$A hits parity with $US

[MB78]

Re: A$ hits US98.74c US

With the $$ so high looks like Hawaii will be the new Bali heh heh heh, id love to be in Hawaii telling Yanks its great to be in USA cos its so cheap to come here heh heh heh.

I would love to tell them that too. I was in Ireland 4 years ago and it was the Ryder Cup and all The Yanks could do was whinge that their strong $ was weaker than the Euro and it took eight hours to fly over there. :

So with our $ being so strong I would love to tell them how cheap it is to buy US $.

 

[Streak]

I heard it hit actual parity this morning.

Is this the first time in this current run?

 

[puregreen]

Yep, and there are some in the financial circles who reckon it could go as high as $1.10!!!

To think 12 years ago I was in San Diego when it was 0.33 cents - that was painful.

 

[GR]

I was in Hawaii in Feb 99 and it was around the 50 cent mark, would love to go back to Maui now though... Grand Hotel, here we come!!!

 

[Ian4]

yeah it was around $0.50 when i was there in the late 90's and in the early 90's when there 2.5 years ago.

 

[Tigers of Old]

Still hovering around $1.05 with no sign of fading. Quite amazing that it's been sitting around here for a couple of years now.

 

[Ian4]

Even better against the £ and €

 

[MB78]

It would do the economy a world of good for it to come down under the the US $. Our manufacturing and agriculture sectors are getting smashed by the high $.

It would help if the US and Japan stopped printing money.

 

[Tigers of Old]

It would do the economy a world of good for it to come down under the the US $. Our manufacturing and agriculture sectors are getting smashed by the high $.

It would help if the US and Japan stopped printing money.

Can buy OS products & materials cheaper though too. Certainly a double edged sword.

Still with an OS trip coming up in 6 months I'm pretty happy with it. 8-

 

[Giardiasis]

It would help if the US and Japan stopped printing money.

Or maybe if we printed more than them?

 

[rokin.tiger]

Quite happy where it's at considering I arrive in the US in 119 days (who's counting?)

 

[SfB_AkA._DeLiCiOuS]

I'm glad I converted $8K into USD when it peaked at it's lowest....still plenty for my next few trips.

 

[Total Tiger]

Can buy OS products & materials cheaper though too. Certainly a double edged sword.

Nope that sword only has one edge. This country will pay for decades for the high $$$ we have had for the past 5 years or so. Cheap TVs do not equate to jobs and industries.

 

[Giardiasis]

Nope that sword only has one edge. This country will pay for decades for the high $$$ we have had for the past 5 years or so. Cheap TVs do not equate to jobs and industries.

Neither does a weak currency.

 

[tigersnake]

I'm glad I converted $8K into USD when it peaked at it's lowest....still plenty for my next few trips.

Can you do that and still get interest? I'm heading in 3 months for 3 weeks, I was gunna put $2K on an ANZ travel card to get the current rate, and take the rate in 3 months as well for any extra I need, have a bob each way. But the $2K won't get interest, not that it would be much, but $8K is different

 

[Total Tiger]

Neither does a weak currency.

Not looking for a weak dollar, just a fair one. The problem with this sustained period of the dollar being high is that the manufacturing that is leaving the country will never come back.

 

[Giardiasis]

Not looking for a weak dollar, just a fair one.

Exactly, the only way to end the currency wars is to revert back to the Gold Standard.

 

[AngryAnt]

Exactly, the only way to end the currency wars is to revert back to the Gold Standard.

Can we also go back to using Spanish Doubloons and Pieces o' Eight

 

[Giardiasis]

Can we also go back to using Spanish Doubloons and Pieces o' Eight

Sure beats fiat.

 

[AngryAnt]

Sure beats fiat.

Dunno about that, they look alright to me