For those in Perth always looking for a better, faster, cheaper way

Tuesday, April 6, 2010

Shop in the UK while the AUD is hot

I am not sure whether you have heard any news about this but at the moment, the Australian Dollar is stronger against the British Pound than it has been for at least the last 5 years! Below is a graph of the AUD versus the GBP over five years from Yahoo's finance website. 

In the past 5 years, the Australian dollar has appreciated by 50% from 0.40GBP to 0.60GBP for every Australian Dollar. We all know how well the dollar has been doing against the US dollar but many have overlooked this, so if you ever thought about heading to the UK or to buy something from there, now is the time :)

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