Look at the exchange rate now!

[matty624]

The exchange rate is currently standing at $1.742 as of 5/1/04 (Marks and Spencer).
That is amazing compared to the paltry $1.50 I got last August, and I think I got only about $1.34 only a couple of years ago. When will it peak, any ideas?
Ian

 

[steven1105]

where did u get that rate?????


steve

 

[Fantasia Sam]

steve - I think Ian got the rate from Marks and Spencer.

The rate is brilliant but have no idea when it will peak. We are planning on buying some more dollars now in readiness for May, just in case.

I'd be really happy if this rate could just remain stable for the rest of the year

 

[keswick1uk]

I had $1.749 from late December when my Nationwide credit card hit the decks earlier this week. Couldn't believe it! We are buying as we go along. Seaworld ticket at $1.65, then Disney passes at the $1.749. Might buy some cash/t cheques now for March departure.

 

[signtalker]

I think Im off to get some currency this week sometime,in readiness for our May trip.

Anybody know where there are good deals to be had?.Normally I get mine at the post office,or Nationwide,anybody know rates for these?.

Jules

 

[Sue F UK]

We got ours yesterday from the Post Office - 1.72 which we thought was a good deal.

This time in 2002 we got $1.39!!

 

[Fantasia Sam]

Oh wow I remember getting that rate back then too Sue - it's a pleasant change isn't it ??

Jules - I think Marks & Spencer rates are always competitive.

 

[Scotfan]

Travelex are offering 1.7421 just now, they seem to alter their rate about lunch time. The headline rate this morning on BBC1 was 1.81.

 

[Bexx]

How far in advance can we buy passes for the various parks? We're not going for another year, but it would be great to take advantage of this exchange rate if we possibly can!!

 

[Scotfan]

1.7581 now with Travelex.

If you are buying passes now, some have expiry dates and others dont, you need to decide what you want first then check. The Disney passes are due to go up in January anyway so if you dont mind the money lying out then you may be as well getting them.

 

[amf]

And the tourist rate should be up again tomorrow - just checked Ceefax and market rate is 1.8237

We have Nationwide CC and Current Account, which means that we get the full market rate for CC and hole in the wall transactions overseas. Even at that its still tempting to get some $$$$ from M & S at the tourist rate.....will leave it until the next day the market rate drops, as it surely must sometime - the tourist rate generally follows the next day, so there is a window of opportunity.

 

[steven1105]

reading some articles today in the paper about how the dollar may hit $2 some time this year , but they couldnt predict when. It is expected to hit $1.90 at least. Lets hope its around april or may eh guys. It was $1.40 in september when i bought.


steve

 

[MsPennieLane]

We use Lloyds TSB as hubby has a current account with them, their rate is really good and they charge no commission. We bought US travellers cheques just before christmas at 1.70 and we just received our dollars today at £1.72.

Anz

 

[matty624]

Just bought 1 premium annual pass to take advantage of the current rates (bought it on 31-12-03 to also get $20 off with the last hours of the Disney club). I believe you get a voucher, which is redeemable for just about ever!
$1.75+ now with Marks and Spencer.
$2 eh Steve. Wouldn't it be amazing to buy things and half the amount to work out the £ value!!!
Ian

 

[amf]

Well I've jumped....got $1.7681 from Travelex this morning, for our July trip. Dosh to be picked up at airport next week - just hope I've not jumped too soon. Travelex seem to have better rates than M & S if you order online, but you need to collect your currency/TCs from an airport.

This will be the first trip in many years where we've taken more than a couple of hundred £ for starters. We normally rely on CC plus the hole in the wall. The rate just seemed too good to miss

 

[vernon]

Sterling hits 1.8320 (Interbank dealing rate ) but still a record since 1992. Get those property and DVC prospectus's ordered LOL.

 

[Miffy2003]

Originally posted by vernon
Get those property and DVC prospectus's ordered LOL.

I am using this argument with my DH at the moment funnily enough!!! If only......!

Karen

 

[vernon]

The rise of sterling continues with no end in sight. It hit 1.8570 on the interbank markets today

 

[rob@rar.org.uk]

Some chief economist from one of the City banks was interviewed on Today this morning and said that the rate might fall as far as $2.30. That's terrific for visitors to the USA, although I'm glad I don't work for a company which relies on exporting their work to America!

Regards

Rob

 

[Fantasia Sam]

I've just found out that we can also pay for our wedding earlier and that is going to save us over £1,500 since the beginning of December rate - woo-hoo !!!