EXCHANGE RATE
#16
#17
Guest




Joined: Sep 2017
Posts: 367











Tongue in cheek, my old mucker. Doesn't matter what party they are from, they are all p*ss poor and shouldn't be near the levers of power. No idea how we get genuinely intelligent people in though.
#18
Slob










Joined: Sep 2009
Posts: 6,345
From: Ottineau











I'm glad I'm not paid in pounds anymore!
#20
Forum Regular




Joined: Sep 2007
Posts: 294
From: Whitby











Hi, So I have finally sold up and ready for my return back to the UK after the nightmare of covid. I am ready to exchange my C$ back to GB pound and will get a good rate now at 1.52. According to this forecast I would be better holding on for another 6 months and get approx 14K pound more per C$ 100,000 exchanged. I know forecasts are not always accurate but money and markets are not my strong point. Cash in now or wait 6 months ?. Any replies or advice are much appreciated.
Thanks Mark
Thanks Mark
#21
Forum Regular




Joined: Sep 2007
Posts: 294
From: Whitby











sorry rate reversed C$ 1 = 0.66 pound.
#22
BE Enthusiast




Joined: Dec 2016
Posts: 417
From: St Catharines, Ontario From Bournemouth UK











Sterling is seasonally strong in the winter and weak in the summer. Best time to buy CAD has been March time and buy sterling in September. If we go into a global recession, then CAD weakens against sterling. $1.52 is a good rate to exchange.
#24
BE Enthusiast




Joined: Dec 2016
Posts: 417
From: St Catharines, Ontario From Bournemouth UK











It was, if you wanted sterling GBP. As I said, the best time to buy CAD is winter between now and end of Feb. $1.68 to $1.73 has a lot of volume to absorb before any chance of going higher
Last edited by glendem4; Dec 14th 2022 at 3:45 am.





