Finance, Forex and Investments

Question about foreign exchange rates..Please help?

Today, 1 USD= 46.55 India rupee 1 USD= 1.266 Australian dollar Indian people in USA will have huge money (in India rupee) when they come back to India as 1 USD=46.55 INR. Whereas Australians living in USA will not get that much money when they come back to Australia as 1 USD= 1.266 AUD. What does it signify? Do Australians working in USA will not get much benfit as Indians working in USA. Please correct me if my logic is wrong.

Public Comments

1. how much do Indians, Americans and Australians pay for a pair of rubber boots? do it first in money then do it in hours of labor and see who has the best deal today, subject to change tomorrow.tmm