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david
I'll Hang Around A Little
Joined: 23 Mar 2004
Posts: 25
Location: yorkshire,England
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Posted: Fri Jun 18, 2004 6:15 am Post subject: exchange rates |
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Hi all -
I have friends who have just returned from NZ telling me the exchange rate they were getting was £1 = $3.40. Anybody explain this is it seems to conflict all stories on the forum. On one day approx.. 3 weeks ago they managed $3.51  All I've heard is $2.6 - $2.8.  |
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richard
Testing The Water
Joined: 17 Apr 2004
Posts: 8
Location: Nottingham
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Posted: Fri Jun 18, 2004 9:02 am Post subject: |
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| Since they were in N.Z. I suspect they are actually talking about how many pounds or pence to the dollar. e.g. $1=34p. That would give dollar to pound exchange rate of around 2.94 which is what it was a few weeks ago. |
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karltsmith
Moderator
Joined: 26 Nov 2003
Posts: 570
Location: North Shore, Auckland since March 2004
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Posted: Fri Jun 18, 2004 2:01 pm Post subject: |
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| I concur with Richard. In recent history the Kiwi dollar reached its weakest point against the pound about 2-3 years ago when it was NZ$3.3=£1, however it is currently trading at about 2.85 =£1. Back around Christmas time it was very strong and trading at about 2.65 = £1. |
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kiwi
Valued Member
Joined: 02 Apr 2004
Posts: 126
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Posted: Fri Jun 18, 2004 2:07 pm Post subject: |
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That was a great rate if it was just a few weeks ago...tell us where they changed it, and we can all make some money!
3 yrs ago we got $3.31 but havent seen that since then...yay for them, someone stuffed up big time. |
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