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-   -   exchange rate.. again! (https://britishexpats.com/forum/canada-56/exchange-rate-again-328590/)

Daveyboy_The_Red Sep 28th 2005 7:58 pm

exchange rate.. again!
 
can it really go any lower?!

is it going to go under the $2 mark?

Jingle Sep 28th 2005 8:26 pm

Re: exchange rate.. again!
 

Originally Posted by Daveyboy_The_Red
can it really go any lower?!

is it going to go under the $2 mark?


The tourist rate has !!! :scared:

J :)

Mans Sep 28th 2005 8:34 pm

Re: exchange rate.. again!
 
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 Sep 28th 2005 11:08 pm

Re: exchange rate.. again!
 
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 Sep 28th 2005 11:46 pm

Re: exchange rate.. again!
 

Originally Posted by Jenwren
The tourist rate has !!! :scared:

J :)

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

Jingle Sep 29th 2005 12:14 am

Re: exchange rate.. again!
 

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

Just got money for our holiday next week and the best "on the high street" rate I could get was $1.98 ..... :eek: 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 Sep 29th 2005 12:30 am

Re: exchange rate.. again!
 
I'd be surprised if you'd get much better than that on the high street with current rates.

andy_sheila Sep 29th 2005 12:38 am

Re: exchange rate.. again!
 

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

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 Sep 29th 2005 12:48 am

Re: exchange rate.. again!
 

Originally Posted by 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

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

MarkG Sep 29th 2005 12:52 am

Re: exchange rate.. again!
 

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

andy_sheila Sep 29th 2005 1:28 am

Re: exchange rate.. again!
 

Originally Posted by Jenwren
Aaargh ...... I asked you not to tell me!!! :D


Sorry :( But it could benefit others :D

hawkeye Sep 29th 2005 8:23 pm

Re: exchange rate.. again!
 
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 Sep 29th 2005 8:38 pm

Re: exchange rate.. again!
 

Originally Posted by andy_sheila
Sorry :( But it could benefit others :D

Yeah, from my point of view, this is great! :p :)

hawkeye Sep 30th 2005 12:18 am

Re: exchange rate.. again!
 
just check out M&S and the CAD$ has droped below the $2.00 to $1.98 http://www.yatoula.com/gif/smiles/smiley_114.gif

Jingle Sep 30th 2005 1:11 am

Re: exchange rate.. again!
 

Originally Posted by hawkeye
just check out M&S and the CAD$ has droped below the $2.00 to $1.98 http://www.yatoula.com/gif/smiles/smiley_114.gif

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

J :)


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