One Australian dollar was S$1.118 on 26 September 2014. It was S$1.139 on 19 September, a week ago. This was a decline of 1.8% against Singapore dollar. My investment in Australian dollar lost value as a result.
Australian dollar was not able to rise since two years ago. See graph below.
Australian dollar was at its highest at S$1.305 on 11 April 2013. Between then and now, Australian dollar lost 14.3%. See table below.
|28 Sep 2012||1.280||NA|
|11 Apr 2013||1.305||+1.9|
|27 Jan 2014||1.112||-14.7|
|8 Sep 2014||1.174||+5.5|
|19 Sep 2014||1.139||-2.9|
|26 Sep 2014||1.118||-1.8|
On 20 May 2013, I took delivery of A$ at exchange rate of S$1.275. The most recent rate was S$1.118. That was a decline of 12.3%. This was my worst investment out of my portfolio of other investments. You lose some you gain some.
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