Post Office Exchange Rates
Post Office exchange rates usually have a wide spread. (Means the difference between the buying rate and the
selling rate for the Post Office is large). The reason for that is that the P.O. usually deals in cash. Cash
conversion means that tou can buy foreign currencies and the sell them back to the Post Office.
It might often make sense to compare these Post Office exchange rates with the exchange rates of the banks and
the international quotes on different stock and money exchanges.
Also, it's smart not to purchase too much of a currency, when the trend is falling. You might be better off
buying a second time in a week, when you'll have to pay less for the same amount of foreign currency.
Now, how do you know what to do and how to find out what the actual trends for the currency you need are? Start
watching the professionals and see how they judge the market. (These guys actually make money trading forex!)
We are combining the intelligence and experience of all our traders to show the trends for the major currencies
and commodities markets. If you need to know where the markets are going, this is an excellent tool
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Use the button marked "All Trades" to select an other view of the exchange rates and the trends for other
currencies. Especially switching to "Last Hour" might help you pick up a trend that is developing!
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Once you master the forex trading game, you will not have to worry so much
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Post Office Exchange Rates
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