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Thursday, November 13, 2008

Sterling Pound

Time to find money to go UK
Exchange rate hit $2.25.

The last time it hit such low price is in 1995 - 1996

1995
Jan 2.3080 2.2848
Feb 2.2962 2.2852
Mar 2.2781 2.2729
Apr 2.2522 2.2503
May 2.2305 2.2147
Jun 2.2213 2.2252
Jul 2.2333 2.2277
Aug 2.2008 2.2109
Sep 2.2451 2.2334
Oct 2.2313 2.2482
Nov 2.1707 2.2103
Dec 2.1884 2.1786
1996
Jan 2.1391 2.1752
Feb 2.1642 2.1689
Mar 2.1493 2.1530
Apr 2.1212 2.1358
May 2.1575 2.1300
Jun 2.1834 2.1728
Jul 2.2023 2.1988
Aug 2.1907 2.1896
Sep 2.2014 2.1962
Oct 2.2988 2.2368
Nov 2.3544 2.3322
Dec 2.3670 2.3314

This is based on MAS 20 years data. Beside Iraq disarmament crisis in Dec 1995, i cant find any information that could cause the pound to drop so low.

i am likely to change some pound out for keeping. But when... that's the question...
When will the pound hit bottom? will it rise up again? who knows?

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