Fabulous Fridays: The Tanking Of The Aussie Dollar (Against USD)

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The Australia has become more affordable over the past year for those of us whose income is or is tied to the USD.

Fabulous Fridays AUD To USD

The down under was pricey (or I would say way overpriced) for the first few years of this decade before the currency started to crash due to the bust of the commodity boom.

Of course the country is still not cheap, but at least the hotel rates are down from the $400 to $500 per night to more manageable levels combined with the currency slide.

Conclusion

Currencies go up and then they go down. It always make sense to visit countries/regions when their currencies are depressed (or maybe yours is overvalued). It is good times for those whose pay is linked to the USD, but it obviously won’t last forever.

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