Exchange rate
 

I see we just pootled up over $2.05 to the pound again. Wonder how long this little upward trend is going to last, I have some savings that are just itching to move to my 'buying a house in Canada' fund at a decent rate :).

Re: Exchange rate
 

Bleedin' typical, innit? Just a couple of weeks after I had no choice but to move a stack of pounds over here at below $2.

Re: Exchange rate
 

Yeah me too. I had to finally bite the bullet a couple of weeks ago at $2.016.
Ah well, at least now I;m spared the constant worry/checking/second guessing on exchange rates. Although as I'm planning a trip back to UK later this year I'd quite like it to go down.............. ;)

Re: Exchange rate
 

Yeah, I'd just like to see it spike up to $2.20 again for a day, then I could transfer everything I have left here, not look so stupid for not transferring at $2.50, and never have to worry about it again :).

Re: Exchange rate
 

As a general rule, you can expect it to go down in the fourth week of every month (ie when I get paid). :(

Re: Exchange rate
 

Interested to know who you are watching - and who you have decided to exchange with?

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I've been watching the yahoo.com rate quotes. In the past they've been close to the rate HSBC gave me for transferring 20k+ pounds: though I won't have that much this time (unless it does spike up high and I shift the ISA money too :)) so it won't be quite as good.

Re: Exchange rate
 

thanks for that :D will check them out

Re: Exchange rate
 

We are going to use HIFX, check them out http://www.hifx.co.uk/

Re: Exchange rate
 

Tell me about it!

Yes, I tend to watch the dollar going up/down/up/down all day at work on the BBc site. Not that I'm obsessed or anything. It's quite exciting when it starts going up!

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I do exactly the same, I also have it on interday and I refresh constanlty.

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And equally depressing when it drops :mad:

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Ssshhh! Thinking bad thoughts makes it go down!


:p

Re: Exchange rate
 

I was thinking of opening an HSBC account both here and Edmonton for ease of transfer of regular cash to Canada (I have a small company pension,) did you compare the rates they offer to any of the exchange companies? Stu

Re: Exchange rate
 

I have HSBC accounts and have used them and HIFX form transfers. HSBC are good if you ned the money really quickly (last time the transfer took less than 10 minutes before I saw it sitting in my Canadian account) but HIFX offer noticably better rates