my dad gave me 1k US$ and I want to exchange to AUD$ but it's declining day by day and I am waiting for it to go up. Do you think it will ever go up or am I just dreaming and making loss by not exchanging it in time? It's so hard to predict this financial stuffs :-(
Yes, of course it will go up but the real question is how long will it take before it actually does go up. Like you said, its hard to predict, so it could take a year or 2 or 10 years before the dollar begins to rise in value again.