Australian Dollar just walked through 1.07AUD to the USD exc

[Don McKenzie]

Australian Dollar just walked through 1.07AUD to the USD exchange rate.

http://www.xe.com/currencycharts/?from=AUD&to=USD&view=10Y

Doesn't matter if you are an importer, an exporter, a traveler, or simply a consumer, this will affect you.

I remember when it was .4790 in April of 2001. That's 10 years ago this month.

I decided in April 2001:
If I purchased in USD, then I would sell in USD.
If I purchased in Euros, then I would sell in Euros.
If I purchased in AUD, then I would sell in AUD.

So I patch into my Dontronics shopping cart daily, these two additional exchange rates, and I have never had to keep
chasing retail prices, and continually changing them. It has saved me a lot of time and money over the years.
(Didn't save me any hair).

I would imagine it would be a nightmare trying to manufacture in Australia, import components, and then sell locally and
globally, at this massively forever changing exchange rate. Where is it going next?

Cheers Don...

Ref: http://dontronics-shop.blogspot.com/2011/04/australian-dollar-just-walked-through.html

========================



--
Don McKenzie

Dontronics Blog: http://www.GodzillaSeaMonkey.com
Dontronics Site Map: http://www.dontronics.com/sitemap
E-Mail Contact Page: http://www.dontronics.com/email
Web Camera Page: http://www.dontronics.com/webcam
No More Damn Spam: http://www.dontronics.com/spam

These products will reduce in price by 5% every month:
http://www.dontronics-shop.com/minus-5-every-month.html
http://www.dontronics-shop.com/ics.html

Bare Proto PCB for PIC or AVR projects?
"I'd buy that for a Dollar!".

 

[atec77]

On 21/04/2011 10:16 AM, Don McKenzie wrote:

Australian Dollar just walked through 1.07AUD to the USD exchange rate.

http://www.xe.com/currencycharts/?from=AUD&to=USD&view=10Y

Doesn't matter if you are an importer, an exporter, a traveler, or
simply a consumer, this will affect you.

I remember when it was .4790 in April of 2001. That's 10 years ago this
month.

I decided in April 2001:
If I purchased in USD, then I would sell in USD.
If I purchased in Euros, then I would sell in Euros.
If I purchased in AUD, then I would sell in AUD.

I am waiting for the other shoe to drop , and it will
happily though I just bought a heap of Blf177 mosfets and they are
about 60% the cost of a couple of months ago

So I patch into my Dontronics shopping cart daily, these two additional
exchange rates, and I have never had to keep chasing retail prices, and
continually changing them. It has saved me a lot of time and money over
the years.
(Didn't save me any hair).

I would imagine it would be a nightmare trying to manufacture in
Australia, import components, and then sell locally and globally, at
this massively forever changing exchange rate. Where is it going next?

Cheers Don...

Ref:
http://dontronics-shop.blogspot.com/2011/04/australian-dollar-just-walked-through.html


========================

--
X-No-Archive: Yes

 

[Swanny]

On 21/04/2011 10:16 AM, Don McKenzie wrote:

Australian Dollar just walked through 1.07AUD to the USD exchange rate.

http://www.xe.com/currencycharts/?from=AUD&to=USD&view=10Y

Doesn't matter if you are an importer, an exporter, a traveler, or
simply a consumer, this will affect you.

I remember when it was .4790 in April of 2001. That's 10 years ago this
month.

I decided in April 2001:
If I purchased in USD, then I would sell in USD.
If I purchased in Euros, then I would sell in Euros.
If I purchased in AUD, then I would sell in AUD.

So I patch into my Dontronics shopping cart daily, these two additional
exchange rates, and I have never had to keep chasing retail prices, and
continually changing them. It has saved me a lot of time and money over
the years.
(Didn't save me any hair).

It doesn't negate the fact that your company revenue must be reported in
AUD, so you need to convert your amounts at some stage back to AUD.

 

[Geoff]

I would imagine it would be a nightmare trying to manufacture in
Australia, import components, and then sell locally and globally, at
this massively forever changing exchange rate. Where is it going next?

Cheers Don...

For us, as exporters it is simple. The jobs leave the shores, never to
return as they are simply too hi-tech to easily bring back. We keep putting
more on in our Asian plant and retrenching locals.

 

[Don McKenzie]

On 21-Apr-11 2:55 PM, Swanny wrote:

On 21/04/2011 10:16 AM, Don McKenzie wrote:

So I patch into my Dontronics shopping cart daily, these two additional
exchange rates, and I have never had to keep chasing retail prices, and
continually changing them. It has saved me a lot of time and money over
the years.
(Didn't save me any hair).

