Paying dues

fraser301 · 16 Dec 19, 10:20 PM

We normally pay our dues mid January however with the improvement in the exchange rate I was wondering if any members are considering paying quite soon .I suppose what I am asking if anyone has a crystal ball in determining in the next couple of months when the exchange rate could/should be at its highest.

Mr Tom Morrow · 16 Dec 19, 10:25 PM

The foreign exchange markets like certainty.

Nobody knows how things will fare but in my view we will see a slight rise on the date we exit the EU.

But I may be way off the mark!

YorkshireT · 16 Dec 19, 10:55 PM

I pay mine every month in advance, so it hedges the exchange rate. Quite a few on here now do that. Also means it�s nearly all paid off by the time the bill drops.
I think it may remain pretty static for a while now, but I�m guessing.
There�s little point trying to �beat� the market- if I could, I�d be working as a currency speculator.
I did it once, as the first results came through on the EU referendum, I bought my money at Sainsbury before they shut it down.

fraser301 · 16 Dec 19, 11:07 PM

Thanks Tom with three contracts this will hopefully be a significant saving although of course my three SSR,AKL and BCV have all increased.

dippiedawnie · 16 Dec 19, 11:07 PM

I've already paid off the majority but will be paying the rest when the statement appears online tomorrow. I think I've only got $150 to psy though so not risking very much paying early.

Mr Tom Morrow · 17 Dec 19, 08:09 AM

Originally Posted by fraser301

Thanks Tom with three contracts this will hopefully be a significant saving although of course my three SSR,AKL and BCV have all increased.

I wouldn't hold your breath much. Even if it does rise I think it will only be by a cent or two. Of course it could drop!

I pay Monthly now (overpaying) so have limited my exposure to the currency fluctuations somewhat

cybermum · 18 Dec 19, 01:23 PM

I don't expect any wild swings through 2020. The only fly in the ointment is Boris J putting out there he is ready to hard Brexit end of 2020. That creates wobbles.

**skstorm** · 19 Dec 19, 10:31 PM

I paid up yesterday at 1.3 I think?

**LadyDebs86** · 20 Dec 19, 01:17 PM

I paid mine the day after the election and regret nothing.

fraser301 · 20 Dec 19, 02:22 PM

Originally Posted by LadyDebs86

I paid mine the day after the election and regret nothing.

Wish we had but couldn't access the DVC website will just hold on to nearer the 15 Jan and check the market data

16 Dec 19, 10:25 PM	#2
	16 Dec 19, 10:25 PM Mr Tom Morrow Imagineer
Mr Tom Morrow Imagineer Join Date: Jul 14 Location: The Tiki Room. theDIBB Guidebook Pages Created: 3	The foreign exchange markets like certainty. Nobody knows how things will fare but in my view we will see a slight rise on the date we exit the EU. But I may be way off the mark! __________________ "PAGING MR MORROW, MR TOM MORROW..." ''I drink Wine and know things'' DVC Owners at SSR since 2003. Multiple annual visits to America since 1976

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