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-   -   Warning - Media and Gov talking dollar down! (http://www.disboards.com/showthread.php?t=3112772)

marvel 05-16-2013 10:35 PM

Warning - Media and Gov talking dollar down!
 
Just been reading about our poor dollar, and it looks to me that a combined effort of Gov policy and media are going to cause it to get pummelled. some predicting it will be around 93c by July this year !! that's scary, that means and exchange rate of 88c.

If you have any spare travelling cash, may be a good idea to convert now. :confused3

aussie shaz 05-16-2013 11:09 PM

We leave tomorrow and I'm watching it dive day by day. Not too happy!

WanderlustNZ 05-16-2013 11:28 PM

The same thing seems to be happening to the NZ dollar.
I feel selfish feeling annoyed as it's great news for NZ exporters. I just wish I had everything paid off.

aussietravellers 05-16-2013 11:45 PM

We go next week and I haven't changed our money yet! Not happy about this! Trust it to go down just as our trip begins :sad: :headache:

Lewdannie 05-16-2013 11:52 PM

Annoyed, I agree.

But is not as bad as my first trip to Disneyland in '99.
Then the dollar was 0.56c

Still had a great time.

WAMUMOF4 05-17-2013 02:55 AM

That's just great for us travelers isn't it :eek:

Miss Red 05-17-2013 06:35 AM

I haven't changed any money for my trip in August yet and have watched the dollar fall, hoping and praying it would go back up, but nope keeps going down.

Might go order my cash next week before it drops any lower

marvel 05-17-2013 08:37 AM

We got used to being equal so it starts to hurt when it get to the 90's. we're not traveling anytime time soon but still want to lock in some US cash for the future. The media have been relentless in pushing it down each day.

LisaAJ 05-19-2013 09:04 AM

I just bought a travel card an dumped most of my savings on it this afternoon. I figure I will hedge my bets by having it locked in. I honestly think its going to keep coming down now :(

LisaAJ 05-19-2013 09:05 AM

Lewdannie, my last trip (12 yrs ago) the dollar was 48c - it was terrible! In starting to think the US doesn't like me visiting! By the end of next year it will probably be awful!

marvel 05-22-2013 10:39 PM

Bad news, the dollar keeps coming down, lost another 2c today and media is backing it to drop to to 95c in the next week or so, making the exchange rate close to 90c. :crazy2:

5ofus 05-23-2013 07:13 PM

Quote:

Originally Posted by marvel (Post 48475434)
Bad news, the dollar keeps coming down, lost another 2c today and media is backing it to drop to to 95c in the next week or so, making the exchange rate close to 90c. :crazy2:

Eek! Glad we got our travel card earlier this week, but we'll need to convert some more money yet :(

zanzibar138 05-24-2013 05:04 AM

I'm hopeful that it won't drop too much before September 2014 ;) But I think we have been spoiled with such a great exchange rate for a couple of years - it's been good while it lasted :goodvibes Hopefully we're past the days of REALLY low exchange rates for good though!

alicia1506 05-26-2013 01:16 AM

i've heard reports it might be back up to parity by the end of the year.

...


...

we shall see.

to be honest, while the media plays a role, i think it has more to do with foreign investment on a macro-economic scale and the movements in asia and the usa, so will be keeping a close eye on it in the coming months...

besides, i budget our trips around an exchange rate of 90c anyway, so i'm quietly confident it should creep back up a little in the coming months...

viaggiamo 05-27-2013 04:57 PM

We are not going until December, so I am unsure of what to do. I am hoping that after the election in September it will start to move up again. Am I just hopeful?

This year we have taken advantage of the great cancellation policies in the USA and have booked afew options of hotels. So I have not prepaid. :sad2:

I am debating whether to go and get some cash...

What are you guys doing?


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