2.36 !!

Old Jul 26th 2007, 10:37 pm
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Default 2.36 !!

Rate has gone from 2.31 to 2.36 overnight !
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Old Jul 26th 2007, 10:43 pm
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Default Re: 2.36 !!

Originally Posted by haggis supper
Rate has gone from 2.31 to 2.36 overnight !
Yeah, don't we know it! We exchanged a lot of money at 2.31 after being advised that the AUS$ was on a down trend!

.
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Old Jul 27th 2007, 12:18 am
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Default Re: 2.36 !!

Originally Posted by The_Effys
Yeah, don't we know it! We exchanged a lot of money at 2.31 after being advised that the AUS$ was on a down trend!

.
Blimley. We need to get our money across. Now I am going to wonder if to do it or not. What's everyone else doing???
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Old Jul 27th 2007, 12:34 am
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Default Re: 2.36 !!

Back down to 2.33 now
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Old Jul 27th 2007, 1:43 am
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Default Re: 2.36 !!

Originally Posted by datamile
Back down to 2.33 now
The X rate appears to be very low at the moment. Anyone know the reason why?
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Old Jul 27th 2007, 1:44 am
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Default Re: 2.36 !!

Originally Posted by sj oldfield
The X rate appears to be very low at the moment. Anyone know the reason why?
Last year we changed our's at 2.51%...it seems really low now.
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Old Jul 27th 2007, 2:37 am
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Default Re: 2.36 !!

Originally Posted by Nu-Shooz
Last year we changed our's at 2.51%...it seems really low now.

Have you got your exchange rates round the wrong way?
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Old Jul 27th 2007, 3:58 am
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Default Re: 2.36 !!

It hasn't half gone down in 6 months

We got 2.49 when we transferred ours.
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Old Jul 27th 2007, 7:25 am
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Default Re: 2.36 !!

Just looked and now at 2.37 for the cash we have thats a whopping $15 difference compared to the other day when it was 2.32.

Wouldn't it be nice if it was back on the up for a while. We xchange on our house next week with a completion date of 7th Sept and £200,000 to do something with - high interest here, transfere to $ now, if only my crystal ball were working.

Hoping to be in Oz early Dec so guess I will just have to sit tight and watch the markets - anyone out there with insider info they want to share???
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Old Jul 27th 2007, 8:08 am
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Default Re: 2.36 !!

Originally Posted by sj oldfield
The X rate appears to be very low at the moment. Anyone know the reason why?
It's probably related to the big losses being played out on the Asian stock market. That's my best guess.
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Old Jul 27th 2007, 8:24 am
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Default Re: 2.36 !!

Originally Posted by johnpod
Hoping to be in Oz early Dec so guess I will just have to sit tight and watch the markets - anyone out there with insider info they want to share???
The latest market info/forecast from HSBC is as follows:

2007:
Q1 2.43
Q2 2.36
Q3 2.48 (forecast)
Q4 2.43 (forecast)

2008:
Q1 2.40 (forecast)
Q2 2.40 (forecast)
Q3 2.35 (forecast)
Q4 2.35 (forecast)

Not exactly insider information and, of course, it won't be absolutely accurate but it's a useful guide. It doesn't look like we'll be going back to the days of 2.9 that I remember from a few years ago anytime soon!

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Old Jul 28th 2007, 9:35 pm
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Default Re: 2.36 !!

Originally Posted by sj oldfield
The X rate appears to be very low at the moment. Anyone know the reason why?
Probably a demand/supply thing, there are so many Brits moving to Australia that now the AUD is worth more
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