Friday, November 7, 2008

£ → $ = sad face

A couple of weeks ago the exchange rate was awesome. £1 got you AU$2.60.

Now that I am in a position to send some money back home to cover the mortgage, the exchange rate is crap. £1 got me AU$2.35.

Sorry, what did you say? That's not much of a difference?

Let me put it in these terms. Had I sent my £2,050 home two weeks ago, I would have gotten AU$5,330. I sent my £2,050 home this morning and will get AU$4,817. That's more than $500 difference.

Screw you exchange rate, screw you.

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