Exchange rate
Nov 14th 2007 | 11:26 am
#781
BE Forum Addict
Joined: Dec 2006
Posts: 1,377
From: Cowichan Valley, Vancouver Island, BC
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 14th 2007 | 2:04 pm
#782
BE Forum Addict
Joined: Nov 2006
Posts: 2,327
From: Nusajaya
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 am
#783
BE Forum Addict
Joined: Nov 2006
Posts: 2,327
From: Nusajaya
Re: Exchange rate
Unbelievable.... it went the other way, back over 2 as I type! Where is the logic? 
Nov 15th 2007 | 3:55 am
#785
BE Forum Addict
Joined: Jul 2007
Posts: 1,108
From: Back in Yorkshire
Re: Exchange rate
Very distressing - we are stuck with our forward contract. :curse: 
Nov 15th 2007 | 4:26 am
#786
Forum Regular
Joined: Aug 2007
Posts: 44
From: Oakville Ontario
Re: Exchange rate
Just noticed that the GBP is back above CAD2.00 !!!!!!
Kevin
Kevin
Nov 15th 2007 | 4:55 am
#787
BE Forum Addict
Joined: Nov 2006
Posts: 2,327
From: Nusajaya
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 am
#788
BE Enthusiast
Joined: Feb 2004
Posts: 801
From: British Columbia
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 15th 2007 | 2:59 pm
#789
Thread Starter
Tea Drinker
Joined: Nov 2006
Posts: 5,387
From: Kamloops, BC
Re: Exchange rate
$2.01 now 
Nov 15th 2007 | 6:37 pm
#790
BE Forum Addict
Joined: May 2007
Posts: 1,739
From: Okotoks and settled.
Nov 20th 2007 | 12:43 am
#791
BE Enthusiast
Joined: Apr 2006
Posts: 346
From: Pemberton, BC
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 am
#792
BE Enthusiast
Joined: Aug 2005
Posts: 895
From: Was Brentwood, Essex Now Wasaga Beach, Ontario
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 am
#793
Fancy a Cuppa?
Joined: Nov 2007
Posts: 438
From: Vancouver
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 am
#794
Immigration Consultant
Joined: Jun 2007
Posts: 2,144
From: Halifax, Nova Scotia
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 am
#795
BE Enthusiast
Joined: Feb 2004
Posts: 801
From: British Columbia
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
