Wednesday, August 5, 2009

Better to convert my Aus dollars into USD now or wait?

I have pre-loaded 2,000 USD onto a travelex card I can withdraw from any Visa Atm. I have about 2,000 AUS left which I can either put on the travlex card now or keep in my bank account %26amp; withdraw while I am over there. Is it better to take the current exchange rate or do you think the exchange rate will go up? I am leaning towards putting another thousand on the travelex card %26amp; keeping a thousand in the bank to have 2 money sources in case I lose one, so the main question is to do it now or wait until late Nov when I leave.



Better to convert my Aus dollars into USD now or wait?heart rate monitor





this is the question that fortunes are made or lost on. I never get it right!! Personally with the loans stuff happening at the moment I would be cautious about going over to US dollars too quickly but in recent times the exchange rates have yoyoed.



I don%26#039;t know about you but I have found the travelex card an expensive option for any large about off and I lost much in the conversions rate when i used it previously- a rip off really but that is how they make their profit.



Personally I prefer to use the ATM and use the travelex card as an emergency back up only- but that is just me

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