Daveyboy_The_Red

can it really go any lower?!

is it going to go under the $2 mark?

Jingle

The tourist rate has !!! :scared:

J

Mans

Spoke to a broker at HIFX 2 weeks ago.....He was predicting it to get to CAD$2.02........that was two weeks ago.......not sure if they reviewed that further downwards :scared:

MarkG

I don't see it getting better until there's some good news out of the UK (e.g. interest rates rise), really bad news from America (e.g. their housing bubble bursts) or a significant drop in the price of oil.

I suspect we'll see all of those by the end of next year, but I doubt we'll see any of them in the next few months. I was kind of upset about only getting $2.17 on my savings when I converted them, now I'm glad I got that much!

Now I'm just not going to spend any money I don't have to until I get out of here.

andy_sheila

When? We get money from the Uk regularly and the worst rate we have got is $2.07

Jingle

Just got money for our holiday next week and the best "on the high street" rate I could get was $1.98 ..... M&S had a slightly better online rate $2.007!!!!! but I don't have an M&S card ......

Please don't tell me I could have done better elsewhere as I really tried hard

J

MarkG

I'd be surprised if you'd get much better than that on the high street with current rates.

andy_sheila

The following is an extract from our bank statement so it seems better if you get your money from a cash m/c once you are here

Sep 2005 ATM 1590 SEP05 2329 , ROYAL BANK OF , CANADA , ANNAPOLIS R ON , CAD 500.00, RATE 2.0680,
Sep 2005 ATM 1590 SEP05 1030 , ROYAL BANK OF , CANADA , ANNAPOLIS R ON , CAD 500.00, RATE 2.0747,
Sep 2005 ATM 9419 SEP05 0951 , ROYAL BANK OF , CANADA , ANNAPOLIS R ON , CAD 500.00, RATE 2.0747,
Sep 2005 ATM 9419 SEP05 2034 , ROYAL BANK OF , CANADA , ANNAPOLIS R ON , CAD 500.00, RATE 2.0684,
Sep 2005 ATM 9419 SEP05 0833 , *SCOTIABANK , ANAP ROYAL N ON , CAD 180.00, RATE 2.0630

Jingle

Aaargh ...... I asked you not to tell me!!!

MarkG

When in September was that, though? Rates have varied from about $2.06 to $2.19 so far this month.

andy_sheila

Sorry But it could benefit others

hawkeye

I checked M&S yesterday they were running at $2.01.

I think I might stick the money in my cash account and just use my ATM card.

hot wasabi peas

Yeah, from my point of view, this is great!

hawkeye

just check out M&S and the CAD$ has droped below the $2.00 to $1.98

Jingle

and £1.96 @ the Post office - kinda glad I got 1.98 now!!!

J