No probs groundzero, happy to offer my view. One final...

No probs groundzero, happy to offer my view.

One final perspective is that while the AUD in USD terms is fairly low compared to the last 3-4 years, the current level is pretty much at the long term average (i.e. the average over the last 3-4 decades). I just went to Hawaii for a couple of weeks in June and even though I got my USD in the 75-77c range before I went (not bad for this year) evryething there felt expensive compared to the last 2 visits there in 2013 & 2014 when the AUD was at/near parity. I figure that it was just good fortune to get a good rate 2-3 years ago compared to the historical average, whereas this year I got the long term average rate. The Longboard lagers tasted just as good, just a bit more expensive.

I think practically speaking if you are concerned about downside risk in the coming months, then the thing to do is exchange some or most soon while rates are in the 75-80c range, at last then you can budget for your holiday. If rates go down well then you're a genius, but if they go up then at least you've been financially prudent (well thats how I would sell it to my wife anyway...).

Cheers, and no matter which way it goes, I hope you enjoy your holiday! Sharks.