Exchange rate
Nov 8th 2007 | 2:29 am
#767
Thread Starter
Tea Drinker
Joined: Nov 2006
Posts: 5,387
From: Kamloops, BC
Nov 8th 2007 | 6:25 am
#768
BE Enthusiast
Joined: Feb 2004
Posts: 801
From: British Columbia
Re: Exchange rate
...which has knocked the rate up into the 1.97s as a drop was already half priced in.
Might move some over tomorrow.
Might move some over tomorrow.
Nov 8th 2007 | 9:45 am
#769
Joined: Apr 2007
Posts: 2,112
Re: Exchange rate
We moved money this morning and I am now unsubscribing from this thread as I just know it will become too depressing.
So goodbye my friends....i have to go
So goodbye my friends....i have to go
Nov 9th 2007 | 3:56 pm
#770
BE Forum Addict
Joined: Nov 2006
Posts: 2,327
From: Nusajaya
Re: Exchange rate
I'm in a massive panic now. We have just bought a house in BC and need to have the funds transferred by Dec 13th. Had a call from Schneiders and our guy reckons it will hit $1.85 this week (he figures on a BOE rate cut).
We were banking on $1.99 and I have no idea what to do. We made all our moving calculations on a $2.2 rate of exchange and I'm devastated we didn't buy before - feel paralysed by the decision....
Any of you finance peeps have any more insight? Feel like I need to decide right now... too much pressure...
We were banking on $1.99 and I have no idea what to do. We made all our moving calculations on a $2.2 rate of exchange and I'm devastated we didn't buy before - feel paralysed by the decision....
Any of you finance peeps have any more insight? Feel like I need to decide right now... too much pressure...
Nov 13th 2007 | 4:10 am
#771
BE Enthusiast
Joined: Feb 2004
Posts: 801
From: British Columbia
Re: Exchange rate
Well, to flog this old horse yet again, just this very second I've seen the pound nosing over $2.00 CDN on the interbank rates, most welcome for those still with money to move / waiting on house sales.
Nov 13th 2007 | 4:57 am
#772
Joined: Apr 2007
Posts: 2,112
Re: Exchange rate
Lucky we still have about £18k to exchange.
Nov 13th 2007 | 6:41 am
#773
BE Forum Addict
Joined: Dec 2006
Posts: 1,377
From: Cowichan Valley, Vancouver Island, BC
Re: Exchange rate
Mind you, if it was me then I would have to have had a look - suckers for punishment aren't we?Jo
I keep shouting at OH for checking his daily exchange rate and look at me
Nov 14th 2007 | 4:01 am
#775
BE Forum Addict
Joined: Jul 2007
Posts: 1,108
From: Back in Yorkshire
Re: Exchange rate
We locked in same day, same rate, with Moneycorp - they must love this site, we locked in the whole lot!!!
Hubby now pacing, cursing and complaining..:curse:
...Oh please save me from this eternal torture.
This house sale still has not completed, I am wondering if it will EVER?
I keep telling my self not to look at the rate, but its really becoming an addiction.
Last edited by manghams; Nov 14th 2007 at 4:02 am. Reason: typo
Nov 14th 2007 | 6:20 am
#776
Joined: Apr 2007
Posts: 2,112
Re: Exchange rate
We locked in same day, same rate, with Moneycorp - they must love this site, we locked in the whole lot!!!
Hubby now pacing, cursing and complaining..:curse:...
Oh please save me from this eternal torture.
This house sale still has not completed, I am wondering if it will EVER?
I keep telling my self not to look at the rate, but its really becoming an addiction.
Hubby now pacing, cursing and complaining..:curse:
...Oh please save me from this eternal torture.
This house sale still has not completed, I am wondering if it will EVER?
I keep telling my self not to look at the rate, but its really becoming an addiction.
Nov 14th 2007 | 6:47 am
#777
Banned
Joined: Jun 2007
Posts: 785
Re: Exchange rate
Alvic, buy your car in the US, that will help with any shortfall, plus future prices for TV's etc will be lower.
I am ecstatic about the current rates, I labored with $2.45 and with $1.40 to the U.S., turnaround is fair play.
I am ecstatic about the current rates, I labored with $2.45 and with $1.40 to the U.S., turnaround is fair play.
Nov 14th 2007 | 6:49 am
#778
Joined: Apr 2007
Posts: 2,112
Re: Exchange rate
Thanks Howard for the advice....can you just go over the border and purchase a car and drive it back into Canada. Are there duties etc to be paid on it?
Nov 14th 2007 | 10:24 am
#779
Seasoned Maritimer
Joined: Jun 2005
Posts: 8,309
From: Fredericton, New Brunswick CA
Nov 14th 2007 | 11:23 am
#780
BE Forum Addict
Joined: Sep 2004
Posts: 1,709
From: Flat Oxfordshire
Re: Exchange rate
You also need to do a bit of research about which dealers will sell to you if they know that the car is going to Canada. Honda and a few others have a class action agaisnt them for threatening to remove the dealerships if cars are knowingly sold in the US with a final destination in Canada.