It doesn't negate the fact that your company revenue must be reported in
AUD, so you need to convert your amounts at some stage back to AUD.

Sure, it is charged in AUD right at the cart. The point of sale.
Check any and every product. Prices are shown in 3 currencies.


Cheers Don...



--
Don McKenzie

Dontronics Blog: http://www.GodzillaSeaMonkey.com
Dontronics Site Map: http://www.dontronics.com/sitemap
E-Mail Contact Page: http://www.dontronics.com/email
Web Camera Page: http://www.dontronics.com/webcam
No More Damn Spam: http://www.dontronics.com/spam

These products will reduce in price by 5% every month:
http://www.dontronics-shop.com/minus-5-every-month.html
http://www.dontronics-shop.com/ics.html

Bare Proto PCB for PIC or AVR projects?
"I'd buy that for a Dollar!".

 

[Clifford Heath]

On 04/21/11 13:40, Geoff wrote:

I would imagine it would be a nightmare trying to manufacture in
Australia, import components, and then sell locally and globally, at
this massively forever changing exchange rate. Where is it going next?
For us, as exporters it is simple. The jobs leave the shores, never to
return as they are simply too hi-tech to easily bring back. We keep putting
more on in our Asian plant and retrenching locals.

What have you personally done about that? Ever started your own
business? Or have you always expected to be an employee, leaving
the hard yards of starting thing to others? (Like most Australians...)
If you want jobs here, you have to start businesses that are globally
competitive, there's no sense in whinging that others haven't done it
for you.

That's the beef I have with the "Buy Australian" campaign. All very
well and good, but where is our "Sell Australian" campaign? Our
dollar will only climb as high as the value we offer to the world.

Clifford Heath.

 

[Dr Who]

Don McKenzie wrote:

On 21-Apr-11 2:55 PM, Swanny wrote:
On 21/04/2011 10:16 AM, Don McKenzie wrote:

So I patch into my Dontronics shopping cart daily, these two
additional exchange rates, and I have never had to keep chasing
retail prices, and continually changing them. It has saved me a
lot of time and money over the years.
(Didn't save me any hair).

It doesn't negate the fact that your company revenue must be
reported in AUD, so you need to convert your amounts at some stage
back to AUD.

Sure, it is charged in AUD right at the cart. The point of sale.
Check any and every product. Prices are shown in 3 currencies.


Cheers Don...

While the yanks keep printing money to try and solve their monetary
crisis, the AUS dollar will continue to get stronger.

The US dollar is headed for 3rd world status.

--

 

[Rod Speed]

Clifford Heath wrote

Geoff wrote

I would imagine it would be a nightmare trying to manufacture in
Australia, import components, and then sell locally and globally, at
this massively forever changing exchange rate. Where is it going next?

For us, as exporters it is simple. The jobs leave the shores, never
to return as they are simply too hi-tech to easily bring back. We
keep putting more on in our Asian plant and retrenching locals.

What have you personally done about that? Ever started your own
business? Or have you always expected to be an employee, leaving
the hard yards of starting thing to others? (Like most Australians...)

If you want jobs here, you have to start businesses that are globally
competitive, there's no sense in whinging that others haven't done it for you.

That's the beef I have with the "Buy Australian" campaign. All very
well and good, but where is our "Sell Australian" campaign? Our
dollar will only climb as high as the value we offer to the world.

What someone like you does is completely irrelevant.

Our currency relativity is entirely determined by the mining
boom and what the stupid yanks do about their deficits etc.

 

[Rod Speed]

Dr Who wrote

Don McKenzie wrote
Swanny wrote
Don McKenzie wrote

So I patch into my Dontronics shopping cart daily, these two
additional exchange rates, and I have never had to keep chasing
retail prices, and continually changing them. It has saved me a
lot of time and money over the years.
(Didn't save me any hair).

It doesn't negate the fact that your company revenue must be reported
in AUD, so you need to convert your amounts at some stage back to AUD.

Sure, it is charged in AUD right at the cart. The point of sale.
Check any and every product. Prices are shown in 3 currencies.

While the yanks keep printing money to try and solve their
monetary crisis, the AUS dollar will continue to get stronger.

Yes.

The US dollar is headed for 3rd world status.

Nope, its still where the full commercialisation of almost all technology happens first.

