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Thread: buying dollars

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  1. #1
    Florida Chatterbox
    Join Date
    Jun 2004
    Posts
    262

    buying dollars

    hi guys just wanted your opinion, i am going to Orlando in October and was looking at the exchange rate, it looks quite good at the mm should i in your opinion buy some dollars now and then more later i was thinking of buying some each month (PAYDAYS) or should i save until closer to the time and buy all at once.
    I was going to use Thomas cook or equivalant, what do you suggest.
    Thanks
    C


  2. #2
    Gold 5 Star Member
    Join Date
    Jun 2003
    Posts
    4,015
    People seem to think that the exchange rate is now rallying slightly in favour of the dollar after a prolonged slump. If that is indeed the case, it seems better to buy now (and get a better rate) than later, when the dollar may have recovered further.
    Nostromo


  3. #3
    Gold 5 Star Member
    Join Date
    May 2003
    Posts
    3,273
    I would buy some now and then on paydays, this way you can hedge your bets.
    Chrisj


  4. #4
    Florida Savvy
    Join Date
    Mar 2004
    Posts
    117

    You need to factor in to calculations any commission charges that you might have to pay on each transaction, if you do pay commission it will mount up if you buy on paydays.
    Barry


  5. #5
    Florida Newbie
    Join Date
    Jan 2004
    Posts
    43
    M&S have a great rate for the dollar at the moment 1.79, and you can buy on line, no commision and free delivery over £500 (next day)
    Terry and Linda


  6. #6
    Gold 5 Star Member
    Join Date
    May 2003
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    3,273
    Nationwide do the same, no commission and deliver to your door
    Chrisj


  7. #7
    Florida Newbie
    Join Date
    May 2004
    Posts
    15
    <blockquote id="quote" class="ffs">quote:Originally posted by carrie
    hi guys just wanted your opinion, i am going to Orlando in October and was looking at the exchange rate, it looks quite good at the mm should i in your opinion buy some dollars now and then more later i was thinking of buying some each month (PAYDAYS) or should i save until closer to the time and buy all at once.
    I was going to use Thomas cook or equivalant, what do you suggest.
    Thanks
    C
    [/quote]There is more on this topic under 'Exchange rate rallying?' in this forum.


  8. #8
    Gold 5 Star Member
    Join Date
    Jun 2003
    Posts
    3,195
    Same with LLoyds ! buy on -line and no commission !
    Jean


  9. #9
    Florida Expert
    Join Date
    Mar 2003
    Posts
    726
    Travelex today have a rate of 1.798. No commission charges and pick-up at the airport.

    In all of these on-line offers you need to remember that you will be charged a fee on your credit/debit card for cash transactions.

    Matt
    Matt

    http://www.orlandovillas.com/villas/602.aspx


  10. #10
    Gold 5 Star Member
    Join Date
    May 2003
    Posts
    3,273
    Not if you use a nationwide debit card, its free with them
    Chrisj


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