pounds to dollars

[caroline]

anyone know where the best place to exchange pounds to dollers, and know a good site that shows when it is a good time to change my money.

[sir_drinks_alot]

Try here

Post office.

[jrhnewark]

www.xe.com/ucc is what I use.

It won't tell you when to trade, but it's fairly easy to tell if you keep an eye on things - I couple of months ago probably would've been a little better than now.

[caroline]

thanx for the replys

Originally Posted by caroline

that shows when it is a good time to change my money.

That was about 7-10 days ago!

It reached a high of about $1.8 and is currently on a downward trend from $1.77

Trouble with waiting for it to max out before you buy is that the only way you know it's max'ed out is when it's going down again!

Unless you're into currency speculation, my answer would be to watch the price (and listen to the news - a bad day for America is a good day to buy dollars) and buy a bit when it looks good, until you've got your holiday cash budget sorted.

If, on the other hand, you're looking to get rich, the buying and selling is going to have to be done in large numbers for it to make a significant difference.

P.S. in my current job I get the chance to watch it minute by minute - I think it only makes it harder to decide when. It's ever so tempting to wait for the price to go up another $0.001...

[Wicked_and_Crazy]

www.travelex.co.uk if you want the best rates but you have to complete the transaction online and pick your dollars up at the airport. I used this in August and it worked fine.

If you dont want to do it online then go to marks ad spencers as they are usually the next best

[caroline]

Hi

im going to florida in 3 weeks , so it will have to be fairly soon.

[Mr_love_monkey]

Depending on where you are, you'll often get a better deal at this little places on the high street, away from any of the big chains - for example in London Victoria there's 2 places I know of that are really good.
I was looking at Euros today, and one of them was doing it for 1.431 - where as other (big chain) places were doing it for anywhere between 1.39 and 1.41

[Hom3r]

The Post Office Doesn't charge any comission, when you buy or sell.

If it does it better than anybody else

[Wicked_and_Crazy]

Originally Posted by david.ewles

The Post Office Doesn't charge any comission, when you buy or sell.

If it does it better than anybody else

commission is added into the exchange rate

[Julian]

If you are applying at a post office, only the larger offices will actually hold your currency in stock.

Smaller branches will be able to order your currency to arrive within 2 working days.

I'll check on my system to see what the rates are in the morning.

[Mick]

I usually use Reuters for conversion.... Updates usually every 20 minutes.

http://today.reuters.co.uk/Investing...es.aspx?src=dg

[Wicked_and_Crazy]

Originally Posted by Mick

I usually use Reuters for conversion.... Updates usually every 20 minutes.

http://today.reuters.co.uk/Investing...es.aspx?src=dg

theyre not travel exchange rates

please change the spelling in the thread title