Exchange rate
 

Just popped up over $2.05 again, probably due to increasing expectations of interest rate rises in the UK this year.

If you don't think rates will rise, might be a good time to think about transferring money :).

Re: Exchange rate
 

2.20 in August or thereabouts :beer: !

Re: Exchange rate
 

Would be nice :).

Re: Exchange rate
 

Bank of England kept interest rates on hold this week.

However...with some of the highest house price incraese and mortgage lending figures for 2.5 yrs looks like Bank of England is under pressure to increase rates sonner rather than later.

I have sterling to transfer......I'm holding out for rate rise (more like praying for a rate rise ;) )

Rgds
Mans

Re: Exchange rate
 

We have been here since February but still have most of our money in the UK in a fixed term account that is not up until July. Would be nice if the rate had gone up a little by then. It's amazing how much difference a couple of cents makes. I will be glad when it's all over here then I can finally forget about exchange rates!

Mark

Re: Exchange rate
 

They were hardly going to increase rates on election day :).

Plus they'll usually have at least a couple of months of talking about changes of direction before they make one. So I'd guess July or August unless something dramatic happens to the economy in the meantime.

BTW, we're almost at $2.06 now.

Re: Exchange rate
 

Scuse me, where is that please!!!!

Re: Exchange rate
 

If your looking for the rate .... I use www.hifx.co.uk

HTH
Mans

Re: Exchange rate
 

True, I think I'm looking at the inter-bank rate, so it's probably a cent and change less for real-world money transfers.

Re: Exchange rate
 

We got 2.38 in May 2004.. but it had been 2.50, and we thought we'd missed the boat!

Re: Exchange rate
 

A colleague of mine claims to have got the best part of 2.60 when he came to Calgary a few years ago. If you hear reports of a body found floating face down in the Bow river over the next few months, then you know who it is :D

Re: Exchange rate
 

I found www.isxfx.co.uk better than hifx.co,uk - better rates and really helpful staff....that was back in May 2004.

Re: Exchange rate
 

Sorry - it's www.isxfx.com (NOT co.uk)

Re: Exchange rate
 

I got $2.44 through www.isxfx.com back in May 2004. They were excellent - really helpful. :D

Re: Exchange rate
 

I got $2.43 back in May 2004 through www.isxfx.com. Very helpful staff who know what they're doing - and talked me through it step by step :D