Exchange Rate
#1
Forum Regular
Thread Starter
Joined: Feb 2006
Posts: 31
Exchange Rate
We need to tranfer some money for our move in the next 10 days...not sure what to do as the rate is so so bad. Does anyone have any words of advice? Hifx are offering 2.31!!
#3
Re: Exchange Rate
TRansfer into my high interest acct, and i swear on the tooth fairys thumb, I will whack it in a mature savers hi yield acct for you ASAP ..
Steve
Steve
#4
Aussie lost in the UK
Joined: Jun 2007
Location: Terrigal, NSW Central Coast
Posts: 682
Re: Exchange Rate
I wish I had done it in 2001 - when you could get nearly 3 dollars to the £!!
#5
BE Enthusiast
Joined: Feb 2007
Location: WA but not forever!!!
Posts: 943
Re: Exchange Rate
Wish we had transferred our money when we first arrived in March. Urrrrhhh. Need the money in our account in the next 6 weeks to complete on our house. I am hoping it will move a little bit.
#6
Forum Regular
Thread Starter
Joined: Feb 2006
Posts: 31
Re: Exchange Rate
we started watching it in March & it's done nothing but fall since then. I remember reading on here about someone changing at 2.38 & thought that was low......I'd love for it to be 2.38.....I bet it climbs the day after I decide to do it ;(((
#7
BE Enthusiast
Joined: Jun 2007
Posts: 423
Re: Exchange Rate
Thank you rlucky stars you have money to exchange.
One word of advise "Be Careful"
The move can easily start to eat into your hard earned cash if you aint careful, everybody wants a piece, you will be like fresh meat over there, all niave, new and pale white.
The estate agents and general sales staff will spot you from a mile away......
As for the first few months you are gonna be spending, spend spend.
One word of advise "Be Careful"
The move can easily start to eat into your hard earned cash if you aint careful, everybody wants a piece, you will be like fresh meat over there, all niave, new and pale white.
The estate agents and general sales staff will spot you from a mile away......
As for the first few months you are gonna be spending, spend spend.
#8
Re: Exchange Rate
General perception from some economic news yesterday is that Aus interest rates will go up AGAIN next meeting of the RBA. Hence this makes the Aus dollar more attractive and its likely to keep strengthing. Of course UK interest rates could go up again too, but I wouldnt be surprised to see the rate move into the $2.20s soon.
If you're going to wait for $2.50+ i think you could have a very long wait.
If you're going to wait for $2.50+ i think you could have a very long wait.
#9
Re: Exchange Rate
I could be wrong but if you look at the full 12 month charts then the dollar seems to fall off in around October and Feb so if you can wait it might just go up.
#10
Re: Exchange Rate
Change of government in October could have the potential to knock the AUD down a bit though I would imagine.
#11
Re: Exchange Rate
Hi
We exhanged money in jan 2005 at 2.54 hoorah! didnt do it all though as i didnt have the deposit and in dec 2005 it fell to 2.32 so it seems to go up and down. You dont know how sick i felt about that!
Irene
We exhanged money in jan 2005 at 2.54 hoorah! didnt do it all though as i didnt have the deposit and in dec 2005 it fell to 2.32 so it seems to go up and down. You dont know how sick i felt about that!
Irene
#12
South Yarra Sheila
Joined: Apr 2007
Posts: 1,078
Re: Exchange Rate
Hasn't anyone read 'The Secret'? The power of positive thinking-if we all collectively visualise $3 to the £ it should happen!! Worth a try!
#13
BE Enthusiast
Joined: Feb 2007
Location: WA but not forever!!!
Posts: 943
Re: Exchange Rate
Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.
:0)
#14
South Yarra Sheila
Joined: Apr 2007
Posts: 1,078
Re: Exchange Rate
Its going up its going up its going up. Repeat after me and believe
Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.
:0)
Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.Its going up its going up its going up.
:0)