Post
Topic
Board Economics
Re: AUD is falling! lucky I have bitcoin
by
Cyberdyne
on 29/05/2013, 11:28:35 UTC
^^^ Nope, the other way round champ - in 2006 it was $0.74AUD to US$1

Nope you're the one who has it the wrong way around. $0.74 AUD to USD $1 is a STRONG Aussie dollar.  

You're clearly remembering  $0.74 USD per $1 AUD which is a WEAK Aussie dollar.  eg. your $30,000 AUD would have bought you about $22,500 USD.