Gracie’s Life Experiment

Well, after a whole week of watching and waiting for the exchange rate between GBP and AUD to spike (which it actually didn’t really, it just fluctuated) we finally bit the bullet and changed our UK money over. We’re using a company called UK Forex (also Oz Forex), which seems to have good rates (approx 0.01c less than interbank lending and has no fees/commission on sums greater than £10k). Last weekend it stopped at 2.29AUD to 1GBP and it went down all week (with a couple of spikes when the AU rescue package wasn’t a shoe in and GBP interest rate cut was announced). Nothing major to report unlike October 2008 when it hit 2.7! Managed to get 2.229 in the end. Shortly afterwards it fell below 2.2 so we got in there just in time. It was very scary sending all our money off into the ether. I had to send it in £10k batches through Nationwide online banking. Hopefully it will appear in our Oz bank by the end of next week (given that UK Forex probably won’t receive it until say Wednesday). So it’s going to be a nervous week next week wondering where our money has gone.

Now I can go back to my real life where I’m not sat there watching graphs!!! How sad am I?