Exchange rate

[christianu]

This is so so bad Is it going to go below 50p??

[mrmuzeman]

No one can say with all truth but it REALLY looks that way. It has dropped over 1 penny just this week so far. I really think its gona go down below 50p quite easily with room to spare

[christianu]

The floating exchange rate for purchasing and cashing in US Dollar poker chips is 0.5217to US$1 Chip

So whats all that about? Thats on the stanjames page now.

[christianu]

How far do you think it will go? Below 0.48p?? Is that realistic?

[mrmuzeman]

Looks like they havent updated it for about a week, its definitely under 51 without a doubt everywhere else says so ive seen. If you can cash out any for that amount you have there then I suggest you do it

[mrmuzeman]

Average Rates

January 0.566481 GBP
February 0.572156 GBP
March 0.573346 GBP
April 0.56569 GBP
May 0.535321 GBP
June 0.54249 GBP
July 0.542221 GBP
August 0.527979 GBP
September 0.530557 GBP
October 0.533008 GBP
November 0.522907 GBP
December 0.505281 GBP

Having a look at historical data here just for interest (yes I agree how interesting!) and its the lowest its been since 1991 where it was the same as it is now. Didnt go back any further than 1990. SO if it falls lower then itll be the lowest its been since god knows when, certainly the 80s anyway.

[mrmuzeman]

Creeping back up a wee bit last few days, at 50.95 now. Ever since I did my Neteller withdrawl infact. The words typical and fcuking spring to mind.

Still it might go back down again but still Im actually hoping it doesnt go up much more cos its gona piss me off

[aliensyndm]

Hmm got a few dollars in an account myself, might just leave them be for the moment. Thing is I didn't actually purchase that many originally and when I did the exachange rate was pretty fecked anyway so not like I am losing cash really. Be horrid if you bought thousands of them at like 57 quid per 100 and you didn't get them out in time before this happened.