Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

What does it mean for a normal citizen like me when my country's dollar value goes down?
This may make Australian exports cheaper, which can be a good thing. However it is at the expense of making imports more expensive. Look to Japan, which is devaluing their currency, and is a large importer of energy:  I wont say its bad or unnecessary to hold money in other currencies. However, keep in mind that all AUD-denominated assets will, or at least should, rise as the currency falls. If just AUD/USD falls this may not apply, but if AUD is weakened all around it should hold true. Again, look to Japan, where the Nikkei is closely correlated with the strength of the yen:  Another possibility is to buy gold which should rise in AUD terms but other forces are at work with gold price so some would not agree with this.