Monday, October 27, 2008
Declining fortunes?
So, it's like 2 weeks before I (nick) leave my warm, cruisy comfort zone and enter the cold, potentially, dangerous - yet exciting - world of you rope. But this morning i woke to slightly demoralising (ok, more then slightly demoralising) headlines like "Dollar hits fresh low, nears US60c".
I have known (and loudly complained) about the declining fortunes of the battling aussie currency for some time, but i have assumed and hoped that it would 'bounce back' and all would be well.
But, on this sad day, I thought i would document the tradgic, heart breaking story of a true Aussie battler: the Australian Dollar. I use the AUD vs USD mainly because the fall is way more dramatic, but there are similar falls vs Euro, Yen, pound... even the New Zealand dollar!!!
Part One: The beginning - A new hope?
January 08': AUD could buy around 87 American cents. (At this point travel wasn't even on the cards, but hey, a strong Aussie dollar at least gave me options!)
March: AUD hovers around 93 American cents. (I couldn't help but be a bit excited... we couldn't possible reach parity though... could we?!)
Part Two: The hearty advance
May: AUD reaches 95 American cents.
July: A high of 97!?!?!?! (Ok, so at this point i'll admit, i was feeling a little cocky, a little smug - "Good thinking on a Euro-trip Nick!)
Part Three: The crushing fall
September: 85... (oh well, it's still pretty damn good)
Mid September: 72. shit (It can't get much worse... right?)
Today: 60. fu...damn (deep breaths)
Okok, it could be worse - The Euro could have crashed from it's high of like 60 euro cents (woo!) to like 20 or something...
But still, it's some pretty bad luck.
It's probably better to just not think about it... right? right.
I mean, there's still a few weeks, who knows, everything might be better... by... then... maybe.
As they say, what goes down must go up... or something like that.
Nick.
Subscribe to:
Post Comments (Atom)
4 comments:
i love how i went in the month of 97cents US (july)
"Good thinking on a Euro-trip Em!"
At this time i needed support and you just spat in my face.
if i could say "emily is sluggly" in french i would.
haaaaha
You're so screwed.
its slowing going back up. 67 i think now.
Post a Comment