Sure enough, today the Aussie dollar finished the working week back above parity at US$1.004.
Interesting to remember all the silliness of 3 and 4 November 2010 when the financial talking heads were making dopey remarks about us holding "parity parties" as the dollar appreciated above US$1.00.
More sensibly, partying has barely rated a mention this time.
From a purely selfish point of view the strong dollar has been marvellous - having travelled to 25 countries in the last 18 months, I can confirm that it has never been better to be a travelling Aussie!
As so often in life, though, there is a trade-off.
Exporters have had very rough couple of years (cf. the long, slow demise of BlueScope Steel, and the domestic tourism industry must surely have suffered - at least, judging from the relatively small gathering of Barmy Army at the Ashes last time around).
Despite what we like to believe, Australia is fairly heavily reliant on foreign investment, particularly from Asia.
The share market is still lacklustre with the XJO (ASX 200) threatening to dip back below 4,000. And property is gradually sliding downwards in most areas too.
A strong dollar discourages foreign investment - foreign investors receive less value and introduce foreign exchange risk to their investments.
Have only been living in Sydney CBD for 72 hours or so, and have already nailed two celebrity spots.
Kochie with umbrella (Elizabeth St.) on Wednesday, on his way to Channel 7.
And today, the ginger chap with the odd name 'Chit Chat' from TV music channel MAX (Cnr Elizabeth/Market). Does he count as a celebrity - it's hard to say these days?