Guest Posted April 25, 2017 Share Posted April 25, 2017 So I have been closely watching the exchange rate over the past few days and it is creeping up slowly but surely. Currently in my app TransferWise rate is 1.7032. I'm looking to transfer some pounds into dollars (not a huge amount) and have been holding off and little bit. Anyone else watching with a finger on the do I / don't I submit button??! Quote Link to comment Share on other sites More sharing options...
bella1458 Posted April 25, 2017 Share Posted April 25, 2017 Yup, same here ! Quote Link to comment Share on other sites More sharing options...
Fisher1 Posted April 25, 2017 Share Posted April 25, 2017 1 hour ago, Ozzie said: So I have been closely watching the exchange rate over the past few days and it is creeping up slowly but surely. Currently in my app TransferWise rate is 1.7032. I'm looking to transfer some pounds into dollars (not a huge amount) and have been holding off and little bit. Anyone else watching with a finger on the do I / don't I submit button??! Yup, same here. Last slice I transferred I watched the rate for two weeks, rabbit in headlights style, then finally sent the dosh and the very next day it went up by about .25. - which seems like a lot these days. So next time it's going to be even harder to click on send Quote Link to comment Share on other sites More sharing options...
newjez Posted April 25, 2017 Share Posted April 25, 2017 (edited) 1 hour ago, Ozzie said: So I have been closely watching the exchange rate over the past few days and it is creeping up slowly but surely. Currently in my app TransferWise rate is 1.7032. I'm looking to transfer some pounds into dollars (not a huge amount) and have been holding off and little bit. Anyone else watching with a finger on the do I / don't I submit button??! Should go up a bit after the election. Assuming may wins. Edited April 25, 2017 by newjez Quote Link to comment Share on other sites More sharing options...
Guest Posted April 25, 2017 Share Posted April 25, 2017 4 minutes ago, newjez said: Should go up a bit after the election. Assuming may wins. I was hoping this would happen (and not) Quote Link to comment Share on other sites More sharing options...
Fisher1 Posted April 25, 2017 Share Posted April 25, 2017 I'd almost rather have a low exchange rate. Almost but not quite ... I'm not a martyr 1 Quote Link to comment Share on other sites More sharing options...
newjez Posted April 26, 2017 Share Posted April 26, 2017 1 hour ago, Fisher1 said: I'd almost rather have a low exchange rate. Almost but not quite ... I'm not a martyr It's not like we have much influence, despite the sovereignty granted us by brexit. The way I see it, if you can make money out of something undesirable, as long as you didn't cause it, it's okay. My pension has increased massively since brexit. I don't feel guilty about that one bit. 1 Quote Link to comment Share on other sites More sharing options...
Guest Posted April 26, 2017 Share Posted April 26, 2017 Oooo up to 1.7196 Quote Link to comment Share on other sites More sharing options...
bella1458 Posted April 26, 2017 Share Posted April 26, 2017 wow! Quote Link to comment Share on other sites More sharing options...
Guest Posted April 27, 2017 Share Posted April 27, 2017 1.7244 Quote Link to comment Share on other sites More sharing options...
doubter Posted April 27, 2017 Share Posted April 27, 2017 2.00 was always my benchmark and when it last went to that I got excited and exchanged pounds to my Oz bank account ? Don't know why haven't been there since 2010, the moment got hold of me ? Quote Link to comment Share on other sites More sharing options...
Guest Posted April 27, 2017 Share Posted April 27, 2017 I've set up an alert for 2.00 ..... here's hoping! Quote Link to comment Share on other sites More sharing options...
adele244 Posted April 28, 2017 Share Posted April 28, 2017 My Transferwise app has been getting some right action too!!! Do any of you so this?, I set up a transfer which is guaranteed for 24 hours, I don't actually transfer the money (as I have 24 hours at that rate) the next day if the rate has gone up, I cancel the existing one and set up a new one at the higher rate and basically everytime it goes up I cancel the old one. (Did explain that clear enough) By doing this I started a transfer at $1.71, kept cancelling it until it it reached $1.73 then the next day it had gone down so I completed that transfer as it was still guaranteed at $1.73 I agree though that it should go higher after the elections. Just wish it would go back to last year when it got to over $2.17 We can but hope........ 3 Quote Link to comment Share on other sites More sharing options...
newjez Posted April 29, 2017 Share Posted April 29, 2017 I would be very pleasantly surprised if it hits 2.00. I would be hoping for 1.80 though, maybe even overshooting towards 1.90 after the election. I may transfer some over for my next Australian trip then, as I would expect it to drop back after the election while they sort out the brexit details. (I'm guessing btw! I can't actually see the future!) Quote Link to comment Share on other sites More sharing options...
Guest Posted April 29, 2017 Share Posted April 29, 2017 Adele244 I didn't know you had 24 hours!!! Cheers will now do the same ?? Quote Link to comment Share on other sites More sharing options...
adele244 Posted April 29, 2017 Share Posted April 29, 2017 Yes definitely, the only difference is the app and the website. for some reason if you do it on the app it states you get 11 hours but the website says "rate guaranteed for 24 hours" So yes do it Ozzie!!!! Quote Link to comment Share on other sites More sharing options...
Guest Posted April 29, 2017 Share Posted April 29, 2017 5 minutes ago, adele244 said: Yes definitely, the only difference is the app and the website. for some reason if you do it on the app it states you get 11 hours but the website says "rate guaranteed for 24 hours" So yes do it Ozzie!!!! I just went on to do this (app) and it states 24 hours so they must have changed it recently, yay! Quote Link to comment Share on other sites More sharing options...
bella1458 Posted April 30, 2017 Share Posted April 30, 2017 I use World Remit, they don't hold the rate for you but they have much cheaper set fee of just 1.99 (sterling) per transfer, so not based on percentage of your transfer amount Quote Quote Link to comment Share on other sites More sharing options...
Guest Posted April 30, 2017 Share Posted April 30, 2017 Rate dropping a bit. @adele244 thanks to you I've locked in a good rate, cheers again! Quote Link to comment Share on other sites More sharing options...
Guest Posted May 1, 2017 Share Posted May 1, 2017 Did anyone end up transferring? I'm going through wait out the 24 hours and make a decision. Current difference from for me if I transferred now would be just under $16 difference. So not a huge deal... Quote Link to comment Share on other sites More sharing options...
gertyax1978 Posted May 4, 2017 Share Posted May 4, 2017 1.74 Quote Link to comment Share on other sites More sharing options...
Guest Posted May 5, 2017 Share Posted May 5, 2017 1.751 Quote Link to comment Share on other sites More sharing options...
adele244 Posted May 5, 2017 Share Posted May 5, 2017 Oooh I know, just seen!!!! Looking good kidda! Quote Link to comment Share on other sites More sharing options...
Guest Posted May 5, 2017 Share Posted May 5, 2017 Just now, adele244 said: Oooh I know, just seen!!!! Looking good kidda! I've got so many cancelled TransferWise transfers thanks to your genius advice, such a fab idea! The great thing too, is if you wait to deadline the cash is in your account v v quickly Quote Link to comment Share on other sites More sharing options...
adele244 Posted May 25, 2017 Share Posted May 25, 2017 Ohhh rate not looking too good at the mo @Ozzie Hope t picks ups again Quote Link to comment Share on other sites More sharing options...
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