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Strong pound effecting my foreign currency savings

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  • VXman
    VXman Posts: 659 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    edited 21 February 2021 at 12:38PM
    kinger101 said:
    Can't believe you've left it so long.  Nobody can predict exactly where the currency would move, but my inkling would have been to transfer ASAP with the pound being relatively weak. 
    Based on my experience of regular transfers over the period from Jan 2018 to July 2020 it was actually comparatively quite a poor rate in September/October when I received the money, so I think I was quite sensibly thinking it would recover. I guess I honestly didn't expect things to move in this direction in the middle of a pandemic and Brexit having properly taken place. Shouldn't have listened to all those remain doom mongerers   :D
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