We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

New Zealand Dollars - Exchange and interest advice please.

1246

Comments

  • pimento
    pimento Posts: 6,243 Forumite
    Part of the Furniture 1,000 Posts
    I'm hovering over the phone at the moment... :O
    "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair
  • stv1x
    stv1x Posts: 69 Forumite
    pimento wrote: »
    I'm hovering over the phone at the moment... :O
    Well you've made £325 in two days by waiting.......it's like playing the game of 'chicken'....but don't get too greedy :D
  • pimento
    pimento Posts: 6,243 Forumite
    Part of the Furniture 1,000 Posts
    I have an amount in mind and when it hits that I will go for it and then never, ever look at the exchange rate again.. LOL
    "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair
  • stv1x
    stv1x Posts: 69 Forumite
    pimento wrote: »
    I have an amount in mind and when it hits that I will go for it and then never, ever look at the exchange rate again.. LOL

    Exactly what I said to myself.....unfortunately, two years later, it's at the other end of the scale and I'm having to watch it daily! ;)
  • AshleyECFX
    AshleyECFX Posts: 11 Forumite
    Hi, this thread is really interesting.

    GBP having really tough time at the moment. Im having a look at what happening for NZD - Trade balance coming out in a few hours and its down ahead of NZ Trade Results. With the recent improvements in the New Zealand economy, imports have held up rather well, which has been the main driver of the drop in the trade balance last month. However, a further decline in exports will hurt the case for a global economic recovery, and thus, a New Zealand economic recovery.

    Guys, what rates are you looking for? let me know I can alert you, if you like. my email ashley.ingle@excelcurrencies.com. If your gambling men/ women, perhaps hold on for friday if you feel GBP will get weaker still!

    Regards,
    Ashley Ingle,
    Excel Currencies
  • laffer
    laffer Posts: 145 Forumite
    and it continues its downward slide against the AUD and NZD. It has to bounce back against the NZD surely?
  • nzseries1
    nzseries1 Posts: 2,240 Forumite
    Yesterday I transferred all my savings from NZ to here. I figure GBP can't get much weaker - it's already at a 13 year low.

    I'm sure it will bounce back sometime in the next 8-12 months. But then, who am I to say? :D
    You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.
  • pimento
    pimento Posts: 6,243 Forumite
    Part of the Furniture 1,000 Posts
    Blimey! I can hardly watch.

    It's a bit like Deal or No deal. :)
    "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair
  • AshleyECFX
    AshleyECFX Posts: 11 Forumite
    NZDGBP still on the up - interbank rate - 0.421 (2.3750)
  • AshleyECFX
    AshleyECFX Posts: 11 Forumite
    nzseries1 wrote: »
    Yesterday I transferred all my savings from NZ to here. I figure GBP can't get much weaker - it's already at a 13 year low.

    I'm sure it will bounce back sometime in the next 8-12 months. But then, who am I to say? :D

    Hi Nseries, im interested, may i ask at what rate? who did you go through?

    Ashley Ingle
    Excel Currencies
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture