AUD 3rd Most Expensive Currency in the World!

IMF revealed that he Aussie dollar is the 3rd most expensive in the world after Switzerland and Norway. Australia relative price have soared over the last 10 years. A decade ago, goods or services that were produce in the US that cost 100 USD only cost USD 73 to produce in Australia. Today it's costing as much as 161 USD in Australia to produce something that is similar in the US that cost 100 USD.