RATE ON 20/07 ON 20/08 ON 06/09 Δ % NOTES
1 € / US$ 1,5708 1,4701 1,4273 9,14% Exports: our exports towards countries linked to the American currency will have a big advantage.
The importers will be able to buy our machines with a price reduction of 9,14%.
Imports: imports of a Chinese product into Italy or other European countries will cost 10% more.
With a straight comparison on prices only with Chinese products Euro countries competitiveness has improved by 19,14%.
2 € / AU$ 1,6286 1,6874 1,7606 8,11% Exports: since the Australian Dollar has revalued more than Euro this means that our goods  will cost to the Australian importer about 8,11% more.
3 AU$ / US$ 0,9749 0,8712 0,8107 20,25% Imports: at the same time, since in Australia there is a reasonable import of Chinese products
With a straight comparison the Chinese competitiveness has deteriorated by 12%.
4 € / £ 0,7900 0,7946 0,8070 2,15% Exports: our exports to UK will cost about 2,25% more.
5 £ / US$ 2,0000 1,8544 1,7687 13,07% Imports: Chinese imports into Uk will cost 13,07% more. This means that competitiveness of Chinese products has diminished by 11,00% against our products. And this on price only because on quality, warranty, and so on the Chinese products have many drawbacks.
6 € / Rand 11,4000 11,8300 11,4041 0% Exports: the revaluation of US$ and the consequent devaluation of Euro has had no consequence on our prices becauseour goods will cost to the South Africa importer the same.
7 Rand / € 0,1323 0,1306 0,1251 5,76% Imports: in South Africa there is a reasonable import of China-made goods which to the importer will cost 5,76% more. This means that with a straight price comparison between our "made in Italy" products and the Chinese ones the price gap has been reduced by about 6%. This without considering our higher standards, specs, performances, warranty, packaging, etc.
8 € / NZ$ 2,09 2,0827 2,1421 2,50% Exports: The NZ$ has revalued more than Euro which means our goods will cost 2,50% more.
9 NZ$ / US$ 0,7517 0,7106 0,6663 12,82% Imports: at the same time, since in New Zealand there is a reasonable import of Chinese products sold in US currency and since the greenback has revalued, Chinese import cost more by 12,82%.
With a straight comparison the Chinese competitiveness has deteriorated by 10%.