gobbledonk Posted April 21, 2011 Report Share Posted April 21, 2011 Not a surprise.The US Dollar was downgraded due to the large debt load that the US gov now has. Hello....you can not print trillions of dollars out of thin air and not have negative results! Expect the US dollar to really go down in June when the QE2 ends, unless they start up the presses and print more $$$ out of air and also raise interest rates. Agreed, and that is largely what the financial talking heads here are attributing it to, but there is real pain for our exporters when our dollar strengthens like this. God help us all of the US goes into hyper-inflation like Germany in the 20s. Link to comment Share on other sites More sharing options...
Redbaron Posted April 21, 2011 Report Share Posted April 21, 2011 most showing 1 AUD : 31.5 THB or better Link to comment Share on other sites More sharing options...
ozpharlap Posted April 21, 2011 Author Report Share Posted April 21, 2011 www.x-rates.com is showing 1 AUD $ = 32.1642 baht as of today Link to comment Share on other sites More sharing options...
Redbaron Posted April 22, 2011 Report Share Posted April 22, 2011 woohoo! got to get my passport app in! Link to comment Share on other sites More sharing options...
ozpharlap Posted April 27, 2011 Author Report Share Posted April 27, 2011 Up to 108.05US this morning, and I got a quote for 32.7 baht ... time to start converting money, but how high will it goes, makes you wonder Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted April 28, 2011 Report Share Posted April 28, 2011 US Dollar is making records also but in the other direction. Link to comment Share on other sites More sharing options...
Soi biker Posted April 28, 2011 Report Share Posted April 28, 2011 Glad I exchanged some USD for A$ and the C$ when they were below par. Link to comment Share on other sites More sharing options...
ozpharlap Posted April 28, 2011 Author Report Share Posted April 28, 2011 AUD$ has just gone to 109.4 US$, settling at 109.22 US$ Link to comment Share on other sites More sharing options...
Torneyboy Posted April 28, 2011 Report Share Posted April 28, 2011 Great for us ... Link to comment Share on other sites More sharing options...
bust Posted May 4, 2011 Report Share Posted May 4, 2011 $1.10 wooohooo Link to comment Share on other sites More sharing options...
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