Monday 14 June 2010

exchange rates

As part of the our visa conditions we have to take $23,000 with us to Canada so over the last few months it would be a understatement to suggest I've become obsessed with the Canadian GB (CAD/GBP)  exchange rate. 


The CAD/GBP is usually around $2 to the pound but due to the banking crisis and recession it now bobbles around $1.5 to the pound. So £23,000 was around £11,500 but now its over £15,000. 


Alas there's nothing I can do about is so I stopped worrying a long time ago. We're over three quarters of the way to the magic figure now so even if it the rate drops a little more it shouldn't matter too much! Having two jobs each has eventually paid off. We'll be ready for a little rest when we land.

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