Exchange Rates

[Cruella DeVilla]

<blockquote id="quote" class="ffs">quote:Originally posted by Val
Hi Susan,
I bought Tuesday of this week from Lloyds and bought at $1.83.
[/quote]

You should try a broker next time, this week you should be getting at least 1.9. When the rate was 1.85 we got 1.83 from our broker.

[SunLover]

Yep...with a broker you will get a commercial rate, not the regular tourist rate.

[Magical Dreams]

Every penny counts in this game expecially if you are buying a villa!!

The rewards can make quite a difference!!
But obviously it has the opposite effect if you are changing your money the other way around!!
From $ to £


[msncry]

Hopefully we won't have to do that for quite a while!

[DarrenShort]

Yes, it will be a bit painful if you need to convert from $ back to £ at the moment....

[marksd]

I was talking to an owner of a camera shop on i drive 3 weeks ago and he stated that his accountant had advised him to buy as much sterling as he could afford as the exchange rate will reach $2.40 by April 2005. Judging by the current exchange rate rise this may well be a true statement.

[Nostromo]

<blockquote id="quote" class="ffs">quote:Originally posted by marksd
I was talking to an owner of a camera shop on i drive 3 weeks ago and he stated that his accountant had advised him to buy as much sterling as he could afford as the exchange rate will reach $2.40 by April 2005. Judging by the current exchange rate rise this may well be a true statement.
[/quote]

Wow! I'm going in May and any rate above $2 will be great news. In fact, I've only paid a 10% deposit on all hotel bookings and the rest is due to be settled at the time of checkout. The exchange rate situation should suit me fine, then. [beer][beer]

[sandra777]

Which online broker do you use

[Nostromo]

<blockquote id="quote" class="ffs">quote:Originally posted by sandra777
Which online broker do you use
[/quote]

My wife and I are members of Wexas, which a lot of professional people seem to do. Members get discount flights, hotels and car hire. Hotel deals are usually the best with Wexas.

But I hasten to add that they are NOT as good as OV for visits to Orlando / Central Florida and in any case, Wexas do not do villas.

[Katys Grandad]

No disrespect to the camera shops owner's accountant but the March 2005 £/$ futures contract is quoting $1943 today so it seems the market doesn't see $2.40 in April. As an active trader in currencies my advice would be to wary of "a mate of a mate's" advice. Beyond that point I have learnt from bitter experience not to give financial advice unless you want to lose every friend you've got!

[Mo Green]

Drew out cash in Florida yesterday with my Nationwide card (no charges for drawing foreign currency) and got a rate of $1.92.