 

[Clifford Heath]

On 04/21/11 20:07, Rod Speed wrote:

Clifford Heath wrote
What someone like you does is completely irrelevant.

Bullshit. What everyone in Australia does is relevant.

In my personal case, well over a hundred million dollars has
come into this country, mostly into the pockets of more than
one thousand employees of the startups whose technology I've
created. You think that, as a small sample of what most
individuals in Australia are capable of, makes no difference?

'cos if you do, you really are an idiot.

 

[atec77]

On 21/04/2011 8:17 PM, Clifford Heath wrote:

On 04/21/11 20:07, Rod Speed wrote:
Clifford Heath wrote
What someone like you does is completely irrelevant.

Bullshit. What everyone in Australia does is relevant.

In my personal case, well over a hundred million dollars has
come into this country, mostly into the pockets of more than
one thousand employees of the startups whose technology I've
created. You think that, as a small sample of what most
individuals in Australia are capable of, makes no difference?

'cos if you do, you really are an idiot.
Yes he really is an idiot of the first magnitude

the grand poohbah of idiots

--
X-No-Archive: Yes

 

[atec77]

On 21/04/2011 8:09 PM, Rod Speed wrote:

Dr Who wrote
Don McKenzie wrote
Swanny wrote
Don McKenzie wrote

So I patch into my Dontronics shopping cart daily, these two
additional exchange rates, and I have never had to keep chasing
retail prices, and continually changing them. It has saved me a
lot of time and money over the years.
(Didn't save me any hair).

It doesn't negate the fact that your company revenue must be reported
in AUD, so you need to convert your amounts at some stage back to AUD.

Sure, it is charged in AUD right at the cart. The point of sale.
Check any and every product. Prices are shown in 3 currencies.

While the yanks keep printing money to try and solve their
monetary crisis, the AUS dollar will continue to get stronger.

Yes.

The US dollar is headed for 3rd world status.

Nope, its still where the full commercialisation of almost all technology happens first.


wrong again woddels , the us had been a 2nd class technologist for a decade

--
X-No-Archive: Yes

 

[Polly the Parrott]

On Thu, 21 Apr 2011 20:30:36 +1000, atec77 <atec77@hotmail.com> wrote:

Nope, its still where the full commercialisation of almost all technology happens first.


wrong again woddels , the us had been a 2nd class technologist for a decade

Which country is first class?

 

[Bruce Varley]

"Polly the Parrott" <flatulantdingo@deadspam.com> wrote in message
news:7f20r6hlmi91vfnqvn1b94kknpe6ivoj0d@4ax.com...

On Thu, 21 Apr 2011 20:30:36 +1000, atec77 <atec77@hotmail.com> wrote:

Nope, its still where the full commercialisation of almost all
technology happens first.


wrong again woddels , the us had been a 2nd class technologist for a
decade

Which country is first class?

A lot, most likely. It's not as simple as it used to be, knowledge and
markets are global, and the field is open to all. Irael has held the leading
edge in some fields for a while, and I recall reading somewhere that there's
an unlikely country in Northern Africa that has preeminence in some aspects
of biotechnology.

 

[atec77]

On 21/04/2011 8:42 PM, Polly the Parrott wrote:

On Thu, 21 Apr 2011 20:30:36 +1000, atec77<atec77@hotmail.com> wrote:

Nope, its still where the full commercialisation of almost all technology happens first.


wrong again woddels , the us had been a 2nd class technologist for a decade

Which country is first class?
Guess it aint the states now is it

--
X-No-Archive: Yes

 

[atec77]

On 21/04/2011 9:56 PM, Bruce Varley wrote:

"Polly the Parrott"<flatulantdingo@deadspam.com> wrote in message
news:7f20r6hlmi91vfnqvn1b94kknpe6ivoj0d@4ax.com...
On Thu, 21 Apr 2011 20:30:36 +1000, atec77<atec77@hotmail.com> wrote:

Nope, its still where the full commercialisation of almost all
technology happens first.


wrong again woddels , the us had been a 2nd class technologist for a
decade

Which country is first class?

A lot, most likely. It's not as simple as it used to be, knowledge and
markets are global, and the field is open to all. Irael has held the leading
edge in some fields for a while, and I recall reading somewhere that there's
an unlikely country in Northern Africa that has preeminence in some aspects
of biotechnology.


Ireland is big in computers amazingly

--
X-No-Archive: Yes

 

[Rod Speed]

Clifford Heath wrote

Rod Speed wrote
Clifford Heath wrote
Geoff wrote

I would imagine it would be a nightmare trying to manufacture in
Australia, import components, and then sell locally and globally, at
this massively forever changing exchange rate. Where is it going next?

