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-   -   Exchange rate (https://britishexpats.com/forum/canada-56/exchange-rate-442788/)

Aviator Dec 23rd 2009 2:48 pm

Re: Exchange rate
 

Originally Posted by Alan2005 (Post 8194998)
not looked in a while - didn't realize it had gotten so low!

Hit $1.61 this week!

Alan2005 Dec 23rd 2009 3:28 pm

Re: Exchange rate
 

Originally Posted by The Aviator (Post 8195006)
Hit $1.61 this week!

then you should be looking to get a new FX dealer. 1.63 is the year low.

Aviator Dec 23rd 2009 3:54 pm

Re: Exchange rate
 

Originally Posted by Alan2005 (Post 8195074)
then you should be looking to get a new FX dealer. 1.63 is the year low.

Small amounts from a bank. Hardly worth sending to a broker, Tuesday morning, came back up a few cents, but still only $1.63 today from the bank. Lowest Fx rate I saw was $1.59 this year. Lowest interbank in 2009 $1.6344.

Alan2005 Dec 23rd 2009 5:05 pm

Re: Exchange rate
 

Originally Posted by The Aviator (Post 8195113)
Small amounts from a bank. Hardly worth sending to a broker, Tuesday morning, came back up a few cents, but still only $1.63 today from the bank. Lowest Fx rate I saw was $1.59 this year. Lowest interbank in 2009 $1.6344.

fair enough I guess for tourist rates.

paolosmythe Dec 23rd 2009 5:14 pm

Re: Exchange rate
 

Originally Posted by bsmith (Post 8194975)
:blink::blink::blink::blink::blink:

meanwhile Noble peace prizes are awarded to those moving 30 000 troops into foreign lands.

it is a mad, bad and profoundly strange world these days!!!! :D forget what you think you know :ohmy:

Pebblebeach Dec 24th 2009 1:51 am

Re: Exchange rate
 
Sorry about the exchange rate. The day after we had our offer on a house accepted in September this most recent plumet started! Got 3 months to completion for it to pick up:fingerscrossed:

Hobbess Dec 24th 2009 2:48 am

Re: Exchange rate
 
We sold our house about 5 months ago now, brought over most of our cash pretty quick at ok rates for the current climate - 1.8. Now holding our breath and running a small credit line as it's better than brininging any more over at the lows we keep seeing.

I'm hoping that at some point in the next 6-months we'll see the heady heights of 1.9...:fingerscrossed:

Here's to a New Year and a new chance for a UK recovery!

johnh009 Dec 24th 2009 3:01 am

Re: Exchange rate
 

Originally Posted by The Aviator (Post 8195113)
Small amounts from a bank. Hardly worth sending to a broker, Tuesday morning, came back up a few cents, but still only $1.63 today from the bank. Lowest Fx rate I saw was $1.59 this year. Lowest interbank in 2009 $1.6344.

Do you know who offers the best exchange rates? The best I saw at the time you mentioned was around $1.68 from some of the currency exchange companies.

Aviator Dec 24th 2009 3:37 am

Re: Exchange rate
 

Originally Posted by johnh009 (Post 8195985)
Do you know who offers the best exchange rates? The best I saw at the time you mentioned was around $1.68 from some of the currency exchange companies.

The Fx houses usually offer the best rates, depends how much you are exchanging as to how much time spent hunting around. Also the rate can change between phone calls. We mostly use Custom House.

TheBear Feb 19th 2010 12:25 am

Re: Exchange rate
 
$1.62 today...that has got be the lowest for many many years, probably the 70s or something.

the_tones_guy Feb 19th 2010 12:28 am

Re: Exchange rate
 
down to 1.619 crashing on its arse! I'm gutted 2 weeks ago, I was going to exchange some cash at 1.70, ut waited as I saw it was going up, kick myself I could!

Luckyone Feb 19th 2010 12:34 am

Re: Exchange rate
 
Couldn't resist looking back at the very first posts on this back when folks were upset 'cos it had dropped down below $2.25 !!!
Was it Mary Hopkins that sang "Those were the days my friend"?

TheBear Feb 19th 2010 12:35 am

Re: Exchange rate
 

Originally Posted by the_tones_guy (Post 8357532)
down to 1.619 crashing on its arse! I'm gutted 2 weeks ago, I was going to exchange some cash at 1.70, ut waited as I saw it was going up, kick myself I could!

I moved my meagre savings over when it was $1.83...waiting to hear about a job interview now, makes telling them what your current salary is a bit diffiuclt as my salary has dropped over 30% in canadian dollar terms since I started the application process.

G77 Feb 19th 2010 12:56 am

Re: Exchange rate
 
The worst thing is when you have people visit and they'll go "ooooh it's expensive here".... Can't get their head around the fact that no, the prices are constant here, it's the pound that's in the toilet.....

TheBear Feb 19th 2010 1:20 am

Re: Exchange rate
 
Pound whore's like dropping is a knickers the.

Re-arrange the above sentence to describe what is happening today. Personally I feel we are at the beginning unless our feeble government get their act together and stop this debt addiction stuff.


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