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Converting pounds to New Zealand dollars

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I'm looking to convert some pounds to NZ dollars. I'm prepared to wait as long as it takes for the rate to be very favourable.

What could I expect it to get up to?

1GPB = $2.90NZD ?

Comments

  • ad44downey
    ad44downey Posts: 2,246 Forumite
    I can't think you'd get anywhere that much, where did the 2.90 figure come from?
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • Has happened a couple of times in the last 15 or so months..
  • The pound has fallen alot recently. You might never see that rate of exchange ever again
  • crockpot
    crockpot Posts: 631 Forumite
    Hi

    www.xe.com has nz dollars at 2.85 at mo which is good now.

    I did manage to get $3 to the £1 just over 2 years ago!

    We are going to NZ in the new year and not sure if to buy some dollars now or wait.

    Sure that when I booked some flights with air nz link in may I only got 2.6 or might have been less.
  • digerati
    digerati Posts: 533 Forumite
    Part of the Furniture Combo Breaker
    You might get a better rate after the 23rd October 2008 when the next meeting of the Reserve Bank of NZ decides how much to cut interest rates. Most pundits expect 75 - 100 basis points. Also the NZ Labour Party said if re-elected they will guarantee 100% off all retail bank deposits.
    "Money is truthful. If a person speaks of their honour, make sure they pay in cash."
  • Lynt_3
    Lynt_3 Posts: 235 Forumite
    I just converted £5000 to NZ dollars for my mum who is flying out to stay with my brother for 6 months. She is planning on having a ball while out there!
    I got just shy of 2.8, which didn't seem too bad. Might have been worth waiting a bit longer though. So difficult to judge isn't it.

    I've been watching here http://www.moneycorp.com/currencies/index.cfm?currency=nzd&source=google&kw=to%20nz%20dollars
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