US ($) Currency Thread 2

kronenbourg

neilbond007 wrote: »

1.6648. Had a bit of a spurt

maybe yeah but that rate is only if your in london and collect in person

anything over 1.60 is a good rate for anyone else

jackieblack

kronenbourg wrote: »

maybe yeah but that rate is only if your in london and collect in person

anything over 1.60 is a good rate for anyone else

I think you'll find most of the regular posters are posting the inter-bank rate (currently 1.64890) not the tourist exchange rate.

sabretoothtigger

Tourist will vary by who you go to, the rate here is basically the bulk rate for millions or more which is a more solid thing to quote

Sterling Index At 0700 GMT
 
      (JAN 2005=100)     INDEX      GBP/USD     EUR/GBP 
     PREVIOUS CLOSE      79.6       1.6648      0.8904 
               OPEN      79.4       1.6609      0.8920 
              10 AM 
               NOON 
               2 PM 
               4 PM 
 


May 03, 2011 03:01 ET (07:01 GMT)

Sterling Index At 1500 GMT
 
      (JAN 2005=100)     INDEX      GBP/USD     EUR/GBP 
     PREVIOUS CLOSE      78.7       1.6491      0.8999 
               OPEN      78.7       1.6480      0.8997 
              10 AM      78.7       1.6489      0.9010 
               NOON      78.8       1.6512      0.8997 
               2 PM      78.7       1.6541      0.9019 
               4 PM      78.9       1.6543      0.8997 
 


May 04, 2011 11:01 ET (15:01 GMT)

neilbond007

Not the best of weeks.
Dropped from a peak of just over 1.67 to 1.6370.

Have a good week y'all!

kronenbourg

jackieblack wrote: »

I think you'll find most of the regular posters are posting the inter-bank rate (currently 1.64890) not the tourist exchange rate.

i understand that i work in a exchange bureau so know the rates , i just think its pointless posting the higher rates as nobody on here can get them and newbies will get confused

the amount of people who i see on a daily basis saying the rate is higher in the paper then when i tell them its the bankrate they think i am ripping them off

sabretoothtigger

Unless they can get better elsewhere then its tough luck, they are not a bank or changing millions so they get the crap rate


I think stuff like credit card purchases would be done via a bank rate. Really depends who you go with. I used to get the bank rate on USA shares but they changed it so the flat fee is lower and the rate is now crap

jackieblack

kronenbourg wrote: »

i understand that i work in a exchange bureau so know the rates , i just think its pointless posting the higher rates as nobody on here can get them and newbies will get confused

What rate do you think should be posted then?
Different bureau de change rates vary so much that it would be impossible to post every rate available to holiday makers wanting to change their £ (although Martin has set up an excellent tool that does this - here http://travelmoney.moneysavingexpert.com/ ), but that is not what this thread is about.

And you can get these rates, or very close them, if you pay for your purchases in the USA with the right credit card.

To be honest, if 'newbies' take a bit of time to read the thread they should understand what is being posted. This thread has been running for years.

You are entitled to your opinion, if you think it's pointless don't bother reading or contributing.

the amount of people who i see on a daily basis saying the rate is higher in the paper then when i tell them its the bankrate they think i am ripping them off

Lots of people don't understand lots of things on the first occasion they have to do/use something - but they should only need it explained properly to them once and then they should know for the next time!

kronenbourg

jackieblack wrote: »

What rate do you think should be posted then? :j
Different bureau de change rates vary so much that it would be impossible to post every rate available to holiday makers wanting to change their £ (although Martin has set up an excellent tool that does this - here http://travelmoney.moneysavingexpert.com/ ), but that is not what this thread is about.

And you can get these rates, or very close them, if you pay for your purchases in the USA with the right credit card.:mad:

To be honest, if 'newbies' take a bit of time to read the thread they should understand what is being posted. This thread has been :Trunning for years.

:rotfl:
You are entitled to your opinion, if you think it's pointless don't bother reading or contributing.:eek:



Lots of people don't understand lots of things on the first occasion they have to do/use something - but they should only need it explained properly to them once and then they should know for the next time!

after reading your reply all i can say is get a life matey :rotfl:

jackieblack

:whistle: Anyway.....

For anyone who doesn't find this thread pointless.... 1.6314 - not going in the right direction

jackieblack

1.62960 - still falling