Exchange rate Canada UK
#2
Re: Exchange rate Canada UK
I have an account with HSBC and have both Cad and Pounds. The exchange rate seems to be trading between a narrow range at the moment between $1.70 and $1.74. We have just sold our property in Victoria and watching the market closely. I feel if the UK comes out of lockdown and gets back to some sort of economic normality before Canada this could change dramatically. Finger crossed it doesn't.
#3
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Joined: Mar 2021
Posts: 46
Re: Exchange rate Canada UK
One suggestion has been to split the proceeds 50/50 between pounds and CAN dollars. Yes things could change over the next year. Also finding property to buy is looking like Canada now.