Oh Thank You Boris
Feb 22nd 2016, 5:46 pm
#1
Was in Canada, now home.
Thread Starter
Joined: Aug 2011
Location: Devon
Posts: 3,388
Oh Thank You Boris
Exchange Rates Graph (Canadian Dollar, British Pound) - X-Rates
The best exchange rate for 9 months.
The best exchange rate for 9 months.
Feb 22nd 2016, 10:25 pm
#2
Concierge
Joined: Jan 2013
Location: Western Australia
Posts: 21,139
Re: Oh Thank You Boris
Exchange Rates Graph (Canadian Dollar, British Pound) - X-Rates
The best exchange rate for 9 months.
The best exchange rate for 9 months.
I wanted to move some money over from Oz today, but Scouse the Dreamer reckons the rate will get better and better. I might just do the transfer and not tell him.
Feb 23rd 2016, 8:40 am
#3
Born again atheist
Joined: Jul 2005
Location: Europe (to be specified).
Posts: 30,259
Re: Oh Thank You Boris
Exchange Rates Graph (Canadian Dollar, British Pound) - X-Rates
The best exchange rate for 9 months.
The best exchange rate for 9 months.
Feb 23rd 2016, 9:27 am
#4
BE Forum Addict
Joined: Jan 2011
Location: A Proud Height, Northumberland UK
Posts: 1,163
Re: Oh Thank You Boris
Feb 23rd 2016, 11:41 am
#5
Concierge
Joined: Jan 2013
Location: Western Australia
Posts: 21,139
Re: Oh Thank You Boris
I've put on my old trader's cap here Spouse - Would it make sense to transfer half of what you'd intended just to lock in a favourable exchange rate on part of the funds? If the pound drops further, it's not like you've committed so much to the less favourable rate and if it rises you can always tell Scouse "I told you so" having already transferred some of your money at the better rate. Just something to consider
Feb 23rd 2016, 12:05 pm
#6
BE Forum Addict
Joined: Jul 2008
Location: My happy place
Posts: 3,043
Re: Oh Thank You Boris
And for those of us contemplating a move to Oz, thanks a lot
. Ping Pong Pom's coming home
Good on him for his decision though.
. Ping Pong Pom's coming homeGood on him for his decision though.
Feb 23rd 2016, 12:46 pm
#7
WhiteRabbit
Joined: Dec 2004
Location: USA
Posts: 1,480
Re: Oh Thank You Boris
The pound has been below parity with the US dollar for some time now. I thought the fall might have stabilized after the election last May, but the sink for GBP has just continued.
The difference is dramatic in real life terms, beyond USC's already living in the UK. Brits moving back home with a foreign spouse will find it easier to meet the rules. When the HO first introduced the savings requirement of £62500, a UK/US couple would have needed around $103,000 to move home. Today they would need around $88,000.
The difference is dramatic in real life terms, beyond USC's already living in the UK. Brits moving back home with a foreign spouse will find it easier to meet the rules. When the HO first introduced the savings requirement of £62500, a UK/US couple would have needed around $103,000 to move home. Today they would need around $88,000.
Feb 23rd 2016, 1:31 pm
#9
WhiteRabbit
Joined: Dec 2004
Location: USA
Posts: 1,480
Re: Oh Thank You Boris
Interactive currency-comparison tool: The Big Mac index | The Economist
Simplistic, I know. But still telling.
Simplistic, I know. But still telling.
Feb 23rd 2016, 1:36 pm
#10
Dichotomus tinker
Joined: Aug 2013
Location: Ontario, Canada
Posts: 6,678
Re: Oh Thank You Boris
for a brief moment back in 1985 GBP:USD was in the 1.04 range
Between the 12 February to 18 March 1985 it was trading below 1.10
and in 1985, the GBP:CDN also traded in the 1.04 range
Wouldn't that be nice to see again
.
Last edited by not2old; Feb 23rd 2016 at 1:41 pm. Reason: added a link
Feb 23rd 2016, 1:45 pm
#11
Hostage Negotiator
Joined: Jun 2013
Posts: 5,173
Re: Oh Thank You Boris
Interactive currency-comparison tool: The Big Mac index | The Economist
Simplistic, I know. But still telling.
Simplistic, I know. But still telling.
Feb 23rd 2016, 1:46 pm
#12
Hostage Negotiator
Joined: Jun 2013
Posts: 5,173
Re: Oh Thank You Boris
Historical exchange rates from 1953 with graph and charts
for a brief moment back in 1985 GBP:USD was in the 1.04 range
Between the 12 February to 18 March 1985 it was trading below 1.10
and in 1985, the GBP:CDN also traded in the 1.04 range
Wouldn't that be nice to see again
.
for a brief moment back in 1985 GBP:USD was in the 1.04 range
Between the 12 February to 18 March 1985 it was trading below 1.10
and in 1985, the GBP:CDN also traded in the 1.04 range
Wouldn't that be nice to see again
.
Feb 23rd 2016, 1:50 pm
#13
Dichotomus tinker
Joined: Aug 2013
Location: Ontario, Canada
Posts: 6,678
Re: Oh Thank You Boris
I am & always will be in the currency of the country that I live in, which at present is Canada (in Canadian dollars).
What about you, which currency or assets is (the majority of) your wealth in?
.
What about you, which currency or assets is (the majority of) your wealth in?
.
Last edited by not2old; Feb 23rd 2016 at 1:56 pm.
Feb 23rd 2016, 2:27 pm
#14
Was in Canada, now home.
Thread Starter
Joined: Aug 2011
Location: Devon
Posts: 3,388
Re: Oh Thank You Boris
My personal income is all UK, but my OH has two Canadian pensions, three UK pensions and, just to complicate things further, some of his royalty income is paid in USD.
