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View Full Version : exchange rate


mogwoi
03-20-2001, 06:54 AM
I would like to know if you think the exchange rate will be better at the end of summer then it is now. I don't know if I sould wait to change our money or if our $$$ will continue to fall...

Shellh
03-20-2001, 07:50 AM
I wish I knew the answer to that one! I am traveling in the fall and would love to see our dollar gain some ground by then.
Anyway, what you might want to do is to simply buy little bits at a time over the next little while.
When we decided to travel to DW in the fall (before Christmas we decided), I started a US dollar account at the bank and started putting in a little bit a week.
This way you are "dollar cost averaging" which means you get the highs and the lows and hopefully in the end you even out. Seems a little less painful on the pocketbook :)

jst4fun
03-20-2001, 07:59 AM
Went up this morning...just under .64...isn't that great!! Watch the news in the morning, they often talk about the dollar (or should I say half dollar!) I have found that Wednesday's and Thursday's usually show the best rate...not a guarantee though.