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Next Season is going to be lot more Expensive!

 Poster: A snowHead
Poster: A snowHead
@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
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?
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 !!!!

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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so those e few eurocents make so much difference plus exchange rate charges etc ..

Look at the bigger picture.....


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.



https://www.london.gov.uk/new-report-reveals-uk-economy-almost-ps140billion-smaller-because-brexit#:~:text=The%20average%20Briton%20was%20nearly,jobs%20in%20the%20capital%20alone.
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 Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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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Who woke this one up again Evil or Very Mad Evil or Very Mad Evil or Very Mad Evil or Very Mad
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 Then you can post your own questions or snow reports...
Then you can post your own questions or snow reports...
Can someone move this to Apres? There's very little in this thread which is specific to skiing.
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 After all it is free Go on u know u want to!
After all it is free Go on u know u want to!
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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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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Ski the Net with snowHeads
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.
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.
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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So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
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 Smile
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 You know it makes sense.
You know it makes sense.
It seems to be up against a lot of currencies.

Just looking to send a fairly large sum to my nephew in Canada as inheritance from my Mother's estate.
Typically, the £ is currently at it's highest rate for over 2 years. rolling eyes rolling eyes
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 Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
@brianatab, that’s good then for him
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 Poster: A snowHead
Poster: A snowHead
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
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?
Quote:

The question is, do I send it this week, or hold out for a couple more and get an even better deal?

If we knew that we would all be multi millionaire currency traders
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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.
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?

If we knew that we would all be multi millionaire currency traders


...is the correct answer. Madeye-Smiley
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http://youtube.com/v/-nBrwmpv3L4?


A MUST Watch for UK Residents...

The British pound - historically one of the safest and strongest currencies in the world could become worthless very soon


http://youtube.com/v/rdyXsQO8VoU?
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 Then you can post your own questions or snow reports...
Then you can post your own questions or snow reports...
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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 After all it is free Go on u know u want to!
After all it is free Go on u know u want to!
stanton wrote:
so those e few eurocents make so much difference plus exchange rate charges etc ..

Look at the bigger picture.....


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.



https://www.london.gov.uk/new-report-reveals-uk-economy-almost-ps140billion-smaller-because-brexit#:~:text=The%20average%20Briton%20was%20nearly,jobs%20in%20the%20capital%20alone.


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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You'll get to see more forums and be part of the best ski club on the net.
stanton wrote:

The British pound - historically one of the safest and strongest currencies in the world could become worthless

@Stanton's been a bit quiet recently .... snowHead
https://www.thisismoney.co.uk/money/markets/article-14182969/Pound-course-return-pre-Brexit-levels-hitting-two-half-year-high-against-euro.html
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Ski the Net with snowHeads
geoffers wrote:
stanton wrote:

The British pound - historically one of the safest and strongest currencies in the world could become worthless

@Stanton's been a bit quiet recently .... snowHead
https://www.thisismoney.co.uk/money/markets/article-14182969/Pound-course-return-pre-Brexit-levels-hitting-two-half-year-high-against-euro.html


Probably out divesting himself of marmite futures Very Happy
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 snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
And I thought I was being clever buying euros on my Revolut card a month ago at 1.19, duh.
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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.
I bought euros a couple of days ago in my Revolut app and the rate was the best it has been in the past 5 years. The Swedish and Norwegian krona were a few days ago the weakest they have been in the past 10 years against the GBP. Good news for those of us who have a ski holiday booked to the Eurozone or Scandinavia this winter!


Last edited by And love to help out and answer questions and of course, read each other's snow reports. on Sun 15-12-24 22:29; edited 1 time in total
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 So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
Laughing Laughing Laughing Laughing Laughing Laughing Laughing
geoffers wrote:
stanton wrote:

The British pound - historically one of the safest and strongest currencies in the world could become worthless

@Stanton's been a bit quiet recently .... snowHead
https://www.thisismoney.co.uk/money/markets/article-14182969/Pound-course-return-pre-Brexit-levels-hitting-two-half-year-high-against-euro.html
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 You know it makes sense.
You know it makes sense.
Motherofthree wrote:
The Swedish and Norwegian krona were a few days ago the strongest they have been in the past 10 years against the GBP.


