chr1sarter

To all. This thread continues from yesterday's one. Should start a new thread each day to advise everyone what the rate is doing. Please all keep an eye on the rate today and post what you see.

Todays Rate 2.4801

Chris

Dreamaway 10

Thanks Chris hope it stays this way as we have bond request soon.

chr1sarter

Good luck with placing the bond soon. Just hit 2.4832

gajjitt

hi chris,

i try to update my graph to show Commonwealth Banks rate for transferring money to Aus. When i get their 9am update i'll post it again.

Cheers

Paul

gajjitt

The official rate is 2.48, however you'll usually get less when transferring to your bank in Australia. Commonwealth Bank's is currently $2.4685.

I've attached a graph of the figures I've been recording since March. I'll update this on here each time the rate in going up.

Cheers

Paul

anya4oz

This site is useful for the spot Forex rates:

http://focus.comdirect.co.uk/en/quic...isenkurse.html

The graphs allow you to track the sterling:AUD trends for periods from 1 day to 5 years. Interesting stuff.....

Anya.

Phil-UK

Just hit $2.4907

chr1sarter

2.4986 and rising. Dont know why, but dont care.

TOB

Hi all,

Are the rates that you are quoting what you would actually get if you changed up your £ in the UK?

I have been looking at Currencies Direct (2.4983) and HIFX (2.4896), does anyone have any advise for who to change proceeds from house sale with?

Thanks

matt-and-jenny

We transferred our money into our Commonwealth Bank Account today on the basis of this thread.
Thanks Mate!
Karma coming your way.

JJL family

Hi paul, we trasfered £30,000 of our funds to the commonwealth bank yesterday, we are just waiting for the rate to get a little higher then we will instruct them to change it in to $......we were led to believe that we would get the same rate as the brookers and that we would not be charged for them transfering it in to the oz bank account, so long as it was over £30,000

will be very annoyed if they offer a lower rate, and will most definatly


take the money back out of the account. we have about £125,000 to change and want the best rate possible.



lesley

lesley

chr1sarter

No worries mate. Hope you get a good rate. Just waiting to transfer our money

TOB

Did you use a currency broker to change your money up or did you just do a transfer from your bank to the Commonwealth bank?

TOB

JJL family

Just transfered the funds out of our bank account to the commonwealth bank. (electronic transfer i think cost us £18)

its not been changed to dollars yet, like i said just waiting till it gets a little higher.

lesley

TOB

I am not really sure how all this changing money lark works but I thought that you got a better rate if you transferred your money to a currency broker such as Currencies Direct or HIFX who then give you a more competitive rate. They then transfer the funds direct to your Oz bank account. I was under the impression that the brokers give a better rate of exchange than the high street banks.

Does anyone have anymore adice on this please?