Leesider32
Registered User
- Messages
- 171
Hi all,
Not sure if I have the right forum for this or not but I have a bit of cash in Oz which I was leaving there for the time being but now as expected exchange rates have gone crazy. In the last 3 weeks it has gone from €1 = $1.60 to €1 = $1.91 so losing a lot of cash if it stays like that or goes higher as it has been doing every day now.
Back in 2012 it was down at €1 = $1.20 which would have been nice, but what I have never understood is what normally drives the exchange rate between the Euro and the Ozzie Dollar?
Not sure if I have the right forum for this or not but I have a bit of cash in Oz which I was leaving there for the time being but now as expected exchange rates have gone crazy. In the last 3 weeks it has gone from €1 = $1.60 to €1 = $1.91 so losing a lot of cash if it stays like that or goes higher as it has been doing every day now.
Back in 2012 it was down at €1 = $1.20 which would have been nice, but what I have never understood is what normally drives the exchange rate between the Euro and the Ozzie Dollar?