I think you mean 'weakest' if you're getting more Krona/Krone!? wink

So do you still have to take out a mortgage to buy a beer in Norway now?! Shocked Laughing
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 Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
@luigi, Sorry, yes I did mean that the SEK and NOK are and have been historically WEAK this year!! Have amended my original post now. Yes, buying alcohol in a pub or restaurant in Norway is not cheap, but I think the price of a pint of beer/glass of wine out have gone up in the UK too recently, so not a massive difference really, bearing in mind how strong the GBP is against the NOK at the moment.
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 Poster: A snowHead
Poster: A snowHead
Its best not to overthink it, as my father used to say you cant take it with you. One thing I've noticed however is that the gap on the beer prices between my local here in northern England and one or two bars I frequent in Zermatt is definitely narrowing. The UK is catching up fast with Switzerland price wise.
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 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
Snowbandit56 wrote:
Its best not to overthink it, as my father used to say you cant take it with you. One thing I've noticed however is that the gap on the beer prices between my local here in northern England and one or two bars I frequent in Zermatt is definitely narrowing. The UK is catching up fast with Switzerland price wise.


This is exactly right in my experience. A nice glass of Bavarian beer costs pretty much the same in rural Shropshire as it does here in Wengen.
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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?
telford_mike wrote:
Snowbandit56 wrote:
Its best not to overthink it, as my father used to say you cant take it with you. One thing I've noticed however is that the gap on the beer prices between my local here in northern England and one or two bars I frequent in Zermatt is definitely narrowing. The UK is catching up fast with Switzerland price wise.


This is exactly right in my experience. A nice glass of Bavarian beer costs pretty much the same in rural Shropshire as it does here in Wengen.


Is there much choice of Bavarian beer in rural Shropshire? Wouldn’t local a brew be cheaper?
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Red Leon wrote:


Is there much choice of Bavarian beer in rural Shropshire? Wouldn’t local a brew be cheaper?


Surprisingly good choice of German and Belgian beers out in the sticks, and yes, the local stuff is half the price. Having spent my formative years working in Munich, I still don’t really get the warm, flat, English ale thing. Give me a weissbier every time Smile
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 Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
@telford_mike, always pleases me to find 'exotic' stuff outside of cities.

Visited a micro brewery in a windmill in Lincs the other week, great local beers for £3-4 per pint but surprisingly, a decent selection of Belgian beer and German stuff for not much more. Under £5 for a Duvel is unheard of round my usual neck of the woods - we have an amazing pub that specialises in Belgian stuff (among other things) where I live in Rugby but most is £6.50 and you can pay £9 for a bottle of Westmalle Triple. NINE QUID!!! That ski resort price, hurts even more knowing you gt it for about €2.10 in a Jumbo supermarket.
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https://www.flickr.com/photos/201969398@N02/54208155504/in/dateposted-public/
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 Then you can post your own questions or snow reports...
Then you can post your own questions or snow reports...
@telford_mike,
Quote:

Give me a weissbier every time

Sad

Treat yourself:

https://www.blackcountryales.co.uk/pubs snowHead
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 After all it is free Go on u know u want to!
After all it is free Go on u know u want to!
https://www.bbc.com/news/articles/c897vw5w7p8o




http://youtube.com/v/SsOc1__b9Gw?

UK government borrowings costs surge ahead of rival countries

https://archive.ph/Xyy44

UK bond yields rise again and the pound slips to 14-month low

https://archive.ph/tecTe
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Are we at parity yet?

We must be, we were told about 3 years ago it was a nailed on certainty.
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As a reminder of post 1 on Wed 06 July 2016 17:51:

stanton wrote:
At the close: Markets enter reverse as Brexit strains stack up

1 Pound =$1.10 and €1.03 Coming !!!!

http://www.cityam.com/244909/sterling-crashes-analysts-slash-outlook
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