Exchange Rates

[Magical Dreams]

Today's Business Rates are:-

Morning Market Rates

GBP/EUR: 1.4421
<span style="color:red">GBP/USD: 1.9165 </span id="red">

[keith-jacqui]

Today,s rate on XE.Com is:

1.94171 USD

Our daughter is thinking of buying dollars now for her trip in March.

Keith & Jacqui

[adh619]

I have bought in @ this rate but think it will go higher, either way you cannot lose considering when we signed it was at $1.66[msnsmile2]
Tony

[Phil and Mel]

Well, I've certainly missed the boat....just checked on my bank's ex rate and it is quoting 1.80 to the GBP [msnmad][msnmad][msnmad][msnmad][msnmad][msnmad]

[jolliffee]

The forcast is for it to track very close to 2004, the current drop was caused by the prospect of the US rate going up.

[ravtino]

So I am right in thinking it may go up again??

[jaynekent]

Should I wait for feb trip or buy now?, really undecided as i thought it would remain high.

[Katys Grandad]

It's very difficult to predict short-term movements in currency rates so if it's for February you might as well buy now because there probably won't be much movement in the meantime.

You need to bear in mind that a cent or so movement doesn't make significant differences unless you're exchanging large amounts such as for a property purchase. For example, the difference on £2000 at $1.80 against $1.82 is just $40 - worth having but in the great scheme of the total holiday cost probably not something to lose sleep over.

[hurricanesarah]

The exchange rates in Atlanta Georgia just before I left today were $2.09. That's what they were offering there.

[Robert5988]

<blockquote id="quote" class="ffs">quote:The exchange rates in Atlanta Georgia just before I left today were $2.09. That's what they were offering there.[/quote]

That must have been buying £1 for $2.09 not getting $2.09 for £1