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Credit Crunch and Money

Anyone know would it be cheaper if you were to convert your money to another currency and pay for your holidays would you save, i know you might say all prices are calculated the same but what if i bought US$ or another currency one thats booming japanese yen or one that is very low but about to recover for instance now and sat on it for a few months would it be better. sorry if i am confusing you but trying to explain what i am thinking sometimes does not come out the same on paper. :o
The solving of a problem lies in finding the solvers.

Comments

  • richardw
    richardw Posts: 19,470 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    er....I seriously doubt it.
    Posts are not advice and must not be relied upon.
  • Inactive
    Inactive Posts: 14,509 Forumite
    If you can foresee the way any currency is going, please tell us all, we can all retire then.. :D
  • whatusername
    whatusername Posts: 894 Forumite
    Part of the Furniture Combo Breaker
    balloo wrote: »
    Anyone know would it be cheaper if you were to convert your money to another currency and pay for your holidays would you save, i know you might say all prices are calculated the same but what if i bought US$ or another currency one thats booming japanese yen or one that is very low but about to recover for instance now and sat on it for a few months would it be better. sorry if i am confusing you but trying to explain what i am thinking sometimes does not come out the same on paper. :o

    This time last year having the hindsight to see what happened yes but not now, if anything it would cost you more.

    Im pretty sure if everyone knew the £ would drop to circ $1.30 then we would all have changed our savings last year and cashed in this year.
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