Tuesday, July 03, 2007

One other thing

What the hell is up with the U.S. Dollar?

It has been getting weaker and weaker.

So weak, in fact, that if I had exchanged all of my money when I first got here at the beginning of May, I could probably have sold back my Australian Dollars when I got back to the US and made a profit.

A year and a half ago, when I was living here, the 1 AUD was about 0.75 USD, now it is close to 0.86USD, which is the highest it has been in the last 18 years.

I'm already a poor grad student, I was hoping to get some good deals shopping while I was here, but alas, the exchange rate is actually not really in my favor anymore. Yes, one U.S. dollar is worth more than a Australian Dollar, but they charge a little more for things here, so it really ends up being about even now.

Bugger.

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