Australian exchange rate
Driving to work this morning, I heard on the news about how the Australian dollar has hit another high – it’s now 92.6c!
The last time it got really high, I took the opportunity to buy my 17-55 2.8 lens from the US. With the Aussie dollar really high again, it’s the best time to buy gear from the US.
So, say I decided to upgrade to a Nikon D90 body only.
Local Australian Brick and Mortar Shops
Buying local does mean you support local business and you get personal customer support, as well as much more convenient after sales support, especially if anything goes wrong. These are the advertised prices on their website, but I’m sure if you go into the shop itself, you may be able to get a better deal – but probably not as low as overseas shops.
PRA Imaging AUD$1355
Quality Camera AUD$1599
Camera Electronic AUD$1395
For those that read my blog regularly, you’ll know that I’ve purchased quite a lot of gear from DigitalRev. They are an eBay shop, but they also have a physical shop in Hong Kong. Returns are a little more complicated, but I’ve had to return my D80 SLR body before and got a replacement one with no problems. The good thing about an eBay shop is that their feedback is all laid out for everyone to peruse. Like any eBay purchase, you should buy from reputable shops with high levels of good feedback. Also, if shipping from overseas, you may need to pay duty (10% GST) on the price if it’s more than AUD$1000 (see u=5549).
Source: One guy, three girls...
Exchange Rates and Prices: The Case of Australian Manufactured Imports (Lecture Notes in Economics and Mathematical Systems)
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Was the quote in AMERICAN dollars?2009-07-25 12:45:01 by zagnutz2u
The Australian dollar is valued differently than the American. You might want to check out the exchange rate.
One more nail in the US dollar coffin.2012-05-31 05:27:16 by jujyiui
BEIJING - China on Tuesday announced that direct trading of its currency against the Japanese yen will begin later this week, bringing the yuan one step closer to becoming a truly global currency.
Authorized by the country's central bank, the trading marks the first time for China to allow a major currency other than the US dollar to be traded directly against the Chinese currency RMB, or the yuan.
As part of the efforts between China and Japan to strengthen cooperation in developing the financial market, the move serves as an important means of promoting direct yuan-yen trading, the People's Bank of China said in a statement on its website.
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