In Reply to: KIWIS! Change NZ$ to US$ or rupiahs?? posted by majik on Wednesday, 31. August 2005 at 07:26 Bali Time:
Profit, especially the Banks, and 'multinational' Money Changers, so work on the principle that the more time you change your currency, the more it will cost you.
As for 'hedging', the "banking beach" is littered with the bleached bones of people who treid to second guess the exchange rate fluctuations, old Chinese accountants saying 'never spend 50 Yuan, chasing 5!'