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The AUD against USD dropped close to 50% in a couple of weeks in 2008. It sucked having all of my wealth in AUD at that time. Recently a similar thing happened
by hndamien 9y ago
The AUD against USD dropped close to 50% in a couple of weeks in 2008. It sucked having all of my wealth in AUD at that time. Recently a similar thing happened with BTC, but at least it was after a rapid gain. Diversification is the key.
http://www.xe.com/currencycharts/?from=AUD&to=USD&view=10Y http://www.xe.com/currencycharts/?from=AUD&to=USD&view=10Y