Falling Australian Dollar

fastnbulbous

OzCardTrader

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• Jun 21, 2013

• #1

I imagine a lot of people buy/trade overseas using the USD as the currency.
With the Australian dollar falling from around (AUD:USD) 1:1.06 in the last few months to low of 1:0.92 has it begun to affect you yet?

I am actually on holiday at the moment, so that has been my main reason for noticing the sharp decline and some shitty conversions rates!

 

drobfan8

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• Jun 21, 2013

• #2

I haven't been buying that much recently but if it goes back to $1.20 for a USD then I may struggle to collect higher end stuff.

It would affect me alot.

May even sell some things and cash in a little.

 

Cobretti

Fleer Collector

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• Jun 21, 2013

• #3

It indeed has affected me 4 cases of fleer retro got raped on those because of the crashed dollar.

 

xavierty

I WANT ALL 03/03 FLEER PLATINUM NAMEPLATE!!!!

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• Jun 21, 2013

• #4

it only affect me after i push the buy button, but good for selling off a ton of card atm

 

Rodman91

Banned User

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• Jun 21, 2013

• #5

Im def not buying as much from the USA

 

T

taffster74

OzCardTrader

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• Jun 21, 2013

• #6

It's starting to affect me. When I made my last dacardworld.com purchase, i checked the conversion rate - US$0.805. Yeowch!

 

Roydngr

OzCardTrader

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• Jun 21, 2013

• #7

Damn, hobby wise this is really going to hurt my NT preorders... Worse, on the business side of things it's slashed my margins!

I'll probably lay off the DA orders for a while unless there's some crazy sale on. Going to the States in Nov... lucky I bought plenty of USD when The conversion rate was ~ $1.08 in our favour

 

postgsl

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• Jun 21, 2013

• #8

Geez, a rate of around 0.90 cents is still good, when it goes back to around 0.60 like it did when the GFC hit, then perhaps then it will be time to complain

 

Cobretti

Fleer Collector

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• Jun 21, 2013

• #9

postgsl said:

Geez, a rate of around 0.90 cents is still good, when it goes back to around 0.60 like it did when the GFC hit, then perhaps then it will be time to complain

Click to expand...

paypal down to .88 cents now

also when you shelling out $6K on cases and at the time of preorder was 1:1 and now at this rate, it adds about $600 to the order lol.

 

Matt26

OZCT Supporter

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• Jun 21, 2013

• #10

Cobretti said:

paypal down to .88 cents now

also when you shelling out $6K on cases and at the time of preorder was 1:1 and now at this rate, it adds about $600 to the order lol.

Click to expand...

That has to hurt big time.

 

KyleP

OzCardTrader

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• Jun 21, 2013

• #11

Don't spend ridiculous amounts of money on pieces of cardboard then. Problem solved.

 

Cobretti

Fleer Collector

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• Jun 21, 2013

• #12

KyleP said:

Don't spend ridiculous amounts of money on pieces of cardboard then. Problem solved.

Click to expand...

cardboard is why we all are here lol.

 

A_Iverson_I

OzCardTrader

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• Jun 22, 2013

• #13

KyleP said:

Don't spend ridiculous amounts of money on pieces of cardboard then. Problem solved.

Click to expand...

It's his money, he can do what he wants with it lol...

 

ozballer23

#1 J.R. Smith Collector

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• Jun 22, 2013

• #14

I've eased up on my spending rates on ebay US, that's about it.

 

ace e

OzCardTrader

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• Jun 22, 2013

• #15

Boring economics observation below (my opinion):

If the US continue to improve (or atleast stop printing money etc) then the AUD will continue to slide as foreign cash in Aust will continue to exit.

As others have said, it may be a good time to sell stuff in USD.

 

M

muzikandme

|--SILHOUETTE'S--|

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• Jun 22, 2013

• #16

It sucks slowly watching card prices go up on eBay when there hasn't even been a bid put on!! Hahaha

 

spurlec

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• Jun 22, 2013

• #17

I wonder if individual prices will go down with aussies not buying as much?? I certainly wont be.