Exchange rate getting better
Jul 23rd 2002, 6:32 am
#1
Forum Regular
Thread Starter
Joined: Sep 2001
Posts: 116
Exchange rate getting better
Just looked at the exchange rate for the £ against the AU$ and its 2.89.
At last , is our luck changing????
It will probably drastically fall now I've posted this thread!
Britbird
At last , is our luck changing????
It will probably drastically fall now I've posted this thread!
Britbird
Jul 23rd 2002, 6:46 am
#2
Forum Regular
Joined: Apr 2002
Posts: 50
Re: Exchange rate getting better
I hope it is changeing weve nearly sold our house and are going out there in Oct lets hope it reaches 3.5
Jul 23rd 2002, 8:21 am
#3
Forum Regular
Joined: Apr 2002
Location: Living in Sydney and having a ball
Posts: 206
Re: Exchange rate getting better
Im gutted as I changed all my money last month in a panic and got 2.61 what a nightmare. Never mind its the way the cookie crumbles. We have a bit of savings still to change so still wanting it to go up though.
Its a bit of a lottery hey.
Its a bit of a lottery hey.
Jul 23rd 2002, 8:32 am
#4
BE Enthusiast
Joined: Jun 2002
Location: Flagstaff Hill Adelaide ex Manchester
Posts: 305
Re: Exchange rate getting better
Hi Jasmin, were in the same boat some proffesional advised us to get it changed so we did mid June, most of it now in Oz dollars at 2.62 and at the current rate we would have had at least another $20,000, i`m beating myself up over this now ah double Bollocks( PROFFESIONALS) see if we can lose some more on the house while wer`e at it.
All sympathy accepted
All sympathy accepted
Jul 23rd 2002, 8:49 am
#5
Banned
Joined: Mar 2002
Posts: 756
Re: Exchange rate getting better
Don't beat yourselves up too much, you'll never (well, unlikely) get the best ever rate, all you can hope is that it's OK. 2.62 ain't so awful compared to the lows over the last 5 years.
Jul 23rd 2002, 8:57 am
#6
Retired *********
Joined: Jan 2002
Location: The Dandenongs
Posts: 349
Re: Exchange rate getting better
Unfortunately, we no longer own a house in the UK, all our investments are in shares. And they're currently running at a 5 year low, meaning that the good exchange rate doesn't help that much. D'oh !
Jul 23rd 2002, 1:07 pm
#7
Squeaking Member
Joined: Apr 2002
Location: Bedfordale, Perth.
Posts: 290
Re: Exchange rate getting better
Sydney morning herald has this to say
http://www.smh.com.au/articles/2002/...332359989.html
Basically, as the US downturn deepens, the AUD will weaken further. And I thought my 2.7105 was a good rate a few weeks ago....Maybe we'll see 3.00 to the pound by the end of next weeK?
http://www.smh.com.au/articles/2002/...332359989.html
Basically, as the US downturn deepens, the AUD will weaken further. And I thought my 2.7105 was a good rate a few weeks ago....Maybe we'll see 3.00 to the pound by the end of next weeK?
