US ($) Currency Thread 2

newish2this

I've just got back from Florida and always just take cash as I can't be bothered with the faff of carrying my passport around to exchange cheques. I got $1.65 when exchanged and was happy with that especially as I only got $1.47 a couple of years ago

jackieblack

Not much happening this last week

1.61280

neilbond007

Better the last couple of days. Rebounded from 1.6050 to 1.6321

sabretoothtigger

On a bit of a run, how long can it last

Sterling Index At 1300 GMT
 
      (JAN 2005=100)     INDEX      GBP/USD     EUR/GBP 
     PREVIOUS CLOSE      80.4       1.6269      0.8649 
               OPEN      80.2       1.6289      0.8693 
              10 AM      80.2       1.6287      0.8692 
               NOON      80.2       1.6310      0.8688 
               2 PM      80.3       1.6347      0.8679 
               4 PM 
 
May 26, 2011 09:00 ET (13:00 GMT)

*pinkchick*

I have to admit I dont understand more than half of what seems to be posted on this thread So this question may have already been answered but can anyone tell me the best place to get my dollars from? Im going in 3 weeks and will be away for a month so Im really hoping for a good rate as ill no doubt spend a fortune!
I'll probably want over £1000
Am I better getting cash or some kind of travellers cheque?
Thanks!

jackieblack

*pinkchick* wrote: »

I have to admit I dont understand more than half of what seems to be posted on this thread So this question may have already been answered but can anyone tell me the best place to get my dollars from? Im going in 3 weeks and will be away for a month so Im really hoping for a good rate as ill no doubt spend a fortune!
I'll probably want over £1000
Am I better getting cash or some kind of travellers cheque?
Thanks!

Martin has written an excellent article, have a look here

It depends how comfortable you are carrying that much cash.
You definitely need some cash and if you get travellers cheques make sure you get $ ones, you can spend tham like cash in shops & restaurants and if the value of the TC is more than the bill you'll get your change in cash. Some people have reported problems with some establishments not accepting TC, but I have not had this problem. I'd say it depends where you're going, if it's a big tourist area like Florida, probably not a problem but if not, possibly more so.

If you have a CC that doesn't charge massive fees (see Martin's article again) you could use that.

Iwork2shop

I've just bought some dollars this morning from Thomas Cook and the exchange rate I got was $1.60 for £1.00. I've been watching the rate for a while now and it dropped to 1.57 only a few days. 1.60 seems a great rate!

MilikaUkr

Not sure if it's the right thread to post my question in... but does anyone know what would be the best place to sell american dollars??

I checked banks but the rates don't seem good... Is there anywhere else I could go?

The amount is around 10K

Thanks in advance!

Baldur

MilikaUkr wrote: »

The amount is around 10K

The best buyback rate currently shown on TravelMoneyMax is 1.656 ($10,000=£6,040) from Thomas Exchange Global.

sabretoothtigger

Sterling Index At 1300 GMT
 
      (JAN 2005=100)     INDEX      GBP/USD     EUR/GBP 
     PREVIOUS CLOSE      80.6       1.6462      0.8662 
               OPEN      80.6       1.6544      0.8690 
              10 AM      80.3       1.6502      0.8729 
               NOON      80.3       1.6503      0.8728 
               2 PM      80.2       1.6469      0.8736 
               4 PM 
 

May 31, 2011 09:01 ET (13:01 GMT)

Sterling Index At 1100 GMT
 
      (JAN 2005=100)     INDEX      GBP/USD     EUR/GBP 
     PREVIOUS CLOSE      79.3       1.6334      0.8840 
               OPEN      79.3       1.6358      0.8855 
              10 AM      79.1       1.6326      0.8875 
               NOON      79.0       1.6308      0.8886 
               2 PM 
               4 PM 
 

June 03, 2011 07:01 ET (11:01 GMT)