Pre-ordering Currency

[b2dan]

With the dollar dropping in respect to the pound and me going to New York in November, I was wondering if there was a company that'll let you pre-order currency now whilst it's still quite strong and pick it up in November?

B2

[steve.c]

Try here...
http://www.crowncurrencyexchange.com/

[cjs]

Why not just get some Dollars now?

[phumy]

b2dan said:

With the dollar dropping in respect to the pound and me going to New York in November, I was wondering if there was a company that'll let you pre-order currency now whilst it's still quite strong and pick it up in November?

B2

And then when the exchange rate goes the wrong way for you, you call to cancel?

Buy them now if you have the nerve

[cjs]

Saw an article in the paper, the Pound could be down to $1.50 by early next year! Excellent news for me as I earn USD and have been suffering badly over the past few years. Not so good if your going on holiday to the US.

[b2dan]

phumy said:

b2dan said:

With the dollar dropping in respect to the pound and me going to New York in November, I was wondering if there was a company that'll let you pre-order currency now whilst it's still quite strong and pick it up in November?

B2

And then when the exchange rate goes the wrong way for you, you call to cancel?

Buy them now if you have the nerve

Lack of money at the moment. Suppose I could just stick em on the CC

[rpguk]

b2dan said:

phumy said:

b2dan said:

With the dollar dropping in respect to the pound and me going to New York in November, I was wondering if there was a company that'll let you pre-order currency now whilst it's still quite strong and pick it up in November?

B2

And then when the exchange rate goes the wrong way for you, you call to cancel?

Buy them now if you have the nerve

Lack of money at the moment. Suppose I could just stick em on the CC

Be careful though as I suspect that'd attract extra fees from the card company.

[Heskey]

Isn't this a circular argument?

Although you buy your dollars now whilst the exchange rate is down, any advantage will be wiped out when the exchange rate rises and shop prices reflect this in America?

[Timmy35]

Heskey said:

Isn't this a circular argument?

Although you buy your dollars now whilst the exchange rate is down, any advantage will be wiped out when the exchange rate rises and shop prices reflect this in America?

Ummmm that's a rather large assumption to make, that the exchange rate WILL rise back to prior levels. It may or may not do, what this chap wants to do though is lock in todays rate.

For my tuppence having suffered the sharpest fall versus the $ for 37 years there is plenty of room for the Gordon Brown Pound ( GBP ) to keep falling.

[rude-boy]

Planning to go on holiday to the states over christmas 09/10.

I like the sound of £1=$2 so i'm happy to buy at this rate. The only reason i haven't yet is that the g/f can't confirm 100% that she's up for it.

Look back over the last 10 years or so and you will see that this is about the best you can expect to get in the real World. Yes the arse could fall out of the $ the day after, but then the same could be said for any currency these days, even the golden Euro...

[Neil_H]

b2dan said:

With the dollar dropping in respect to the pound and me going to New York in November, I was wondering if there was a company that'll let you pre-order currency now whilst it's still quite strong and pick it up in November?

B2

What you're looking for is an FX future; I'm not sure where a consumer could access that kind of product but I'm sure there will be a spread betting site somewhere. However, I don't expect you'll get a very good price on it.

[215cu]

Get some USD pocket change when you go.

Get a Post Office Mastercard now, no commission and Mastercard spot rate for all overseas transactions.

[f13ldy]

steve.c said:

Try here...
http://www.crowncurrencyexchange.com/

I use these now and again.

Always delivered within in ample time for my trips.

[Timmy35]

rude-boy said:

Yes the arse could fall out of the $ the day after, but then the same could be said for any currency these days, even the golden Euro...

Ooohhhh ....... the £ has just be bummed, but the Euro has no reason to be comlpacent. It'll be getting it's trousers pulled down next.