 Poster: A snowHead
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@paulhinch, €1.02 in 2008
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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I’m pretty sure at that stage I booked a Crystal UK package deal from here (ROI) and paid less in Euros than the Sterling price. It’s the only time I can recall that happening.
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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| paulhinch wrote: |
| robs1 wrote: |
| paulhinch wrote: |
| BergenBergen wrote: |
| stanton wrote: |
At the close: Markets enter reverse as Brexit strains stack up
1 Pound =$1.10 and €1.03 Coming !!!!
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I make that eight years, it's still pending and we are up to 1.17. Hope the Uber business is more productive than your financial bets. |
So about 10% worse than pre Brexit exchange rates, and 20% worse than when the referendum was first put into law??? |
We can all choose a time to prove our point of view, the pound has been far lower and far higher since the euro was introduced, |
Avg since the euro was introduced is 1.33.
Pre 2009, it was 1.40-1.50 (or more back in the v early days).
Credit crunch in 2009 dropped it to similar levels until today then it steadily rose until the Tories announced they'd do a referendum. From that point on, Brexit was priced in.
If you can find a point pre-Brexit that's far lower than today then I'm all ears. The only one I can see close was the global financial meltdown (which was a massive shock to the economy, much like Brexit) |
its lowest level is 1.02 its highest is 1.74 IIRC so as I and others have said its been much higher and lower than it is now. many anti brexit folk said it would reach parity or worse, like most of the doom predictions it hasnt
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You need to Login to know who's really who.
You need to Login to know who's really who.
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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| stanton wrote: |
The average Briton was nearly £2,000 worse off in 2023, while the average Londoner was nearly £3,400 worse off last year as a result of Brexit, the report reveals.* It also calculates that there are nearly two million fewer jobs overall in the UK due to Brexit – with almost 300,000 fewer jobs in the capital alone. |
and yet you still can't get someone to serve you a latte in Pret !
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You'll need to Register first of course.
You'll need to Register first of course.
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Can someone move this to Apres? There's very little in this thread which is specific to skiing.
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| robs1 wrote: |
its lowest level is 1.02 its highest is 1.74 IIRC so as I and others have said its been much higher and lower than it is now. many anti brexit folk said it would reach parity or worse, like most of the doom predictions it hasnt |
So there was about a week at the end of 2008 where it dipped to 1.02 then bounced back up. By mid January it was at the levels we're seeing as standard today.
I guess my point is that the only time in history that the rates have been as low as they are now is where there's been a huge economic crisis.
Brexit, and the narrative around it from a lot of places, had normalised that economic crisis.
Where we were strong, we're now weak but that's normal because we're a bit less weak than we were when it was all complete chaos in 2017/2018/2019.
I'm fine with people saying the price for sovereignty and whatever else they wanted to get out of Brexit is that it's knackered the economy. If people fronted up to that then fair play. Indeed, if some of the chancers campaigning for it had put it in that way then I'd have more respect for them.
I suspect if the country had seen the economic future that's how being normalised they'd have laughed the arguments of global free trade, sovereignty (whatever that is) and not sending all our money to Europe out of the room though.
Maybe people should just be honest about it. It's fine if we're all good with stuff being way more expensive and being poorer as a result of whatever extra freedom we've got out of it. No issues with that if someone can explain where we've benefited.
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You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
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| paulhinch wrote: |
So there was about a week at the end of 2008 where it dipped to 1.02 then bounced back up. By mid January it was at the levels we're seeing as standard today.
I guess my point is that the only time in history that the rates have been as low as they are now is where there's been a huge economic crisis. |
If you look at the timeframe 2009 to 2024 the period 2014-2016 looks more like the exception where the pound was trading above 1.20.
I agree that this thread should be moved to apres as it applies to 8 season's ago now.
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The thread doesn't need moving - people just need to stop posting on it.
Better still just ignore any post/thread from stanton.
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snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
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Highest today for 2 years.....just saying.
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And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
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But it's still heading towards parity, roughly, by my estimate, on average, within limits, maybe, perhaps, in my head .......etc
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Although I hope it stays at 1.19 EUR for next season, the Alps are not the only place to ski...
The Pound is over 200 Japanese Yen -- the highest it's been since the GFC. Meanwhile in Norway you get 13.64 NOK, which is as high as it's ever been 
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You know it makes sense.
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Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
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@brianatab, that’s good then for him
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Poster: A snowHead
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| Rob Mackley wrote: |
| @brianatab, that’s good then for him |
yes, if @brianatab is converting a certain amount of £s into Canadian Dollars then he gets more Canadian Dollars to send to his nephew?
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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The question is, do I send it this week, or hold out for a couple more and get an even better deal?
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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| Quote: |
The question is, do I send it this week, or hold out for a couple more and get an even better deal?
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If we knew that we would all be multi millionaire currency traders
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You need to Login to know who's really who.
You need to Login to know who's really who.
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@brianatab, ahhh now I understand , if it’s a reasonable amount there should be no charges and rates should be very keen anyway . I am a trading vet and what I would do is do half now and the rest in two weeks time say . That way you won’t kick yourself either way .
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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| johnE wrote: |
| Quote: |
The question is, do I send it this week, or hold out for a couple more and get an even better deal?
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If we knew that we would all be multi millionaire currency traders |
...is the correct answer. 
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You'll need to Register first of course.
You'll need to Register first of course.
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More conspiracy crap. Stick to driving a cab, the money market is just not for you.
Last edited by Then you can post your own questions or snow reports... on Tue 18-06-24 12:16; edited 1 time in total
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Usual loads of dangly bits, the uk econmy has grown in much the way the rest of the world has since 2016
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FAQ
