Looks like very good advice as we see £1 = 2.65 YTL
Nice to be occasionally right - Ian - now waiting for 2.75 YTL to exchange some hard earned pounds
quote:
Originally posted by Ian
H - it really surprises me that some people focus more on the interest rate as opposed to the timing of the exchange.
You can often make more in that single transaction - we waited regularly in 2007/8/9 for the rate to go above 2.55 before we exchanged money for savings deposits and if we had rushed in we could have exchanged at a full 10% less - really important.
Ian
