There goes my down payment - bulk of my money is still in the UK as I'm still a temp resident

Hold your nerve, it'll rebound soonish.

Yep. Reality will reassert itself in a few days... this is just the boys in stripy shirts and braces taking the amateurs to the cleaners.

It certainly isn't the lowest at least compared to the Canadian dollar, we brought our house sale cash in October 2009 when the pound was on the steep drift down, we caught it at 1.70 - it drifted down way lower shortly after that and took ages to come back so as Oink says, the dust will settle Beckie, there is always a better time to exchange cash but also always a worse time. Keep the faith.

I see oil price has dipped which will counterbalance back in hour favour, sadly not ours ! XE rate around 1.77 so up from 1.75

Britian just lost its AAA credit rating with S&P.

Just a "blip" I'm sure

Ooooh - Quavers!! Can get Curly Wurly's at Bulk Barn, but thanks for the offer - much appreciated!

Yeh, true re the CWs Monster Munch? Pickled Onion flavour of course

The Eurocrats are throwing their toys out of the pram, I see.

Yesterday on my currency exchange app it was at $1.9 to the £ but today it is at $1.78 so it has gone down a bit.

I'd prefer to actually land first as a PR and then I know it's all for sure but thanks for the reassurance

It's still higher than it was when we moved over here in October 2013...

I hedged my bets and equalised my UK and Canadian bank balances a few weeks ago.

Had I not been really busy yesterday, I would probably have done some Forex yesterday afternoon to bring it all here and then reverse it today to send it all back if it all went wrong (as it did)....

But then I was expecting a 'Stay' result.....


There will be some very happy professional currency traders this morning....and a few unhappy ones as well though!

I don't know about "unhappy", if they can't make money today they are remarkably stupid and don't deserve to have a job.

And if they are holding large unhedged balances they are "currency speculators", not "currency traders".

I changed at 1.47 in April 2010

I can't recall exactly but

House buying trip 2004 $2.25
Completion 2 months later $2.15
House cost £2500 more to buy.

Took pension early 2007 $2.13
Three years on (pension frozen for 5 years) $1.50
Pension lost $220 monthly.

Between 8.00am on June 23 and 4.00am June 24, pension lost almost $60 monthly.

Don't worry too much - it will come back up - it's already risen a tiny bit from last night to $1.73. I lost around $400 this month due to the drop (the bank transfer went through from the UK last night, sigh) - but it's still way better than a couple of years ago when it went down to (I think) $1.53

I remember when I first came to Canada (visiting) in 1999 it was around $2.40 - those were great days!

Dunno...When it fell from over $2 right down to about $1.50 it stayed very low for 2 or 3 years.

It's the timing for me. My rental income is disappearing for for a bit.