todays exchange rate

Fairfx is currently $1.61

David
Yep dave got another free card today and loaded £100 worth. Gonna add as and when now as a little extra.Also found my old card which I was suprised had nearly $40 on. I am quite happy with the rate now and will add some more friday
 
I will be more than happy if the interbank stays up at todays rate or more for August, at $1.6409 just now:thumbsup2
 

I sent £500 on Sunday night to my Citibank account, it should be arriving tomorrow. Now should I send more or wait, that is the question.
 
I waited for it to hit $1.6 so loaded up £900 on sunday......now do I wait to do the rest for it to go up more.......decisions decisions.....
 
you could pray for an american default - that would send the pound up... ;)

But then what would happen to the stock market and my shares? it was bad enough the last crash, thankfully I didn't need to cash anything and they have all recovered but within the next year I need some cash, maybe I should sell now.
 
But then what would happen to the stock market and my shares? it was bad enough the last crash, thankfully I didn't need to cash anything and they have all recovered but within the next year I need some cash, maybe I should sell now.

america won't default, and if shares fall, they'll recover....
 
today rate at thomas cook online $1.6000
£500 = $800.00
UP $ 7.50 since last since Friday
Record low monday 17th may 2010 $1.3786 £ 500 = $689.30
Record high tuesday 17th nov 2009 $1.6357 £ 500 = $817.35


another $1.60 day :cool1:
 
today rate at thomas cook online $1.6000
£500 = $800.00
UP $ 7.50 since last since Friday
Record low monday 17th may 2010 $1.3786 £ 500 = $689.30
Record high tuesday 17th nov 2009 $1.6357 £ 500 = $817.35
just got back from work its been a long long day but its a

$1.60 day :cool1:
 
today rate at thomas cook online $1.6000
£500 = $800.00
UP $ 7.50 since last since Friday
Record low monday 17th may 2010 $1.3786 £ 500 = $689.30
Record high tuesday 17th nov 2009 $1.6357 £ 500 = $817.35
looks like they are doing a special this week 4 days in row of $1.60 to £

:)
 
Quite suprised M&s rate was 1.58 on saturday as well. They used to be the best high street place but now not tht good compared to others. I always used them. Looking good les. Feel sorry for a US friends though.
 
Please can someone explain what this debt crisis in the US will mean to the exchange rate. Now they have reached an agreement does that mean the rate will drop and we will get less dollars for our £'s. Just wondering whether to transfer some more money before it drops.
 
Please can someone explain what this debt crisis in the US will mean to the exchange rate. Now they have reached an agreement does that mean the rate will drop and we will get less dollars for our £'s. Just wondering whether to transfer some more money before it drops.

Bottom line, no-one really knows. What makes stock markets & FX rates move is uncertainty, we are getting a little better rate than a month ago because of the slight uncertainty but what is happening is more or less what many experts expected, a last minute deal so its been worked into the market, a slightly better rate for us but no collapse of the $. Once a deal is final the rate could drop back a little but doubt it will make a massive difference, they are still in a financial mess.
 
Thanks Wayne. I had the same question as Kazdav.

I just loaded my FairFX card again on Saturday and was pleased with £1.615

I don't sweat a drop of a few cents. Unless you load a substantial amount in one go, the difference is still so nominal. I am quite pleased with the rate as it is. Of course I don't mind it going up but I must be a bit odd in that to me, 1.58 and 1.62 is all pretty much the same thing.
 
My hubby told me not to get to hung up about a few cents but when I first got my citicard the rate was around 1.60 then it dropped. The difference between 1.55 and 1.63 when transferring £1500 is about $130 which is a meal out. I transferred £500 a week or so ago and got 1.63 and have just transferred another £500 and waiting for that to land tomorrow. Just debating whether to transfer £1500 in one go whilst the rate is still good. Decisions!
 


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