0.60 mark. It's alarming just how much the US fucked themselves up economy wise, and the knock on is my income has effectively dropped by about 40%, just on currency shifts alone. It's a big kick in the nads during tough times.

Aka_Bluey · 12-21-2009, 07:18 PM

An hour south of Sydney sounds like a good place to be this time of year. We are a few hours west of Townsville in Nth Qld, hot as puck here today 36+ and signs of rain this sarv.

Yes i hear you on the US economy, here's to better days in 2010.

fatfoo · 12-21-2009, 08:24 PM

I only know one thing:

More money = better

slapass · 12-21-2009, 08:43 PM

Quote:

Originally Posted by The Demon

It's temporary. believe me, the Aussie dollar will strengthen against the US dollar. If I were you I'd go with the Brazilian Real or Norwegian Krone.

Buying some reals next week so nice hear that as an opinion.

12-21-2009, 05:23 PM	#1
CunningStunt Confirmed User Industry Role: Join Date: Aug 2006 Posts: 5,594	Currency watchers - is it a good time to convert US$ to AUS$? Looks like the AUS$ is weakening again against the US$: http://www.exchange-rates.org/history/USD/AUD/G/180 I want to close an offshore account and bring in some savings to Australia. Is now a good time or should I wait a bit more to see how much it drops?

12-21-2009, 07:02 PM	#4
Aka_Bluey Confirmed User Industry Role: Join Date: Sep 2007 Posts: 631	Bring back the days of the aussie $0.60AUD and lower. We don't know how these puckers come up with their figures, been watching this page for a while and god we hope they are wrong. They forecast the AUD to stay in the low to mid $0.90's to July 2010. Might be a little "We Speculate You Decide" type of forecast. Over the last few years they have been all over the place. http://www.forecasts.org/ausd.htm Where abouts in Aus are you CunningStunt? __________________ Things that make ya go hmmmm....

12-21-2009, 07:18 PM	#6
Aka_Bluey Confirmed User Industry Role: Join Date: Sep 2007 Posts: 631	An hour south of Sydney sounds like a good place to be this time of year. We are a few hours west of Townsville in Nth Qld, hot as puck here today 36+ and signs of rain this sarv. Yes i hear you on the US economy, here's to better days in 2010. __________________ Things that make ya go hmmmm....

12-21-2009, 08:24 PM	#7
fatfoo ICQ:649699063 Industry Role: Join Date: Mar 2003 Posts: 27,763	I only know one thing: More money = better __________________ Send me an email: [email protected]

12-21-2009, 06:29 PM	#3
CunningStunt Confirmed User Industry Role: Join Date: Aug 2006 Posts: 5,594	I need to bring it in to Australia, in Australian dollars. I am not speculating, I want the $ in my hands!

12-21-2009, 07:10 PM	#5
CunningStunt Confirmed User Industry Role: Join Date: Aug 2006 Posts: 5,594	I'm an hour south of Sydney. It's god's country down here! How about yourself? Yes, when I started this game it was around the 0.60 mark. It's alarming just how much the US fucked themselves up economy wise, and the knock on is my income has effectively dropped by about 40%, just on currency shifts alone. It's a big kick in the nads during tough times.