Exchange rate
Sep 14th 2007, 5:13 am
#496
spring is coming yeha
Joined: Oct 2005
Location: wasaga beach ont
Posts: 494
Sep 14th 2007, 6:00 am
#497
BE Enthusiast
Joined: Apr 2006
Location: Pemberton, BC
Posts: 346
Re: Exchange rate
Maybe we'll be renting a bit longer than we thought just to get the most out of ££££s!
Zoe M. x
Zoe M. x
Sep 14th 2007, 6:09 am
#498
Forum Regular
Joined: Feb 2007
Location: Farnborough, Hants to Wasaga - Ontario
Posts: 61
Sep 14th 2007, 6:12 am
#499
Immigration Consultant
Joined: Jun 2007
Location: Halifax, Nova Scotia
Posts: 2,144
Re: Exchange rate
Lincoln Navigator?! Oh you do know how to win sympathy don't you. I got 2.27 when I exchanged back at the beginning of the year <grins smugly> and I don't have a Lincoln Navigator so neither should you have one 
Sep 14th 2007, 6:33 am
#500
Forum Regular
Joined: Feb 2007
Location: Farnborough, Hants to Wasaga - Ontario
Posts: 61
Re: Exchange rate
The swimming pool was kissed good bye when the rate dropped from $2-35 to $2-20 earlier this year:curse:
Sep 14th 2007, 8:44 am
#501
Immigration Consultant
Joined: Jun 2007
Location: Halifax, Nova Scotia
Posts: 2,144
Re: Exchange rate
No swimming pool either eh? Life is going to be tough. What happens if it drops below 2? (No, not the hot tub!)
Sep 14th 2007, 9:01 am
#502
Benjy
Joined: Mar 2007
Location: York to Bragg Creek on the 11th October
Posts: 40
Sep 14th 2007, 9:06 am
#503
Joined: Jul 2005
Posts: 15,883
Re: Exchange rate
Spot price at the close today $2.0690
If you want to buy Canadian dollars at the TD bank you'll only get $2.0304
If you want to buy Canadian dollars at the TD bank you'll only get $2.0304
Sep 14th 2007, 9:14 am
#504
Forum Regular
Joined: Mar 2007
Posts: 38
Re: Exchange rate
Just saw this article in the Vancouver Sun, thought it might be useful to those who understand the USD/CAD effect on sterling.
Parity by end of year, or sooner
Loonie hits high of US97.25¢
David Berman, National Post
Published: Friday, September 14, 2007
The combination of record-high oil prices and a weak U.S. dollar has sparked increasing speculation about the Canadian dollar surpassing the value of the greenback for the first time in 31 years.
http://www.canada.com/vancouversun/n...ea12b4&k=71678
Parity by end of year, or sooner
Loonie hits high of US97.25¢
David Berman, National Post
Published: Friday, September 14, 2007
The combination of record-high oil prices and a weak U.S. dollar has sparked increasing speculation about the Canadian dollar surpassing the value of the greenback for the first time in 31 years.
http://www.canada.com/vancouversun/n...ea12b4&k=71678
Last edited by TooseyP; Sep 14th 2007 at 9:20 am.
Sep 14th 2007, 11:26 am
#505
Tea Drinker
Thread Starter
Joined: Nov 2006
Location: Kamloops, BC
Posts: 5,387
Re: Exchange rate
I hope the rate stays above $2.05 for all you people who are so close to exchanging. I know how frustrating it is..
Sep 17th 2007, 7:00 am
#506
Immigration Consultant
Joined: Jun 2007
Location: Halifax, Nova Scotia
Posts: 2,144
Re: Exchange rate
Its hovering just above 2.05. My guess is it will be at 2.04something by the time the markets close today. Very f*****g frustrating as I finally managed to get my UK stakeholder pension transferred to Canada and they are now planning to convert it rather than hold it in Sterling!
Sep 17th 2007, 7:02 am
#507
Immigration Consultant
Joined: Jun 2007
Location: Halifax, Nova Scotia
Posts: 2,144
Re: Exchange rate
what did I tell you - 2.0495!
Sep 17th 2007, 7:10 am
#509
Immigration Consultant
Joined: Jun 2007
Location: Halifax, Nova Scotia
Posts: 2,144
Sep 17th 2007, 7:19 am
#510
BE Forum Addict
Joined: Apr 2005
Posts: 4,842
Re: Exchange rate
We are remortgaging, the people over there are saying we may need to pay their bridging loan. We might have enough to pay for the house but we'll have to walk everywhere. The exchange rate is going to be a killer, I'm seriously thinking about dropping out of this Canada thing and cutting my losses.
