when to change pounds!!
 

Hi guys,

i got my bunac visa come through yesterday and im looking to go out to canada within the next month or so if i can get a decent priced ticket or by January 31st 2011.

the thing is, i dont know if i should change my pounds over now, or wait abit longer after the new yr! will be changing around £3-5k

What do you reckon??

Re: when to change pounds!!
 

Change them when you need them or get a crystal ball but on that amount unless judgement day happens, it won't make much difference to such a small sum.

Re: when to change pounds!!
 

lol dont we wish we all had a crystal ball !, generally is the rate better in canada or should i buy when i leave the uk?

Re: when to change pounds!!
 

the rate has fallen so drastically it is hard to say. 3000 pounds when we came would have got us $6750, now it will only get you $4830 approx, big loss.

Those coming over can only hope it will not go lower. The rates here aren't much diffference and you might find your own bank in the UK does not charge exchange fees depending on your account.

Re: when to change pounds!!
 

Hi, have you tried using an on-line foreign currency comparison site to find out where you can get the best rate? I use: http://travelmoney.moneysavingexpert...money/#results

Hope this helps.

Regards
Sam