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-   -   Aussie dollar (http://www.clubcobra.com/forums/australian-cobra-club/104607-aussie-dollar.html)

albanycobra 05-20-2010 01:34 AM

Aussie dollar
 
With the Aussie dollar sliding is this the end of the good times? I am so use to buying stuff at 90 something per dollar. :CRY:

maxwell 05-20-2010 02:12 AM

Quote:

Originally Posted by albanycobra (Post 1052120)
With the Aussie dollar sliding is this the end of the good times? I am so use to buying stuff at 90 something per dollar. :CRY:

As bad as it is for importing, its actually good news for Australia.

The Aussie $ ideally should be around .70 cents.

Maxwell.

Merv and Sharon 05-20-2010 02:12 AM

I suspect so Dave. I have lucked out twice - once when buying tyres (tires!) and wheels and again later with motor mods. Both times at 94-97 cents/US$. We will need to look locally - or in New Zealand?

Merv and Sharon 05-20-2010 02:14 AM

Actually Dave, I was thinking that the UK could be better now with the old pound also taking a battering?

Zedn 05-20-2010 03:08 AM

Quote:

With the Aussie dollar sliding is this the end of the good times? I am so use to buying stuff at 90 something per dollar.
I was thinking about this the other day. It depends where your money is. I am expecting that rate rises will slow down now. My mortgage has been going up a few hundred a month. So if i consider that money saved then the dollar isnt so bad.

Mind you i think the election result and its effect on the dollar will be something to watch due to confidence by foreign investors.

spookypt 05-20-2010 04:13 AM

Yep... Glad I bought what I did back at a conversion of 94.66c to the USD in Nov/Dec 09. Phew!

sambo 05-20-2010 04:30 AM

Two words folks "sovereign debt". Watch this space.

Merv and Sharon 05-20-2010 04:34 AM

The P.I.G.S. ...

Maybe things will be cheap in Spain soon?

albanycobra 05-20-2010 05:10 AM

Quote:

Actually Dave, I was thinking that the UK could be better now with the old pound also taking a battering?
Today 08:12 AM

Yes the UK is my next target. I'm thinking of getting an Ultima so it might be a good time. ;) Every cloud has a silver lining.

Quote:

The Aussie $ ideally should be around .70 cents
70 cents :CRY::CRY::CRY: Oh well it's good bye to the US and hello UK.
I'm glad I got my FFR Coupe and a shed load from the States while it lasted.

Baz 05-20-2010 04:15 PM

Quote:

Originally Posted by Merv and Sharon (Post 1052136)
The P.I.G.S. ...

Maybe things will be cheap in Spain soon?

Dont forget Thailand Merv. Could get a good deal there.

Baz

andyl 05-21-2010 02:33 AM

Quote:

Originally Posted by albanycobra (Post 1052139)
70 cents :CRY::CRY::CRY: Oh well it's good bye to the US and hello UK.
I'm glad I got my FFR Coupe and a shed load from the States while it lasted.

There is still time to get the old exchange rate if you buy in stock items at performance warehouses. I bought my cratey today and still got $700 off the old price and the old price others had on the same (ford racing) engine. You'd have to be quick though.

Rob. Smith 05-21-2010 05:20 AM

I'm right in the middle of a purchase and the Paypal 3 day delay will make for interesting money conversions ! ha ha ha

Zedn 05-21-2010 06:09 AM

Quote:

I'm right in the middle of a purchase and the Paypal 3 day delay will make for interesting money conversions ! ha ha ha
If you use your credit card through paypal its instant.

albanycobra 05-21-2010 07:22 AM

credit cards are allways a few cents less than the advertised rate anyways.

jcraigau 05-21-2010 08:51 AM

Hopefully it works out. SOmetimes you can get caught out when the dollar bounces.
Happened to us in '90 when it dipped under 50c.


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