Australian vs. Canadian Dollar (Part 8: “10 Things You Need to Know Before Moving to Melbourne”)
The Australian Dollar vs. The Canadian Dollar
The market keeps fluctuating with the Australian dollar recently decreasing significantly below the Canadian dollar. Previously the two were quite even. Canada has always had a bit of an upper edge on the Australian dollar, but for 2006-2008, this has been less than a 10 cent difference on average.
If you are money conscious, you are going to to be constantly doing conversions when you move overseas. You’ll find that typically the Canadian dollar does just a bit better than the Australian dollar. But with the global economic crisis, you’ll know all economic theory is useless.
Doing Constant Conversions:
The point is (for the purpose of being a teacher and moving overseas) you need to not do conversions all the time. If you don’t have a job yet, (more…)
Tags: converting australian money to canadian, melbourne economy, teacher salary
