I'm an American university student who is interested in studying abroad a year from now (early 2008) in either London, England or Sydney, Australia. I know it is constantly changing, but I am wondering about the exchange rate between the US and those two countries. I know that the US$ to £ is not favorable for Americans at the moment (both because it cuts the literal amount essentially in half and because things tend to be more expensive in the UK), but I'm not as familiar with US$ to Australian$ exchange. Yahoo! Currency Converter says that US$1 is (at the moment) Australian$1.23, but I have no sense of whether or not things are more expensive in Australia, which would sort of cancel out the higher literal number of Australian$. I'm not sure if that makes any sense, but basically I am wondering if I would have more money/purchasing power exchanging US$ into £ or Australian $. Does anyone know? Thanks!
2007-03-26
13:33:55
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7 answers
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asked by
Laura
2
in
Other - Destinations