exchange rate

eeyorefanuk

DIS Veteran
Joined
Feb 6, 2009
Messages
4,082
I know nobody know but if exchange rate was 1.43 and we were going in august would you buy it now?
 
Personally no.
I'm no financial expert by a long shot but from what I understand the £ took a bit of a hit against the $ when the new government came in and announced the emergency budget. Based on that I would be inclined to wait a little and see how it goes over the next month.
But as I said that is just my own personal thoughts.
 
Id wait a wee while as well.

However as it can go down as well as up what im planning to do is to spread buying my $ over the next 6 months before i go to minimise the effect of the poor exchange rate. If it goes up or down at least i wont have bought all my currency at the worst rate.
 
Also going in August and planning on waiting too! Can't say if thats the best thing to do but I'm keeping my fingers crossed :thumbsup2
 

I ordered from Crown Currency last month. Got a rate of 1.54 to be delivered at the end of this month. If you sign up to their emails they often send offers around. I haven't used them before, heard about them through Dis revommendations, but they were very friendly and easy to deal with!
 
I gave up bothering with exchange rates years ago. Too much hassle trying to read the market, end of day its all guess work so now don't do it.
I only use fee free credit card, If I was there today it would be $1.47 hopefully increase by August.
 
I ordered from Crown Currency last month. Got a rate of 1.54 to be delivered at the end of this month. If you sign up to their emails they often send offers around. I haven't used them before, heard about them through Dis revommendations, but they were very friendly and easy to deal with!


Same here, but am keeping an eye in the Fairfx rate as I want to put some on my card before we go in Aug.
Yesterday it went up to 1.4575, but atm it has dropped back to 1.4450
Crown Currency are offering 1.46 for delivery 22/7-15/8; I got an email yesterday.

Jules x
 
As everyone has said, there is no way of knowing. I have decided to sit it out. To be fair, I have a good portion of my currency already (and also some TCs which I bought a few years back at just under $2/£1 :)). I am going in October so also a way to go yet, but I am not rushing into it just now.
 
I only have a wee bit to get as I kept all my left-overs from 2:1 :)

But I am going to wait now too - it's already bad!
 
I only have a wee bit to get as I kept all my left-overs from 2:1 :)

But I am going to wait now too - it's already bad!

Me too, although I had to get a fair amount still - I know I am going to take more than I need but never mind - better too much than too little! ;)
 
Hi All

I just ordered mine from Crown Currency Exchange to be delivered on 12th July... I got 1.4927.

We fly out on 21st July and I was hoping for 1.5 but couldnt resist this offer!!

Good luck to all holding out... I couldnt wait any longer!!

xx
 
Hi All

I just ordered mine from Crown Currency Exchange to be delivered on 12th July... I got 1.4927.

We fly out on 21st July and I was hoping for 1.5 but couldnt resist this offer!!

Good luck to all holding out... I couldnt wait any longer!!

xx

Well for 0.73c per £1, you're as close as you could be to the $1.50 mark. Good for you. Now to decide what to spend it on? ;)
 












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