In Reply to: $ posted by KiwiSteve on Tuesday, 25. August 2009 at 06:10 Bali Time:
I got a quote at the post office the other day and this is what came out of it. You are right there is no commision at the post office but you only get the exchange rate that day, from the the exchange centre.
Exchange Aus $ 1500 for US and it came out to US $ 1210.00 a loss of AU 290.00. So when you work it out it came out like this.
Aus 1500 = 12,432,984 IRP (Approx)
US 1210 = 12,124,249 IRP (Approx)
It looks like it is better to take AUS $ as I get a saving of 308,735 IRP and the wife is happy.