The ZAR Exchange Rate Thread

[Jase]

Blast, I am due to go over July / August. Guess my spending will be kept to a minimum then ...

 

[HavocXphere]

Thinking I might need to move some money ZA side...

Predictions on where the ZAR/GBP rate is here to stay?

 

[The_Ogre]

I think it should atart falling within the next two days

 

[JayM]

Thinking I might need to move some money ZA side...

Predictions on where the ZAR/GBP rate is here to stay?

I don't think it'll recover much until the EU referendum, in 2016 or 2017.

 

[Scooby_Doo]

All the ouch's today,

R12.58 to the Dollar.

 

[Mortymoose]

What be the worst ever that the Rand to the $ was?

 

[TheGrove]

I need to exchange all my Rands to Pounds, I have until the 1st of next month.

What do you guys think, should I hold off until near month end or do it ASAP?

 

[Musiclover08]

I need to exchange all my Rands to Pounds, I have until the 1st of next month.

What do you guys think, should I hold off until near month end or do it ASAP?

Depends how much you need to change hey. However I think now is a good time to start before the rate starts increasing more.

 

[maumau]

Why are you exchanging?

 

[zippy]

I think it should atart falling within the next two days

Its approx 19.19. Still going up

 

[The_Ogre]

Its approx 19.19. Still going up

Yeah. I was wrong there. Very wrong!

 

[The_Ogre]

What be the worst ever that the Rand to the $ was?

In 2001 it hit a peak of R13 84...

 

[Space_Chief]

It's now 12.6 on XE. Life is going to get a lot harder in SA. 13 on Monday?

 

[Lupus]

In 2001 it hit a peak of R13 84...

When? Looked through the dates and it never hit higher then 10 something.

 

[maumau]

In 2001 it hit a peak of R13 84...

Also heard this on 702

 

[ghostR]

Also heard this on 702

Scary stuff, Hope it starts coming down soon.

Not good for anybody wishing to go on holiday.

 

[RVQ]

Scary stuff, Hope it starts coming down soon.

Not good for anybody wishing to go on holiday.

It all comes down to the interest rates in the US and the Fitch ratings, we can't control what's happening in the US but the Unions and Eskom are screwing SA big time

 

[TheGrove]

Why are you exchanging?

I'm immigrating, house sale money comes in on Tuesday so need to convert about 120k. So now I just get to watch and pray that it does not get much worse before then

 

[ghostR]

It all comes down to the interest rates in the US and the Fitch ratings, we can't control what's happening in the US but the Unions and Eskom are screwing SA big time

Was thinking about going away to the US for a 2 or 3 week holiday.. The thought soon passed...

 

[Spizz]

Scary stuff, Hope it starts coming down soon.

Not good for anybody wishing to go on holiday.

I'm off to the UK in September for a couple of weddings. Rather than thinking happy thoughts of a family holiday, I can't stop thinking '20 to 1 ffs' :wtf: