Bit of a grand thread subject!
I recently had to pay an expense on my UK investment using AU$, in Australia. (Unusual, but a one-off)
When I am accounting for this, what exchange rate should I use? Would a day spot rate from say Oanda.com be OK?
Thanks
JB
I recently had to pay an expense on my UK investment using AU$, in Australia. (Unusual, but a one-off)
When I am accounting for this, what exchange rate should I use? Would a day spot rate from say Oanda.com be OK?
Thanks
JB