Australian Dollar - exchange rate?!
Oct 10th 2008, 12:29 pm
#271
BE Enthusiast
Joined: Sep 2008
Location: Oz
Posts: 408
Re: Australian Dollar - exchange rate?!
I am signed on with Moneycorp,HiFX and ukForex. I've used Moneycorp for 2 trades and it went ok the only bum*mer is the other day when it all went ballistic their phones went down apparently a "BT fault" not very helpful couldn't get the top price esp when you could have converted back the day after !
David
Oct 10th 2008, 12:31 pm
#272
Forum Regular
Joined: Jan 2007
Location: hull, yorkshire
Posts: 72
Re: Australian Dollar - exchange rate?!
decided to go with money corp - seems ok to me
Oct 10th 2008, 1:00 pm
#273
DownUnder
Joined: May 2003
Location: Thorneside, Brissy
Posts: 1,709
Re: Australian Dollar - exchange rate?!
Rate going through 2.6 again
Oct 10th 2008, 1:06 pm
#275
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Oct 10th 2008, 1:13 pm
#276
Forum Regular
Joined: Jan 2007
Location: hull, yorkshire
Posts: 72
Re: Australian Dollar - exchange rate?!
thanks that really handy
Oct 10th 2008, 1:15 pm
#277
DownUnder
Joined: May 2003
Location: Thorneside, Brissy
Posts: 1,709
Re: Australian Dollar - exchange rate?!
Graph trends on http://free.charts.xe.com/Misc/promoChart.asp , its about 5 secs slower than hifx
Oct 10th 2008, 2:16 pm
#278
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Oct 10th 2008, 6:56 pm
#280
Forum Regular
Joined: Jun 2007
Location: Glasgow, Scotland
Posts: 216
Re: Australian Dollar - exchange rate?!
Hi does anyone know what i would pay back per month on a credit card with 0% interest on purchases if I was to buy a forward contract from HIFX for £6000? not going till jan but at this rate dont want to chance it going down again! Thanks in advance,
Sharon
Sharon
Oct 10th 2008, 7:01 pm
#281
Top Dog
Joined: Apr 2006
Location: Uk - hopefully to VIC
Posts: 374
Re: Australian Dollar - exchange rate?!
No idea but I think that if you're planning to by currency on your credit card that this will count as a cash withdrawl rather than a purchase...i.e. you will pay big interest from day one....and no intrerest free period...but thats only a guess...
Oct 10th 2008, 7:02 pm
#282
Timelord
Joined: May 2006
Location: Lost in space...
Posts: 2,834
Re: Australian Dollar - exchange rate?!
Just look to see what the minimum monthly payment is... 5% = 300, 2.5% = 150, etc...
Oct 10th 2008, 7:08 pm
#283
BE Enthusiast
Joined: Jan 2007
Location: Perth, WA
Posts: 365
Re: Australian Dollar - exchange rate?!
i agree, cash purchase is not the same as a goods purchase and you WILL pay interest.
Oct 10th 2008, 10:29 pm
#284
Forum Regular
Joined: Jan 2008
Location: adelaide
Posts: 39
Re: Australian Dollar - exchange rate?!
Was wondering that myself, bit scared there are no guarantees over here too, maybe it would be safer in uk for while longer. Looks as if rate will stay up there now.
Oct 10th 2008, 10:34 pm
#285
An Australian Citizen !!
Joined: Aug 2004
Location: Terrigal - NSW Central Coast since June 2005
Posts: 1,237
Re: Australian Dollar - exchange rate?!
You are correct - one of them deals with "larger" deals and the other with "smaller" ones but I'm not sure which way round or what the margins are.
For what its worth - as I type this, the rate showing on xe.com is $2.647 at 0930 Saturday (Sydney time).
Jim
For what its worth - as I type this, the rate showing on xe.com is $2.647 at 0930 Saturday (Sydney time).
Jim
Last edited by Jimclevs; Oct 10th 2008 at 10:37 pm.