Exchange rate
May 30th 2007, 1:04 pm
#241
Tea Drinker
Thread Starter
Joined: Nov 2006
Location: Kamloops, BC
Posts: 5,387
Re: Exchange rate
Down to $2.11
May 30th 2007, 3:08 pm
#243
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Location: The Vancouver Suburbs... for the next few years anyway!
Posts: 558
May 31st 2007, 2:10 pm
#245
BE Forum Addict
Joined: Apr 2005
Posts: 4,842
Re: Exchange rate
AAAHHH!! It's dropped to $1.57!!!!
Just kiddin.
Just kiddin.
May 31st 2007, 2:13 pm
#246
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Location: The Vancouver Suburbs... for the next few years anyway!
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Think my heart stopped for a minute there!
May 31st 2007, 2:25 pm
#247
Forum Regular
Joined: Jan 2005
Location: London, Ontario
Posts: 31
Re: Exchange rate
that evil Steve - pure evil!!!!!
May 31st 2007, 3:13 pm
#248
Joined: Apr 2005
Posts: 9,606
Re: Exchange rate
My May pay hit my bank account yesterday. Ouch.
Jun 1st 2007, 10:09 am
#249
Tea Drinker
Thread Starter
Joined: Nov 2006
Location: Kamloops, BC
Posts: 5,387
Re: Exchange rate
Call me a pessimist but I can't see it going back up to $2.30 again this year, it's currently down to $2.11 and seems to be dropping 1c every few days.
Would another BOE interest rate rise help or worsen the situation?
Would another BOE interest rate rise help or worsen the situation?
Jun 1st 2007, 10:11 am
#250
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Location: The Vancouver Suburbs... for the next few years anyway!
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Re: Exchange rate
I'll settle for $2.20!!!!
Pleeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeease!
Pleeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeease!
Jun 1st 2007, 10:13 am
#251
Your goto Realtor
Joined: Aug 2006
Location: Brampton
Posts: 574
Re: Exchange rate
I remember when I went holiday there couple years ago and its was over 2.3
Now I am moving there and its only around 2.1
I am only gonna take 5k with me as I have job out there lined up. Will take risk and wait till next January next year to tranfer rest in hope exchange rate will be better.
Now I am moving there and its only around 2.1
I am only gonna take 5k with me as I have job out there lined up. Will take risk and wait till next January next year to tranfer rest in hope exchange rate will be better.
Jun 1st 2007, 10:14 am
#252
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Joined: Feb 2004
Location: British Columbia
Posts: 801
Re: Exchange rate
Would another BOE interest rate rise help
What it might not help, of course, is the sale of your property (if you're doing so).
Jun 1st 2007, 10:47 am
#253
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Location: Was Brentwood, Essex Now Wasaga Beach, Ontario
Posts: 895
Re: Exchange rate
Chris
Jun 1st 2007, 1:54 pm
#254
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Joined: Sep 2006
Location: Kelowna
Posts: 2,514
Re: Exchange rate
Damn exchange rate, i knew it would go against me.
Had to exchange some yesterday and got 2.098 from HiFX.
Should have done it on the same day as the house sale completed as it was higher, then the bloody bank holiday weekend got in the way.
Have now agreed a forward contract for the rest of our money in 3 months or sooner and put it in an interest account for now.:curse:
Had to exchange some yesterday and got 2.098 from HiFX.
Should have done it on the same day as the house sale completed as it was higher, then the bloody bank holiday weekend got in the way.
Have now agreed a forward contract for the rest of our money in 3 months or sooner and put it in an interest account for now.:curse:
Jun 1st 2007, 2:15 pm
#255
Born again atheist
Joined: Jul 2005
Location: Europe (to be specified).
Posts: 30,259
Re: Exchange rate
CIBC today predicted parity with the US$ by the end of this year.
For what that's worth.
For what that's worth.