Saturday, April 21, 2012

pound still falling

at tesco today 拢1 got you $1.39 its getting serious could make me think of a all inclusive holiday this year as food price will hit your pockets



pound still falling


it is frightening - considering at one point we were getting nearly 2$ to the pound! our holiday money is not going to go as far this year!



pound still falling


Does anyone know of the predicted rate for September/october time? I suppose I would be happy if i got around $1.60 other wise it will also be tight this year!




Crown currency are offering $1.47 for July 09 to Mar 10 so thats pretty indicative of where they think the rate is going - I%26#39;m going out in May but I%26#39;m going to hang on for as long as possible before I buy any dollars whether thats wise or not only time will tell!!




There isn%26#39;t really a predicted rate. some experts say higher, some say lower. It is a mugs game really.





If your savings that you will be using as spending money is sitting in an account hardly earning any interest, look at Crown Currency%26#39;s rates for when you are going. You could use half your cash to buy some dollars now for delivery then and will get more than todays rates. Then use the other half to get money out at an ATM when you are there. That way you hedge your bets. If the pound strengthens you won%26#39;t lose too much, and it it falls further you will have gained a better rate for half your stash. Given the time until you go, you could do this even more times, splitting your cash into 500gbp amts and getting some every few months starting now, leaving the last 500 to be gotten out there as atm cash.




There isn%26#39;t really a predicted rate. some experts say higher, some say lower. It is a mugs game really.





If your savings that you will be using as spending money is sitting in an account hardly earning any interest, look at Crown Currency%26#39;s rates for when you are going. You could use half your cash to buy some dollars now for delivery then and will get more than todays rates. Then use the other half to get money out at an ATM when you are there. That way you hedge your bets. If the pound strengthens you won%26#39;t lose too much, and it it falls further you will have gained a better rate for half your stash. Given the time until you go, you could do this even more times, splitting your cash into 500gbp amts and getting some every few months starting now, leaving the last 500 to be gotten out there as atm cash.




burp! how did that happen lol

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