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Old 24-06-2004, 03:38 PM   #1
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currency - pount against the yen

when I checked the rates of exchange a few weeks ago, the rate was quite low, checked again today and its gone up even higher...so the pound is quite weak at the mo....any financial people out there know if we have been in a good position pound wise and now we are going back down again? guess this affects you if your looking to buy a car in Japan....not sure if its good to wait a while to see if the pound gets stronger against the yen?
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Old 24-06-2004, 03:42 PM   #2
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Its 192 against the pound , thats tourist rate , if you go to the bank , ie to transer money , its 200 ish .
I cant see your problem , the rates go up and down like yo yo's
As a base figure i go on 185 to the pound.
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Old 24-06-2004, 04:01 PM   #3
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its not a problem, just want to get the best rate possible...
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Old 24-06-2004, 04:02 PM   #4
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well its prety high now .
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Old 24-06-2004, 04:43 PM   #5
 
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The pound has dropped against most currencies recently, mainly due to the Bank Of England shifting interest rates, which in turn has a knock on effect on exchange rates due to the effect it has on the Worlds Stock Exchanges..
There is due to be a shift in the not too distant future, but how soon this'll happen nobody knows...
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Old 24-06-2004, 05:15 PM   #6
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I think you just have to take it as it comes, like NiteskyR says. If you're lucky on the day you save some wonga. It was 192 last year when I paid the deposit for my GTT, and about 185 when I paid the balance and I wished I had paid in full, but in fact its only about a 100 or so different.
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Old 24-06-2004, 05:40 PM   #7
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well, have paid for the 32 now, so just gotta wait for it to arrive!
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Old 25-06-2004, 11:49 AM   #8
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Nice one , what rate did you get ?
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