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Brexit (article 50) and currency

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Comments

  • Ningaloo
    Ningaloo Posts: 193 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    All I can say is that we luckily did a Road trip around the US last year. We used our Clarity card. We were in the US for the 5 weeks leading up to the referendum and received beneficial exchange rates @$1.50. We flew home the morning of the result.

    I calculated that the same holiday spending (hotels, petrol, food etc) on the Credit Card, at todays exchange rate, would be just over £1000 more.

    I am glad now we went when we did with hindsight.


    My advice is go on holiday and have a great time. Forget about the exchange rate. It wont stay in your memory very long compared to the memories you will make out there.
    Thank you to everyone who has helped me MoneySave
  • I'm with Lloyds and have a fairfx account so will have to check to see how they compare to other accounts
  • benjus
    benjus Posts: 5,433 Forumite
    Part of the Furniture 1,000 Posts
    Well, as a Remain supporter I have no doubt that the pound was overvalued. I suspect that it still is.

    Well, all I can say is that from a personal point of view I really hope you're wrong. The fall in the pound has hit me hard enough as it is.
    Let's settle this like gentlemen: armed with heavy sticks
    On a rotating plate, with spikes like Flash Gordon
    And you're Peter Duncan; I gave you fair warning
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