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I would be very careful when deciding on this! We settled on our UK house in November 2007, the exchange rate was about 2.37, we did not really know about exchanging money etc, and thought it safer to leave in the UK until needed in Oz. Web looked into changing some of it in Dec, when the exchange rate was 2.32, but stupidly (we realise now!) we listened to people who tipped it to go up at the end of January, as we all now know that was a big mistake.
We now have to exchange the bulk of our money to settle on land here, and whilst we have (still) been waiting for it to go up it has gone down further, we have 'lost' about $55,000.
I don't think it will go up again, just keep falling!!
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Visa granted 2/11, got here 1/2/08
GOING HOME 30/6
Dave (electrician) Lisa, Holly 5, Samuel 3
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