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I wish I HAD bought some euros 2 weeks ago. Was lulled into a false sense of (vague) security by certain people on here saying the risk of no deal was already built into the fall of the pound in July 2016.
A coffee in Denmark just cost me nearly a fiver. Cheers Brexiters
Originally posted by ruthcain1
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Well you'd have lost out big time since you'd first have converted your Pounds to Euros, and then converted those to Danish Krone, probably losing about 10% overall. Near miss.
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Appears that was totally wrong, then. I see that even the Daily Express is now taking on a panicky tone about the fall of plucky old sterling.
Originally posted by ruthcain1
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For values of "totally wrong = 1% "
The Daily Express does nothing
but a panicky tone.
And FWIW if you had, lets pluck a sum out of thin air and say that you have £100k in your pension fund, and the pound has similarly fallen against the dollar as the Krone and the Euro, your pension fund would have risen roughly half of that 1%, eg £500.
Lets say you also took £1,000 on holiday. Had you changed it earlier you would have £10 more. Making you overall £490
better off.
Happy days. Have a double shot latte next time.