[Closed] Fecking value of the £ !!

Yep, I saw that as well 😯

When my folks emigrated about 10 years back, it was about 3 bucks I think. It's going to be an expensive holiday for me next year 🙁

Yeah yeah yeah - try going the other way - it hurts just as much !

How does it? If £1 is now only costing you $2 instead of $3?

Ahhhh. Another in the long list of reasons to avoid going to Australia!

on the bright side i move from spain to uk on a month 😀

Well **** me you can do the maths well done Einstein.

I'm talking NZ $, yes it has improved from the painful days of almost $3.2 = 1 pound but even at the heady height just now of $2.5 to 1 when you earn $ and have to pay say the equiv of $9 for a beer etc it ****in hurts every single time. Yes your holiday may not be the bargain it once was.
Then consider moving back to the UK and taking everything you have saved and dividing it by 2.5.

1.98 is pretty much a low (1.97 lowest this year), it'll be back up to over 2.05 in a week or so (maybe), it probably won't go back to 2.70 like it was last october any time soon. the AUS is a risk driven currency, driven by speculation of a bounce back in the economy and the requirment in China for the commodities that it produces. All you need is some bad news from US and the AUS will take a bit of a dive, but i'd look to exchange any cash at about 2.09, unless you can afford to wait a bit.

Sucks don't it!

fontmoss - Member

on the bright side i move from spain to uk on a month

So you do not know we have been taken offer by an evil dictator called Von Brun who was once heralded as the 'Iron Chancellor' when world markets were going his way and then sold the family silver to bail out the banks when things got rough globally and will be closing down the NHS - welcome back! Hope you have adequate medical cover 😉

I'm with PeterPoddy though.

Well **** me you can do the maths well done Einstein.

Not me matey, my namesake asked that question. You were a bit rude in your reply though!

$9 for a beer etc it ****in hurts every single time. Yes your holiday may not be the bargain it once was.

Ouch! Luckily for me there is a garage full of homebrew waiting for me...

Then consider moving back to the UK and taking everything you have saved and dividing it by 2.5.

Better than dividing it by 3.2 though. You need to look on the bright side.

I'm with PeterPoddy though.

I think his missus would want to know about that!

For me, that's excellent news. I get more for my AU dollars now. I also work in mining in Australia, and things are recovering very well. What Global Financial Crisis? 😆

Well **** me you can do the maths well done Einstein.

Cheeky .........., I was genuinely interested in your answer! 😡

Suprise suprise - more cant from Tankslapper. Equating labour with Nazis is both clever and original don't you think

I suppose toryboy dave would never sell the family silver as his idol thatcher did in far larger ways - and the proposals he has which will destroy the NHS won't actually happen. £20 to visit your GP anyone?

Rich - my apologies, i hadn;t had my morning coffee ($5)
Theres other factors to consider other than xch rates - cost of living, local taxes, average income, the 'mac index' esp when going back from the NZ/Aus peso to GBP.
While 3.2 to 1 is intense (I managed to crack the famous $1000 meal that trip - paid for dinner with family and the NZ$ bill was over a grand - to put that into perspective that was a months rent at that point), 2.5 still hurts almost as much. Thats all i was trying to say.

Handbags ladies..

Simple Question: Am I best transfering some of my AU$ savings over to the UK NOW then? ...or better waiting..?

Oh and stupid question: If I were to Paypal gift myself the money to my UK account, would that be cost-effective ? - given that Aussie banks happily charge for this service anyway...it's certainly less hassle for sure 😉

I noticed that Wiggle were quick with this. Trying to get us to spend our dollars while the pound is so weak.

Simple Question: Am I best transfering some of my AU$ savings over to the UK NOW then? ...or better waiting..?

If you have savings in AUS and want to put them in GBP then today would be a very very good day to do it, it's only 1% off the best price you'd get in the last 10 years, so the risk is to the upside (worse for you) of course currency is a speculative business, so it could get better, but if you knew that or what it was going to do you'd be a millionaire in a few weeks of currency trading.

Put it this way, if it was my savings in AUS i'd be more than happy swapping it to GBP today, or anything below 2.00!!!! last October if you had say 10K AUS you'd of got 3700GBP, today you'd get 5026GBP, that's quite a difference.

be quick thou, the SMP500 is set to drop 4/5% over the next couple of weeks apparently if you believe any of the analyists, that normally weighs on high risk currencies like AUS, which could have a sell off.

Of course if i knew exactly what is was going to do i'd be rich also, which i'm not 🙁

it makes it easier to pay off my shrinking student debt, huzzah!

Not fair, I got a warning for swearing (with a letter changed) when someone was being rude to me, yet **** is fine to write, strange. 😆

rich, i got banned a short while ago for "evading the swear filter" by writing shit. it's hardly evading if you write a fairly well-known word and it's not in the swear filter, is it? 😆

Haha, no it's not!

Oops, you've wrote it again! 😕

yeah i know, just long enough for you to see and to check if it still worked. 🙂

edit - except it took you too long - see you after another banning, then 🙁

Oh no, sorry.

Mitigating circumstances?

"I was just testing it guv!"

Lets not write on here any more and try and get it off the front page quick!! 😉

TJ - be calm when someone talks about about Brown in the negative, after all he will win the next election and you'll be so happy. Can see that it would upset having Browns Labour party confused with a socialist party. To my mind anyone who thinks they know better than everyone else, has fixed ideas, does not own up to failure, invades countries and runs a goverment fits the classic dictator mould. You just rise to it everytime, relax and enjoy the wonderful goverment we have.

PS Hows the tandem, was out on ours at weekend.

LOL at TJ the Labour Fanboy getting uppity!

😆

TJ's Brown tinted glasses, earlier today.

[img] [/img]

And it gets worse.... $1.936 AUD to the pound... bloody hell 🙁

I've just had a month in Aus and didn't find it too expensive. Beer is about the same but I hired a car for $19 a day with East Coast Car Hire, petrol is about $1.25 gallon, accomodation can be dirt cheap e.g. $26 in backpacker's. UGG boots are expensive.

I have no idea if $1.98 to the £ is good - I'm guessing that its at a low for the dollar to the pound, if so convert all your cash (back home) into £ then convert back as and when needed - even allowing for charges anything above $2.10 you'll be quids/dollars in

Or, you can keep making easy bets for me to win and forget about saving 😉

TJ, Gordon Broon, sold the family silver (gold actually) at a record low, losing the country Two bilion, another example of Nu Labours failure in govt.

i get tjs point this was a discussion about the pound and our current govmnt are obviously responsible in that area yet tankslapper jumps in and blames brown without attempting to acknowledge how our current vulnerbality came about
ie that brown was continuing the thatcherite business model (btw im not blaming thatcher before cfh starts its the name of the economic entity that was instigated during her term)- privatisation of nationalised services, finance over manufacturing, 'liberating' the pension pot, economic success over investment in social welfare- unecassary as wealth should trickle down, the latter being the only part of the doctrine nu labour didnt embrace
ultimately it comes round to the elephant in the tory room that they dont actualy have the bollocks or wit to offer anything different

thats my drunken rant over

Well am I the only one on here happy about the exchange rate £/€ then 😀

I get paid in USD, so the closer to parity the two get the better for me, a 25% change in the exchange rate can really **** yer up. Though luckily at the start of the year it was in my favour, it seems to be slowly going in the opposite direction at the moment and looks to be following the trend in the oil price, which conversely works in my favour. As that is what brings the $$$ in.