I got $1.43.23 yesterday at HIFX and the Bank Rate was $147.50. Not a lot of difference to when I sent $$$ over in February. I got $1.43 in February.
It's been up and down between about $1.38 & $1.49 this year. Today just about $1.47 but it stubbornly refuses to break the $1.50 landmark.
It's still a full 30% lower than last year but at least the staggering decline we've seen over recent months seems to have stalled for the time being.
This looks like the rate to me now. Over the last 3 months it has been anywhere between $1.38 and $1.44 (tourist rate) so this looks to me to be the new average and will probably be so for some time.
Great news if you have an income in dollars or a selling a home in dollars to transfer back.
Horrible if you are visiting, holidaying in America or planning to buy a home over there .
<blockquote id="quote" class="ffs">quote:Originally posted by FraserLynn
This looks like the rate to me now. Over the last 3 months it has been anywhere between $1.38 and $1.44 (tourist rate) so this looks to me to be the new average and will probably be so for some time.
Great news if you have an income in dollars or a selling a home in dollars to transfer back.
Horrible if you are visiting, holidaying in America or planning to buy a home over there .
[/quote]
I agree - we haven't seen much of the big daily swings up and down for a while so it seems to have settled in this range. I placed a hedging spread bet at $1.49 the other day and it's looking good for me so far.
(Cue massive change later today!!![msnwink])
Albeit very briefly, touched $1.50 this morning. It's fallen back a fraction but still over $1.49.
Time to order some of those lovely greenbacks I think!
The dollar is now $1.5002 so lets hope it keeps climbing [msnsmile2]
MAUREEN
www.onlinefloridavillas.com/villas/1683.aspx
<blockquote id="quote" class="ffs">quote:Originally posted by jaff
where you getting it at that rate?[/quote]They're the market rate so expect to get around 3-4 cents less at a retail exchange.
IF YOU USE THE CASH MACHINES DO YOU GET A BETTER RATE THAN THE TOURIST RATE WOULD BE AT HOME ON THAT DAY ?
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