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URL:  http://boards.fool.com/the-present-exchange-rate-is-50-cents-us-to-the-12310737.aspx

Subject:  Re: Where to live? Date:  3/30/2000  6:05 PM
Author:  BigLon Number:  3316 of 19222

The present exchange rate is 50 cents US to the New Zealand dollar. In the 9 years that I have been going to NZ it has never been higher than 64 cents US to the NZ dollar.
Gasoline is more expensive than in the US at $2.00 per gallon, but just about everything else is less. You can rent a furnished three bedroom two bath townhouse or home for $500 to $600 per month in an excellent location. This is in the South Island. North Island is higher. Other examples: Pork-----$1.10 lb---eggs---$.75 per dozen-----bannanas----$.75 dozen----whole frozen chicken---$2.00-------bread-----$.75 loaf----
current movie-----$4.00----- I have converted all the foregoing to US dollars and converted litres and kilos where appropriate.
Current movie costs $4.00-----The medical care is excellent and quite affordable even if one had to pay out of their own pocket. There is a 12.5 % GST on EVERYHING and all goods and services include the GST.
There is NO TIPPING in NZ and a full course meal including wine at a top eatery would be about $30 for two. I avoid NZ income taxes by staying only six months, November to May (spring through summer). The following web site is quite good for those interested in learning more about NZ.http://www.vnz.co.nz/

BigLon in NZ


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