Re: Exchange rate
 

I do .. lol .. its going to continue rising .. :rofl:

Not looking to bad at the moment.

Continue rising please ..:rofl:

Re: Exchange rate
 

As the actress said to the Bishop....:eek::D:)

Re: Exchange rate
 

i did, but it lied to me. it always told me "iceland".
now i trust nobody's advice, least of all my own!

i am feeling so profoundly powerless as apparent morons twiddle the numbers and botch the books for gawd knows what motive.:curse:

i am a slave to the exchange graphs and the temporary joy / terror they provoke.... and this is quickly becoming the worst aspect of this.

I think i shall just sort out my new accounts on the Canada side, move my dosh and never look at another chart again.

don't think... feel!

Re: Exchange rate
 

lol.....it's got a way to go from $1.77 though, back to $2

Re: Exchange rate
 

£1 = $1.85

Re: Exchange rate
 

must.... open.... canadian.... bank.... account..... immediately!

don't panic OMG OMG OMG!!!!!

Re: Exchange rate
 

It's now $1.85.8 - £1

Re: Exchange rate
 

^^^not that you're really interested though, right?

Re: Exchange rate
 

Curious yes.

I have no cash so cant benefit or lose from the rate.

Just interesting to see such wild fluctuations.

M.

Re: Exchange rate
 

benefit.....? its funny but i feel victimised by it!:frown:

I hear that some bank accounts will automatically exchange your funds from one currency to another (with your prior consent) when rates hit a predetermined figure?

Seems suspiciously painless. I guess you need to hold one account for each currency within the same bank eh?:huh:

Re: Exchange rate
 

You can put a "stop" on a currency exchange - if the rate drops to or rises to one of the levels you have stipulated, the transaction will automatically proceed when it hits either level that you chose.

M.

Re: Exchange rate
 

okay... that sounds useful.... thanks for the terminology too.

do you know if this is something most / all banks do?
would i need two accounts in a single bank, one in £ the other in $?
(or does this depend on the bank itself)

sorry to assume you (or anyone reading) are some kind of financial wizard....
i should probably speak to the damn bankers, but i hate their relentless sales pitch (not to mention the automated answer machines, which cause you to be passed to about 5 different departments before you find the answer you seek):curse:

i might just gold and shove it under the matress!

Re: Exchange rate
 

If memory serves me right HSBC have the facility to have both sterling and CAN $ accounts and are preferred by many forum members - I wouldn't do a currency trade through them though as the rates are apparently not as good as you can get elsewhere...

... I'm sure if you read back through this topic for a few pages or so you'll find recommendations for firms with the best rates, and you can then do a bit of research and hopefully find the best current deals.

M.

Re: Exchange rate
 

£1 = $1.85 1/2 now BTW

Re: Exchange rate
 

yup.... it's been one of those micro roller coaster days today:

open: 1.8331
low: 1.8329
High: 1.8598
current: 1.857

according to www.advfn.com

should i be noticing a (not even) 3 cents variation in a day? i feel like such a uber nerd!