For us, as exporters it is simple. The jobs leave the shores, never
to return as they are simply too hi-tech to easily bring back. We
keep putting more on in our Asian plant and retrenching locals.

What have you personally done about that? Ever started your own
business? Or have you always expected to be an employee, leaving
the hard yards of starting thing to others? (Like most Australians...)

If you want jobs here, you have to start businesses that are globally
competitive, there's no sense in whinging that others haven't done it for you.

That's the beef I have with the "Buy Australian" campaign. All very
well and good, but where is our "Sell Australian" campaign? Our
dollar will only climb as high as the value we offer to the world.

What someone like you does is completely irrelevant.

Bullshit.

Fact.

What everyone in Australia does is relevant.

Utterly mindless silly stuff. That aint what drives the currency conversion rate with the USD.

In my personal case, well over a hundred million dollars has come into this country, mostly into the pockets of more
than one thousand employees of the startups whose technology I've created.

Easy to claim. Have fun actually substantiating that claim.

You think that, as a small sample of what most individuals in Australia are capable of, makes no difference?

Nope, that it aint the reason the $A is at an historic high.

'cos if you do, you really are an idiot.

Wota stunning line in rational argument you have there, child.

Our currency relativity is entirely determined by the mining
boom and what the stupid yanks do about their deficits etc.

 

[Clifford Heath]

On 04/22/11 03:11, Rod Speed wrote:

In my personal case, well over a hundred million dollars has come into this country, mostly into the pockets of more
than one thousand employees of the startups whose technology I've created.
Easy to claim. Have fun actually substantiating that claim.

I have a list of names, phone numbers, and stack of financial reports
here that says otherwise. Bet you wouldn't actually check though.
I invented the technology of Australia's first .com.au domain holder,
while I was working at HP. When HP ditched it in 1990, we bought it and
the resulting company was profitable every year for the following ten.
That tech was used by Tandem to build the NASDAQ trading system, for
example. But it's not about me. It's about what all ordinary Aussies
can do, if they get out of their servile ruts.

You think that, as a small sample of what most individuals in Australia are capable of, makes no difference?
Nope, that it aint the reason the $A is at an historic high.

It's not the main reason - the main reason is that the US$ has slumped,
and will continue to, until they start producing value equivalent to
what they consume. But it is still *a* reason. We also must produce
more than we consume/waste if we are to remain well-off. That means
mining, but it means a lot of other things too, and you know it.

 

[Clocky]

"Clifford Heath" <no@spam.please.net> wrote in message
news:4db0b6a4$0$22474$afc38c87@news.optusnet.com.au...

On 04/22/11 03:11, Rod Speed wrote:
In my personal case, well over a hundred million dollars has come into
this country, mostly into the pockets of more
than one thousand employees of the startups whose technology I've
created.
Easy to claim. Have fun actually substantiating that claim.

I have a list of names, phone numbers, and stack of financial reports
here that says otherwise. Bet you wouldn't actually check though.
I invented the technology of Australia's first .com.au domain holder,
while I was working at HP. When HP ditched it in 1990, we bought it and
the resulting company was profitable every year for the following ten.
That tech was used by Tandem to build the NASDAQ trading system, for
example. But it's not about me. It's about what all ordinary Aussies
can do, if they get out of their servile ruts.

You think that, as a small sample of what most individuals in Australia
are capable of, makes no difference?
Nope, that it aint the reason the $A is at an historic high.

It's not the main reason - the main reason is that the US$ has slumped,
and will continue to, until they start producing value equivalent to
what they consume. But it is still *a* reason. We also must produce
more than we consume/waste if we are to remain well-off. That means
mining, but it means a lot of other things too, and you know it.

If mining collapses we're fucked so to that end everything we produce and
sell overseas, and the people that create opportunity to do so is important.

 

[Clocky]

"atec77" <atec77@hotmail.com> wrote in message
news:iop7f3$lh3$1@dont-email.me...

On 21/04/2011 8:42 PM, Polly the Parrott wrote:
On Thu, 21 Apr 2011 20:30:36 +1000, atec77<atec77@hotmail.com> wrote:

Nope, its still where the full commercialisation of almost all
technology happens first.


wrong again woddels , the us had been a 2nd class technologist for a
decade

Which country is first class?
Guess it aint the states now is it

That isn't an answer, fool.