Exchange rate
Nov 14th 2007, 11:26 pm
#781
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Joined: Dec 2006
Location: Cowichan Valley, Vancouver Island, BC
Posts: 1,377
Re: Exchange rate
I posted a thread about buying a truck from the States - lots of help was provided. It's the same procedure for cars.
http://britishexpats.com/forum/showthread.php?t=487244
Nov 15th 2007, 2:04 am
#782
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Joined: Nov 2006
Location: Nusajaya
Posts: 2,327
Re: Exchange rate
1.98 and hovering for a while.... and then the plonkers at the BOE signal rate cuts! Fantastic..... I wonder if we'll start to see it on the way down to 1.50 tomorrow! It's like they want to wreck the pound like the USD's been wrecked. This "special" relationship has got to end
Nov 15th 2007, 3:47 pm
#783
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Joined: Nov 2006
Location: Nusajaya
Posts: 2,327
Re: Exchange rate
Unbelievable.... it went the other way, back over 2 as I type! Where is the logic? 
Nov 15th 2007, 3:55 pm
#785
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Joined: Jul 2007
Location: Back in Yorkshire
Posts: 1,108
Re: Exchange rate
Very distressing - we are stuck with our forward contract. :curse: 
Nov 15th 2007, 4:26 pm
#786
Forum Regular
Joined: Aug 2007
Location: Oakville Ontario
Posts: 44
Re: Exchange rate
Just noticed that the GBP is back above CAD2.00 !!!!!!
Kevin
Kevin
Nov 15th 2007, 4:55 pm
#787
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Joined: Nov 2006
Location: Nusajaya
Posts: 2,327
Re: Exchange rate
Don't worry. It went up 2.6 cents today, it could just as easily drop 2.6 (or more) tomorrow and the day after, and.... etc.
At least you can now plan ahead. You know how many dollars you have, and that should be a weight off your shoulders.
We all say "if only".....
At least you can now plan ahead. You know how many dollars you have, and that should be a weight off your shoulders.
We all say "if only".....
Nov 15th 2007, 5:01 pm
#788
BE Enthusiast
Joined: Feb 2004
Location: British Columbia
Posts: 801
Re: Exchange rate
Well, I just moved approx. one third of our home sale proceeds across @ 1.9974, which was as close to the magic 2.000 as I could get them with the interbank rates at about 2.007.
The rates are up again today (well, relatively) because of this sort of news.
Cheers, Iain
The rates are up again today (well, relatively) because of this sort of news.
Cheers, Iain
Nov 16th 2007, 2:59 am
#789
Tea Drinker
Thread Starter
Joined: Nov 2006
Location: Kamloops, BC
Posts: 5,387
Re: Exchange rate
$2.01 now 
Nov 16th 2007, 6:37 am
#790
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Location: Okotoks and settled.
Posts: 1,739
Nov 20th 2007, 12:43 pm
#791
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Joined: Apr 2006
Location: Pemberton, BC
Posts: 346
Re: Exchange rate
Hifx have got it at 2.00 and Yahoo and Moneycorp have it at 2.02. I know it's a bit of an unknown but does anyone think it'll go higher? 
We've just booked our flights for next Wednesday so will need to sort out some money!
Zoe M. x
We've just booked our flights for next Wednesday so will need to sort out some money!Zoe M. x
Nov 20th 2007, 12:48 pm
#792
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Joined: Aug 2005
Location: Was Brentwood, Essex Now Wasaga Beach, Ontario
Posts: 895
Re: Exchange rate
Very surprising inflation numbers from Canada at midday UK time saw a pop over 2.03. Inflation appears back under control leaving the way clear for the Bank of Canada to cut interest rates. Logic would say the worst is over, however it all depends on how aggressive the Bank of England get on rate cuts aswell.
Hope that helps.
Chris
Hope that helps.
Chris
Nov 20th 2007, 12:53 pm
#793
Fancy a Cuppa?
Joined: Nov 2007
Location: Vancouver
Posts: 438
Re: Exchange rate
Very surprising inflation numbers from Canada at midday UK time saw a pop over 2.03. Inflation appears back under control leaving the way clear for the Bank of Canada to cut interest rates. Logic would say the worst is over, however it all depends on how aggressive the Bank of England get on rate cuts aswell.
Hope that helps.
Chris
Hope that helps.
Chris
We can live on crackers till we move!
Nov 20th 2007, 6:48 pm
#794
Immigration Consultant
Joined: Jun 2007
Location: Halifax, Nova Scotia
Posts: 2,144
Re: Exchange rate
Wow - nearly 2.04 - I really feel for those that panicked and converted when it hit rock bottom a couple of weeks back. It just goes to show you can't predict it, I was certain it was going to continue lower.
Nov 26th 2007, 3:53 pm
#795
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Joined: Feb 2004
Location: British Columbia
Posts: 801
Re: Exchange rate
Well up into the 2.04's today, presumably on the news that OPEC might up production - oil is down a bit as a result.
Entirely predictable of course, I moved some money across last week which is always a rock-solid indicator the rate will subsequently improve
Entirely predictable of course, I moved some money across last week which is always a rock-solid indicator the rate will subsequently improve