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money transfer / exchange rates

money transfer / exchange rates

Old Nov 29th 2013, 4:35 am
  #46  
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Its been on the news seemingly the UK is now taking on this American tradition I was watching one ASDA that was stripped of the bargains in a 2 minute frenzy I was completely shocked

1992 was down to george soros
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Old Nov 29th 2013, 4:37 am
  #47  
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Default Re: money transfer / exchange rates

Originally Posted by heli2010
Getting there but still needs a shove for Dec 9th
Are you moving the goal posts

I thought it was 371 by September? Regardless, the recent change is more than welcome.
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Old Nov 29th 2013, 4:53 am
  #48  
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Hi Rural
it was expected for late summer hence sept contracts it cost a bit more but happy enough with a Dec expiry 371 not least because I have a building materials order for next year
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Old Nov 29th 2013, 5:00 am
  #49  
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Default Re: money transfer / exchange rates

Originally Posted by heli2010
Hi Rural
it was expected for late summer hence sept contracts it cost a bit more but happy enough with a Dec expiry 371 not least because I have a building materials order for next year
Hope it gets there for you
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Old Dec 2nd 2013, 8:07 am
  #50  
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Originally Posted by Rural Hungary
Hope it gets there for you
looks like its a turnaround tuesday time to buy back and exit
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Old Jan 23rd 2014, 7:58 pm
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Default Re: money transfer / exchange rates

Originally Posted by Rural Hungary
Are you moving the goal posts

I thought it was 371 by September? Regardless, the recent change is more than welcome.

1.00 GBP = 372.089 HUF

XE quoted mid rate at 8.55am (British time) today. Hope it stays this way for a while.
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Old Jan 23rd 2014, 9:11 pm
  #52  
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[QUOTE=Hope it stays this way for a while.[/QUOTE]

well for today at least, key here would be an attempt at 375 anything less would give a run back to the 340s with an ultimate target in the 320s which would suit some myself included I like more forints for my buck but ultimately that makes prices rise in Hungary
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Old Jan 23rd 2014, 11:30 pm
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Travelex website 340 HF = £1 .... but have just spotted on some websites it's 370 HF = £1 .... maybe I should get my currency now for August!
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Old Jan 24th 2014, 3:27 am
  #54  
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Got 358 on a normal bank transfer on Wednesday. Wish it had been that when we bought our house
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Old Jan 24th 2014, 9:16 am
  #55  
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I would recommend using mytravelmoney.co.uk as you can put in the parameters and it searches a few companies now they dont search all providers but it will give an indication of top rates for getting cash they also have a sister site for interbank transfers
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Old Jan 30th 2014, 5:35 am
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Default Re: money transfer / exchange rates

So XE is saying 375, my local Interspar is 369 for £1. I am trying to make sense of what the commentators are saying about hungary being targeted by hedge funds etc
Can anyone explain in laymans language what is going on and whether the rates are going to stay high for a while.
Thanks
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Old Jan 30th 2014, 8:10 am
  #57  
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Default Re: money transfer / exchange rates

What you actually get is about 6-9 forints less than the XE rate. So you can use XE to check the rate and get an idea of what you can expect locally. The rate shown on the likes of XE is what you could call the "wholesale rate" for large transactions by banks, financial institutions etc. What you get is the "retail rate".

Whether it will stay high, as this thread shows, is really anybodies guess, so many internal and external factors to take into consideration though looking at historical graphs, there does seem to be a pattern when it peaks.
Some reading material for you here.
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Old Jan 30th 2014, 10:18 am
  #58  
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Hi Cathyg as rural says XE are quoting wholesale rate also known as spot rate 369 with spot at 375 is a good rate currently in the UK most are quoting 20 below spot which just shows a ripoff

as with all FX its supply and demand holiday season tends to see less favourable transaction rates as does higher interest rates in the country of choice right now the eurozone UK and US are all still at record lows so funds will look elsewhere for a higher interest currency

volatility is what hedge funds look for and since last April the Huf has been sleeping
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Old Feb 3rd 2014, 4:37 am
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Default Re: money transfer / exchange rates

Whot has hppened monthly draw ATM "I CAN NOT BELIVE IT" came out at 378.42fh to pond sterling, when I came hear feb 2009 exch. 298fh digger
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Old Feb 3rd 2014, 9:23 am
  #60  
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Default Re: money transfer / exchange rates

Originally Posted by digger47
Whot has hppened monthly draw ATM "I CAN NOT BELIVE IT" came out at 378.42fh to pond sterling, when I came hear feb 2009 exch. 298fh digger
Ditto, 290 when we arrived!
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