Accountants?

bodhi

bodhi

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Accountants? Exchange Rates?

Is anyone out there good with money and the such?

I have a decent amount of money in cheque form from Australian tax. I just did a quick converstion and it works out to be about £630 at the moment as the exchange rate is about £1 = $2.4.

However, im sure the exchange rate was about £1 = 2.2 not long ago. Which would be over £700.

OK, i just checked and it wasnt that low. It was 2.34 or something in january which would only give me an extra 30 quid or something. Ive had a look at the graph for the last 120 days and it does appear to be going down. I just dont know that much about this type of thing.

Question is, should i hang off putting this into the bank or not? Anyone know anything about exchange rates etc?
 
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So, how many Aussie dollars did you get?

The exchange rate in the street may/could/will be different that what your Bank will actually give you ... ask your bank. ;)

Just plonk the money in and be grateful you are receiving and not giving. :rolleyes:
 
Got $1567 aussie dollars. Its in cheque form so dont i have to put that into my bank?!

You're right, might just plonk it in, the money is better in my bank than as a bit of paper on my desk!!
 
A bird in the hand is worth two in the bush ;) Deposit it!
 
bodhi said:
Got $1567 aussie dollars. Its in cheque form so dont i have to put that into my bank?!

You're right, might just plonk it in, the money is better in my bank than as a bit of paper on my desk!!
Click to expand...
Yep, better in the bank getting some interest ... There is no 'real' money, it's is just paper.

oh, and 1 GBP = 2.46210 AUD ... but like I said, the Bank will have it's own rate of exchange.
nod.gif


I have never taken any 'money' on holidays abroad, I always use plastic. ;)
 
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