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 · 7 answers · asked by Laura 2 in Travel ➔ Travel (General) ➔ Other - Destinations
The conversion rate is better for Australia.
But lets look at it this way, the money that you spend or don't spend will affect you while you are there and maybe a little while after you get back.
But the experience you have will affect your life in many ways.
Choose the place that will give you the best experience.
Consider the size/location of the school, the relevancy to your degree, the reputation of the university, where you will live in relation to the campus, the public transport, and outside interests. Write a new question to get the low down on each school from the Brits and the Aussies. Good luck.
2007-04-01 03:44:39 · answer #1 · answered by ithinkiatetoomuch 5 · 0⤊ 0⤋
Based on the conversion rate, you would be better off going to Australia at the moment. However, my aunt lives in Australia and just visited with me in Hawaii and she said that everything is cheaper in the US than in Australia so I don't have concrete proof of it myself.
As far as the UK is concerned, the exchange rate is terrible for both GBD and Euro and things are much more expensive there in general.
So my advice? Go to Australia if money is your biggest concern but go to UK if you're interested in a "free" European vacation (as you can get on the train and go just about anywhere from London).
2007-03-26 14:37:00 · answer #2 · answered by soccerref 6 · 0⤊ 0⤋
When we visited the UK from Aust. we found we were paying around 2.5 times more for an item. but why would you want to live in a country over run by millions of people, and paying huge amounts of monies to freeze your socks off, stand up in transport, and eat dodgy food.
Come to Aust, where the climate is kinder, the people are happier and fewer, the exchange rate favours you, and its just the best country in the world,
2007-04-02 16:58:43 · answer #3 · answered by grasshopper 3 · 0⤊ 0⤋
Exchange rate is better for America. If you want to take explained information then I should you need to go through the given resource.
2015-05-05 23:59:37 · answer #4 · answered by catherine 2 · 0⤊ 0⤋
I think we should actually exchange some americans for some british folk. Get rid of some of the obese ppl to lower our rate and get some brits. I love their accents!!!! I'd rather hang out with michael caine than Bam's dad!!!
2007-04-03 01:17:29 · answer #5 · answered by bill f 1 · 0⤊ 0⤋
you may visit this website, its very useful and will give you the whole idea about the exchanging rates for all currencies up-to-date ... its perfect website, i use it in my work... good luck
http://www.xe.com
2007-04-02 23:01:51 · answer #6 · answered by Verona 2 · 0⤊ 0⤋
you have to check conversion rate of the day
2007-03-31 19:03:57 · answer #7 · answered by fatdadslim 6 · 0⤊ 0⤋