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EUR to AUS$ conversion - Now or January?

  • 10-11-2011 7:35pm
    #1
    smartblaa
    Registered Users, Registered Users 2 Posts: 234 ✭✭


    Hi folks,
    Quick question, hoping to get some opinions on this.

    I'm travelling to OZ in January for the year.
    I have approx 10k to convert over to AUS$

    Do you think I should change it over now or in January?
    I'm conscious of the euro-zone problems, and wonder if it will drop much?

    Thanks a mill :-)
    Tagged:


Comments

  • #2
    Victor
    Registered Users, Registered Users 2 Posts: 78,580 ✭✭✭✭Victor


    Nobody has anyway of knowing. If they did, they would be trillionaires.

    If you want, set up and Australian dollar denominated bank account now (can this be done?) with €5,000 and bring the rest when you are travelling.


  • #3
    smartblaa
    Registered Users, Registered Users 2 Posts: 234 ✭✭smartblaa


    Victor wrote: »
    Nobody has anyway of knowing. If they did, they would be trillionaires.

    If you want, set up and Australian dollar denominated bank account now (can this be done?) with €5,000 and bring the rest when you are travelling.

    Haha, yeah I know... cheers man.
    Don't think any of us will be trillionaires anytime soon (maybe just debt-wise)

    I'm working on getting on AUS$ bank account set-up now, and should be able to transfer to it in the next days.

    Probably a wise move to split the difference by converting €5k now, and €5k in January, it would cushion any major fluctuation between now and then.
    Thanks for the advise.


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