In Reply to: whats happended to the exchange rate posted by davidkerr on Saturday, 6. September 2008 at 09:32 Bali Time:
when the exchange rate was higher our home interest rates were going up and our superannuation was going down but on holiday people were have a jolly time picking up an additional $1.50 per $100 exchanged. All fuelled by the miscalculations in the USA dropping the value of their dollar which sets excahnge rates though they are also affected by other major currencies (of which AuD is not really a big player) on the cross rates.
For the AuD / IDR to go up again there needs to be a shift back to a drop in the value of the USD and this will also mean potential hikes in interest rates again and drop in super value. In the short term this is highly unlikely.