Peso-Pound Sterling exchange rate

tropicalshirt says on May 6, 2009, 06:32:

kalder

like you say the pound has been diving for a while against the bigger latin american currencies.

back in 2003 the pound hit 6 brazilian reais to a pound, now at 3.2.

its come off about 25 per cent from pretty much all of them now: peruvian soles, paraguayan guaranis, honduran lempiras, nicaraguan cordobas... maybe they sound like economic basket cases? try changing libras in sul america... its like holding
embassy fag vouchers.

not so bad against mexican peso though.

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kat1 (Moderator) (Trustee board) (☼Travelguide writer) says on May 6, 2009, 06:43:

tropicalshirt says on May 6, 2009, 08:21:

kat

3,500 to a pound is not so bad; colombia is still cheaper than countries like brazil. if its drops to 3,000 or below i think its very bad then.

anyway, you don't look so sad!

i'm just laughing at thinking how happy you must of looked at 5,000 to a pound!!! :-)

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curramberochris says on May 6, 2009, 10:03:

When I came to Colombia it was 5000 to the pound. Those were the days!

Today's rate of 3400 is the best it has been for a while. hopefully it will get stronger soon, just not before i buy pounds/euros with my pesos!

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Ken says on May 6, 2009, 13:50:

Answer- UK Debt/Deficit

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Elmin says on May 6, 2009, 14:36:

good point you're making johnny.

p.s
just out of curiosity, what are you importing? :)

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kat1 (Moderator) (Trustee board) (☼Travelguide writer) says on May 6, 2009, 14:45:

kat1 (Moderator) (Trustee board) (☼Travelguide writer) says on May 6, 2009, 14:46:

poco says on May 6, 2009, 15:39:

I think England is on the downhill slide,,

British Survey

A recent survey in the United Kingdom asked the following question:

Are there too many foreigners in this country now?

Answer:

18% said: YES

82% said: ãÚåÏ ÇáÃãä ÇáÚÇáãí ÈæÇ! ÔäØ


BTW: Anniversary remembered?

Colombian Chickens are crowing about the new President of the U.S. who will assure that From each according to their ability to each according to their need.

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podborski says on May 6, 2009, 16:21:

come to Argentina! peso here has dropped from 3 to 3.70 and will keep going to 4 maybe 4.50.

Hi kat! hi Kalder! long time...

hope you're well

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kalder says on May 7, 2009, 12:11:

Podborski!!! How nice to hear from you! Hospitality trade keeping you busy?

"A piece of cheese may entrap a mouse, but a bicycle could ensnare the Imperial Chancellor."~~An Bai Kuang

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podborski says on May 7, 2009, 13:46:

yes, far too busy. But finally this week things are slowing a bit...and one of my staff is on vacation (she went to Colombia) so I am filling in here and there so have time to read PBH again.

These currency moves are driving me crazy too, as I think the potential is for 15 to 25% moves, which can really hurt (or help).

Longer term I think the emerging market currencies have seen the lows, and we'll be back to the slow steady rise against the dollar. Except for here in lala land of course.

Buy your COP now!

I have been buying a BRIC (brazil russia, india, china) ETF, as I think at least Brazil and China are going to go straight back up, in the next 2 years.

Hope life is treating you well...I see pow wow is still here, and looks like maybe still entertaining?

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CakeDesigner-wannabe says on May 7, 2009, 16:36:

It was average 3,500 for the last 1 year but in the last 2 weeks dropped to 3,350 rapidly. 2 months ago it was 3,700 dropped to 3,300 for 1 week before going up to 3,500 ,,,and down again.

I am happy if it is around 3,500 or better otherwise more expensive to buy house!!!

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