Princess Jes
DIS Veteran
- Joined
- Jun 15, 2013
Ok put it this way:I'm not an accountant but I'm not following your math.
Travelex is USD$1:AUD$1.28. That means the USD is worth about 22% less than the AUD.
In Australia, it's USD$0.68:AUD$1. That means the USD is worth 32% less than the AUD.
How are you getting from those numbers to USD$1.47:AUD$1 which would mean the USD was worth 47% more than the AUD?
If I took AUD$1000 and exchanged it here today into USD, I'd walk away with $650 USD
If I took AUD$1000 to America and exchanged there, I'd walk away with $780 USD.