Exchange Rate


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Posted by maxy on Sunday, 20. December 2009 at 06:25 Bali Time:

In Reply to: Half Way Report - 8/12-19/12 - Part 3 posted by JamesJeffery on Saturday, 19. December 2009 at 10:13 Bali Time:

I believe that this is up mid week according to the Stock Market world wide. Rate usually doesn't increase at the start of the week until the US Market has opened late on our Monday or Tuesday AM. Just watching it over the past couple of years this has been my observation. If there is a Monday Public Holiday in the US the rate usually doesn't increase for another day, say Bali Tuesday/Wednesday. Also the main influx of tourists come in between Friday and Sunday each week so this is another reason why the rate is usually lower on the weekend. So it is usually always better to change your money over mid week.

Good to hear you are having a great time, Maxy


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