GBP Exchange Rate Help!

th3p4rk2

Hiya all,
Thanks for taking the time to read my thread, I really hope one of you can help me!

I am going backpacking in about 6 weeks (November 11th) and will be travelling through India, Nepal, HongKong, Laos, Vietnam, Cambodia, Singapore, Thailand and then over to Australia to work and travel for a year.

I have just been looking at exchange rates for the GBP and they are at an all time low and having searched 'GBP exchange rate forecasts' into google it looks like they are just going to continue going down as I travel.

Does anyone have any ideas how I can get the most out of my GBP?

Could I convert it all to say US$ or Australia $ now which seem to be going up in value so I don't lose any more value on the £ as it continues to go down?

Any help would be much appreciated!

Thanks in advance,

Antony

dzug1

You can convert it to whatever you want.

Bear in mind that you will incur costs in doing so which may well be more than any saving on exchange rates

Whether it would be worth it - impossible to tell.

Donnie

th3p4rk2 wrote: »

Hiya all,
Thanks for taking the time to read my thread, I really hope one of you can help me!

I am going backpacking in about 6 weeks (November 11th) and will be travelling through India, Nepal, HongKong, Laos, Vietnam, Cambodia, Singapore, Thailand and then over to Australia to work and travel for a year.

I have just been looking at exchange rates for the GBP and they are at an all time low and having searched 'GBP exchange rate forecasts' into google it looks like they are just going to continue going down as I travel.

Does anyone have any ideas how I can get the most out of my GBP?

Could I convert it all to say US$ or Australia $ now which seem to be going up in value so I don't lose any more value on the £ as it continues to go down?

Any help would be much appreciated!

Thanks in advance,

Antony

US$?/ Are you mad? Best to leave things alone.

Voyager2002

The pound sterling is a very long way from being at an all-time low.