In Reply to: VOA posted by robb on Wednesday, 9. May 2012 at 10:21 Bali Time:
that when a rate is quoted in papers, TV etc it refers to the rate for bills of exchange through the banking system. NOT ACTUAL NOTE CURRENCIES. Notes & coins rate is ALWAYS lower because of the hassle of actually processing the notes etc back to the country from whence they came. Can you imagine what would happen if you went into Coles here & wanted to pay with $US?