01-29-2011, 03:59 AM
Since I've been here I've seen the Aussie $ get to around parity with the yen AUD$1: 100 Yen and just after the GFC I've seen it drop to AUD$1: 56 Yen. That's just in the last few years. The exchange rate can make a huge difference on where people decide to travel. The winter where the Aussie $ was low saw a huge drop in Aussie tourists to the ski resort I work at and they make up a large proportion of the total tourists we get each winter.
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