Good news for those with a mortgage in the UK i.e. me

Live rates at 2008.10.22
15:39:35 UTC

1.00 GBP =1.88399 CHF
1 CHF = 0.530789 GBP

Slightly eases the pain of an overdraft with HSBC...

...and also...

1.00 EUR = 1.4991 CHF
1 CHF = 0.6671

for the first time in the last 5 year the euro has dropped below 1.5 CHF http://www.ecb.eu/stats/exchange/eur...ph-chf.en.html

Sterling/Swissie has been very volatile. Today's drop in £ didn't exactly happen on breaking "new" news. Brown and King only said what evrybody has known for a while - UK is in recession and interest rates will have to be cut and all that is priced in. So I assume today's moves were sentiment driven and there's some likelihood of a snap back. Things on Swiss economy front aren't exactly rosy either. To me GBP looks oversold at this stage vs CHF and CHF is overbought generally though where the equilibrium should be is anybody's guess and things will be volatile for a while.

Fallen even further 1.79 on Yahoo

It was 3.9471 when I got my 1st swiss-franc salary in 1981.

Rates against the pound since 1948 (£1=CHF 17.6230 !!! ) makes interesting reading at http://fx.sauder.ubc.ca/etc/GBPpages.pdf

there's a similar thread here

just been to my kantonalbank to exchange some francs for pounds for my upcoming trip in november, had to pay CHF 1.88- 1£..............still its already 20cnts less than when i went in September

Do all your x-mas shopping on amazon.co.uk now

grin, I wish I could...........

I wish I had not paid off my student loan LOL

Holy crap, the USD to EUR is 1.25:1.00. It hasn't been like that since, hmmmm. . . . . 2003 maybe?