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I use ozfoex.com.au. Today it shows the exchange rate as 1.9837...

  1. 19,172 Posts.
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    I use ozfoex.com.au.
    Today it shows the exchange rate as 1.9837 but the trick to getting the 'true' rate is to deduct all the commissions.

    By my calculations the last traded price of 0.7p out of the 14 million already through, converts to an Australian price comfortably over 1.4c.

    Fact of the matter is, we are lagging behind here in Australia, but I'm getting the feeling that could turn in the blink of an eye.

    All the best tomorrow everyone.
 
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