Falling NZ Dollar
Aug 27th 2003, 8:08 pm
#31
Here in Dunedin
Joined: May 2003
Location: Dunedin
Posts: 1,975
Originally posted by TIZUS
Ok In danger of sounding dumb but.... Can anyone explain the benifts in using a foriegn exchange company obviously you should get a better exchange rate, but what are the risks involved? How do they make their money? Has anyone any first hand experience of using a company? I have been looking at Halewoods?
Please excuse my ignorance never had to deal with anything much more than a few pounds pocket money before!!
Tori
Ok In danger of sounding dumb but.... Can anyone explain the benifts in using a foriegn exchange company obviously you should get a better exchange rate, but what are the risks involved? How do they make their money? Has anyone any first hand experience of using a company? I have been looking at Halewoods?
Please excuse my ignorance never had to deal with anything much more than a few pounds pocket money before!!
Tori
Depends whether you think a Bank is more safe than a private company really - complaining through the Banking Ombudsman is also not the easiest thing in the world.
Southerner
Aug 27th 2003, 8:48 pm
#32
Forum Regular
Joined: Jul 2003
Location: London
Posts: 61
Originally posted by TIZUS
just checked exchange rates again ....
now 2.77 or .36 depending which way you look at it!
Could we reach the dizzy heights of 3:1 again????
heres hoping
Tori
just checked exchange rates again ....
now 2.77 or .36 depending which way you look at it!
Could we reach the dizzy heights of 3:1 again????
heres hoping
Tori
Aug 27th 2003, 8:59 pm
#33
Here in Dunedin
Joined: May 2003
Location: Dunedin
Posts: 1,975
Originally posted by Sarah2004
It was a great day 3 years ago when I paid off my student loan in NZ at a rate of NZ3.66 - £1!
It was a great day 3 years ago when I paid off my student loan in NZ at a rate of NZ3.66 - £1!
Sarah
No need to feel so smug! Bet you wish you'd bought some more London property instead now don't you?
Aug 27th 2003, 9:42 pm
#34
Forum Regular
Joined: Jul 2003
Location: London
Posts: 61
Originally posted by southerner
Sarah
No need to feel so smug! Bet you wish you'd bought some more London property instead now don't you?
Sarah
No need to feel so smug! Bet you wish you'd bought some more London property instead now don't you?
I know it is all very depressing at the moment! I remember sending down £5000 and getting over $18000, it was like magic! Also wish I had bought some Auckland property after looking at the latest market figures down there. Its just not fair at the moment, house prices up and dollar down
