Looking the 5 Yr chart, the highest and lowest value is 1.3337 (Oct 29 2007) & 0.9345 (Oct 20 2008) respectively. The red line indicates the 100 day moving average.
10yr AUD vs SGD
We shall now take a look at the 10 yr Chart of the AUD vs SGD. The highest point still remains unchanged at 1.3337 (Oct 29 2007). However the lowest point is now 0.847(Sept 17 2001).It should now be evident to the reader that the lows of the Australian dollar is reached during an economic downturn. The last two major ones being the bursting of the DOT.COM bubble, terrorist attacks of Sept 11 2001 & subprime mortgage crisis leading to the chaper 11 filing of bankruptcy of lehman brothers.
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