1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. Welcome both old friends and new to the all new Walt Disney Secrets :-D Please take a moment to say hi

dollar rate

Discussion in 'Walt Disney World' started by Tom Morrow, Mar 2, 2013.

  1. Tom Morrow
    Offline

    Tom Morrow Imagineer

    Joined:
    May 20, 2009
    Messages:
    65
    Likes Received:
    1
    Trophy Points:
    6
    just looked at how bad the pound rate is right now not even 1.5 dollars to the pound does anyone know if it'll go up or should I buy now
     
  2. Wendy
    Offline

    Wendy A hui hou kakou makuakane Staff Member Administrator

    Joined:
    Jun 30, 2008
    Messages:
    23,473
    Likes Received:
    768
    Trophy Points:
    113
    Location:
    In Neverland
    Unfortunately with the way the economy is at the moment, no-one really knows what will happen :sigh: There is a chance it could drop a little further but then again it might rise, if you are worried about it dropping further, then you could take the chance and buy now, but then if it does rise you will kick yourself.

    The other thing is with all the cost saving that has come into force in the US, the dollar may weaken in the coming months which will be good for people visiting, but no so good for our friends in the US.

    My husband always says that for the amount of money we take with us the odd 10 cents here or there doesn't really make that much difference, but I must admit I will wait until hopefully it rises above $1.50 again.
     
  3. keith
    Online

    keith Camera nut Staff Member Administrator Forum Host

    Joined:
    Jun 14, 2008
    Messages:
    20,015
    Likes Received:
    539
    Trophy Points:
    113
    Location:
    United Kingdom
    In truth, I think that's what we have to remember. It's depressing when it's so low but realistically for $1000 or something it doesn't matter enough to worry about

    From the US side, we need to see what happens with budgets as always. From the UK side, we need to see if the bank increases interest rates and if they increase quantitive easing measures. If interest rates go up, that may well strengthen the £ but the bank putting lots more money into the economy will lower it. Soooooo REALLY could go either way right now ;(
     
  4. Wendy
    Offline

    Wendy A hui hou kakou makuakane Staff Member Administrator

    Joined:
    Jun 30, 2008
    Messages:
    23,473
    Likes Received:
    768
    Trophy Points:
    113
    Location:
    In Neverland
    I can't see them raising interest rates it's a double edged sword, weren't they talking about negative rates a while ago :unsure:

    Agree about more QE that will not be good :sigh:
     
  5. keith
    Online

    keith Camera nut Staff Member Administrator Forum Host

    Joined:
    Jun 14, 2008
    Messages:
    20,015
    Likes Received:
    539
    Trophy Points:
    113
    Location:
    United Kingdom
    Very definitely a double edged sword but I'm not sure they can avoid it for long tbh.

    yeah :( I think they're talking about this next week?
     
  6. Britchick
    Offline

    Britchick Cast Member

    Joined:
    Jun 29, 2008
    Messages:
    15,396
    Likes Received:
    517
    Trophy Points:
    113
    Gender:
    Female
    If the dollar was higher you'd be paying more somewhere else to be sure, I'd rather it be on luxuries like holidays rather than essentials like mortgage payments that's for sure!
     
  7. Slowhand
    Offline

    Slowhand Cruise Director Forum Host

    Joined:
    Jul 29, 2008
    Messages:
    5,770
    Likes Received:
    156
    Trophy Points:
    63
    Gender:
    Male
    Location:
    Staffordshire U.K.
    Yep, unless you intend spending LOADS of money "over there", a few cents up and down makes little difference [that said, I do recall the rate being over $2 to the GBP many years ago, and boy were things cheap in the US to us Brits then. :yes:]

    I`m just glad that we opened a US bank account when we bought our villa because as soon as we step off the plane now we think in dollars, irrespective of the exchange rate.
     
  8. keith
    Online

    keith Camera nut Staff Member Administrator Forum Host

    Joined:
    Jun 14, 2008
    Messages:
    20,015
    Likes Received:
    539
    Trophy Points:
    113
    Location:
    United Kingdom
    yeah that's a trick I'm still missing. Mainly because they charge for bank accounts generally :/ but I really do need to get one opened
     
  9. Suebeattie
    Offline

    Suebeattie Addicted to Mickey

    Joined:
    Apr 17, 2011
    Messages:
    904
    Likes Received:
    26
    Trophy Points:
    28
    Location:
    Wickford, Essex
    We're going to buy some soon and then get some more closer to the time. That way if it goes up or down it wont matter too much. Hoping it goes up but doubt that will happen.

    :wiggle:
     
  10. Slowhand
    Offline

    Slowhand Cruise Director Forum Host

    Joined:
    Jul 29, 2008
    Messages:
    5,770
    Likes Received:
    156
    Trophy Points:
    63
    Gender:
    Male
    Location:
    Staffordshire U.K.
    Keith, so long as I keep a minimum amount in my account [not quite sure how much, but it ain`t a fortune :unsure:], I don`t get any charges. :thumbsup:
    It sure is worth considering if you are a regular visitor to the States. :yes:
     
  11. uscwest
    Offline

    uscwest Senior Cast Member

    Joined:
    Jul 26, 2008
    Messages:
    7,904
    Likes Received:
    260
    Trophy Points:
    83
    Gender:
    Male
    Location:
    Woodbridge, VA
    You mean like 2007? Yeah, we felt it when we were there.

    Sent from my DROID RAZR using Tapatalk 2
     
  12. arkvilla
    Offline

    arkvilla Addicted to Mickey

    Joined:
    Jul 6, 2009
    Messages:
    2,305
    Likes Received:
    13
    Trophy Points:
    38
    Gender:
    Female
    Location:
    Romford, Essex
    We have an account and don't pay any charges, our account is with Wells fargo

    Sandra
     

Share This Page