[willsken]

Does anyone have any advice on how to decide when is the best time to future buy currency? Or should I future buy. This is the only thing that is really worrying me at the moment as I keep seeing conflicting stories about weak economies and currencies.

[Do B Brief]

This link may help:

http://www.tranzfers.com/

You can state a rate that if it hits it they will transfer it at that rate...cool eh?

[Jo and Andy]

I am going to use a company to do it, but as my Dad has an affliation with it I would feel bad about promoting it, but if anyone want to know pm me.

[David with a dream]

Hi willsken,
Before returning to the UK last week we had two bits of advice from people 'in the know'. An NZ IFA and the Director of an emigration company both said the same thing, "now is a bad time to bring large funds into NZ with the $ at 2.50 and looking firm at that price for a year or longer. Only advice but if you look at the $ three years ago it was $3.10 to the GBP. You have to make your own mind up on this one though. Good luck.

[joanne]

It is swings and roundabouts as far as I can tell. We were reluctant to exchange as the rate is low - however when we saw how much house prices are increasing we decided to bite the bullet, exchange and purchase our first NZ property. Yes the exchange rate is tiped to go in your favour if you sit it out... but where are the house prices going? Up, i'd say.