Exchange rate....crap!!!!!

[sterion75]

Crap!!! £ to Canadian $ has dropped to 1.5!! My funds are no longer enough will that effect my application i.e. my proof of funds I sent being worth less the amount it should be??

Its now $1000 short it was $500 over when I sent it

Robbie

 

[Usman799]

Crap!!! £ to Canadian $ has dropped to 1.5!! My funds are no longer enough will that effect my application i.e. my proof of funds I sent being worth less the amount it should be??

Its now $1000 short it was $500 over when I sent it

Robbie

no need to worry about it, the exchange rate varies day to day. BUT CHC has a standard exchange rate which on mentioned in their website. for example the running exchange rate in pakistan is around:

1 CAD$ = 84 Rupees

but CHC islamabad website states

1 CAD$ = 70 Rupees

 

[sterion75]

Yes but when was the website last updated? lol

Im not sure thats the case

Robbie

 

[sterion75]

I've just mailed London on this issue for confirmation and will post their reply

I can only see the exchange rate getting worse after the upcoming election

Robbie

 

[Ice Cube]

Deposit some more money in your account...easy..

considering what Usman799 said, you will be alright as you had over 500 CAD when you submitted your application and according fluctuating exchange rates.

God luck!

 

[Ice Cube]

Good Luck!

 

[sterion75]

It's gone down even further today!!

I'm wondering whether I should see if I can open a canadian $ account as the £ is on a massive slide!! Cant keep losing money at such a high rate

Robbie

 

[Usman799]

Yes but when was the website last updated? lol

Im not sure thats the case

Robbie

the exchange rate is form 15th October to onwards and the website was last updated on 5-11-2009. CHC changes the exchange rate around after six months.

 

[sterion75]

Im more thinking for when we finally get over. If the £ goes down much more going to lose a lot of money!

I just am of the opinion this drop in value is going to continue but its working out whether to risk converting it now or not

 

[schwarzeradler]

Im more thinking for when we finally get over. If the £ goes down much more going to lose a lot of money!

I just am of the opinion this drop in value is going to continue but its working out whether to risk converting it now or not

If I were you, I would wait till the elections are over. The drop is mostly due to the "hung Parliament"!
But then, this is just my opinion.


"The Eagle has Landed"

 

[Pk09]

can someone plz post link of cic exchange rate since i am unable to found it

Tkx

 

[Pk09]

can someone plz post link of cic exchange rate since i am unable to found it

Tkx

anybody plz

 

[sterion75]

I couldnt find it either. Maybe its just on Islamabad's site?

 

[schwarzeradler]

I couldnt find it either. Maybe its just on Islamabad's site?

AFAIK, The London office does not have an exchange rate chart. The Personal Net Worth statement (form) is something they usually ask you to fill out and send to them (if requested). It is in this form one write's the exchange rate used to convert the £ into Can$.


"The Eagle has Landed"