Exchange rate

Old Apr 25th 2007, 2:21 pm
  #46  
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Default Re: Exchange rate

Originally Posted by Iain Mc View Post
Sold your house yet?
Me?
Bit of bad news actually, the people buying mine had the people buying theirs pull out, so ours is back on the market again
Oh well, I'm not too stressed about it, who knows I may even get the asking price this time around.
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Old Apr 25th 2007, 2:38 pm
  #47  
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Default Re: Exchange rate

Me?
Yeah, you!

Mine should be on the market in May, to beat the HIP nonsense. Not particularly looking forward to the experience I must say, although I hope as migrants-who-are-not-in-a-chain we're a reasonably attractive proposition.

Sorry your buyers pulled out, better luck next time!

Cheers, Iain
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Old Apr 25th 2007, 2:55 pm
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Default Re: Exchange rate

Originally Posted by Iain Mc View Post
Yeah, you!

Mine should be on the market in May, to beat the HIP nonsense. Not particularly looking forward to the experience I must say, although I hope as migrants-who-are-not-in-a-chain we're a reasonably attractive proposition.

Sorry your buyers pulled out, better luck next time!

Cheers, Iain
Don't tell them you're migrating.
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Old Apr 25th 2007, 3:16 pm
  #49  
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Default Re: Exchange rate

Originally Posted by Iain Mc View Post
Yeah, you!

Mine should be on the market in May, to beat the HIP nonsense. Not particularly looking forward to the experience I must say, although I hope as migrants-who-are-not-in-a-chain we're a reasonably attractive proposition.

Sorry your buyers pulled out, better luck next time!

Cheers, Iain
I guess being in our position has some advantages and also some disadvantages.
The advantage being that we can move out fairly sharpish with no onward chain, the disadvantage is that once people know that we are moving abroad they can muck us about as they might think we are desperate to go.

Having a spotless house 24x7 can be a real pain, especially with two kids and a dog. I dread the viewings where I have to show people around myself.
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Old Apr 25th 2007, 3:47 pm
  #50  
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Default Re: Exchange rate

Originally Posted by Danny B View Post
Are you sure about that? I've been keeping an eye on it for a while now and never seen it go above $2.35 in 2007.

What I'd do for it to rise to $2.70 on my completion date
It must be a mistake it hasnt been that high in years. When i moved over in '98 it was 2.58... by 2002ish it was down to 2.06. Recently its shot up to 2.30.
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Old Apr 25th 2007, 3:50 pm
  #51  
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Default Re: Exchange rate

Don't tell them you're migrating
the disadvantage is that once people know that we are moving abroad they can muck us about as they might think we are desperate to go
My solution to this is to candidly point out to the buyer (via the estate agent) that if we don't get a decent price we'll rent it out instead, no funny business. The ambition is to appear in control and not desperate! Especially when (reasonably) flexible exchange dates, no chain, and a potential fully-furnished sale are plus points to a potential buyer.

This is all theory, of course
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Old Apr 25th 2007, 5:06 pm
  #52  
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Default Re: Exchange rate

Originally Posted by Londonuck View Post
It must be a mistake it hasnt been that high in years. When i moved over in '98 it was 2.58... by 2002ish it was down to 2.06. Recently its shot up to 2.30.
We moved in Sept 2004 but changed our money up in the June of that year as the rate was 2.6 - we took a huge chance as we weren't even in Canada, but luckily it paid off for us.
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Old Apr 26th 2007, 4:37 pm
  #53  
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Default Re: Exchange rate

2.23

Souv's beer is getting cheaper by the minute
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Old Apr 26th 2007, 4:49 pm
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Default Re: Exchange rate

Originally Posted by ann m View Post
2.23

Souv's beer is getting cheaper by the minute
Only $2.19 according to TD Commercial Banking Foreign Exchange calculator at 12:25:02 EDT Thu Apr 26, 2007.
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Old Apr 26th 2007, 5:30 pm
  #55  
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Default Re: Exchange rate

My house sale is now back on virtual beers are on me tonight!
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Old Apr 26th 2007, 5:46 pm
  #56  
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Default Re: Exchange rate

Wish I had kept an eye on the rates earlier. Our move will be soon and it seems to be on a downward trend.
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Old Apr 26th 2007, 5:46 pm
  #57  
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Default Re: Exchange rate

Originally Posted by Danny B View Post
My house sale is now back on virtual beers are on me tonight!
Woo hoo but it's only 10:30 am here
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Old Apr 26th 2007, 6:41 pm
  #58  
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Default Re: Exchange rate

I exchanged for house purchase earlier today at 2.2190. I don't want to know if it goes up anytime soon, so I won't be looking at this thread again
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Old Apr 26th 2007, 8:02 pm
  #59  
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Default Re: Exchange rate

Originally Posted by Biiiiink View Post
I exchanged for house purchase earlier today at 2.2190. I don't want to know if it goes up anytime soon, so I won't be looking at this thread again
CONGRATULATIONS
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Old Apr 26th 2007, 9:05 pm
  #60  
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Default Re: Exchange rate

folks - give custom house a go when you are looking to exchange your money. I am confident you will get a better rate than the big boys -Moneycorp/HIFX. Ring them up (based in Vancouver I think) and see what you can get off them. If you are exchanging a substantial amount of money, 10K upwards you will get close to the business rate.
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