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New Zealand Dollars - Exchange and interest advice please.

1235

Comments

  • nzseries1
    nzseries1 Posts: 2,240 Forumite
    AshleyECFX wrote: »
    Hi Nseries, im interested, may i ask at what rate? who did you go through?

    Ashley Ingle
    Excel Currencies

    I went with HiFX, for no other reason than I've used them twice before and already have an account set up with them.

    They gave me a rate of 0.4160 which was much better than my bank ASB Bank in New Zealand who would only give me 0.4111.

    I don't mind if the pound gets a bit weaker, I've already made a profit anyway because I originally sent the money to NZ from here back in March when the rate was 0.3509.
    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.
  • Apparently marsupial weakness is part of the pullback in chinese spending however Im not sure who would fall further the pound or them so I dont know if the rate will improve in brits favour but I would guess a swing back to more bias to the pound happening in the next cycle I think


    series, What kind of percentage profit did you gain from march till now in your dealing.
  • pimento
    pimento Posts: 6,243 Forumite
    Part of the Furniture 1,000 Posts
    B'jesus, look at the NZ$ rate this morning.

    I went too soon... :eek:
    "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair
  • pimento
    pimento Posts: 6,243 Forumite
    Part of the Furniture 1,000 Posts
    2.31 :eek:
    "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair
  • pimento
    pimento Posts: 6,243 Forumite
    Part of the Furniture 1,000 Posts
    Gah! 2.26 this morning. I definitely went too soon!!

    I must stop looking at the rate. :mad:
    "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair
  • zxof
    zxof Posts: 15 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    wow im not the only one :) sold half of my nzd savings @ 2.36 but now not sure what to do with the other half
  • laffer
    laffer Posts: 145 Forumite
    This is insane. Surely it is going to pop!
  • bendix
    bendix Posts: 5,499 Forumite
    I have a lot of cash over there too. Am sorely tempted to have a trigger point sale, and sit on it in the UK, hoping for a fallback. I've never seen rates like this before.
  • pimento
    pimento Posts: 6,243 Forumite
    Part of the Furniture 1,000 Posts
    I know, I know...

    Deep breath.
    "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair
  • bendix
    bendix Posts: 5,499 Forumite
    how much did you bring over, pimento? what sort of exposure are we talking about here?
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