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28.08.2007, 23:52
|  | Senior Member | | Join Date: Feb 2007 Location: Zug
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| | Re: Weak Swiss Franc
credit crunch over? Not a chance,,, its just starting by the looks of it.
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03.11.2007, 22:06
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| | Re: Weak Swiss Franc
It's about time to start wiring some money again... anyone else? Who get's the best rate for SFr./€ next week?
(Like it really matters with these amounts...) | 
02.01.2008, 16:57
|  | Forum Veteran | | Join Date: May 2005 Location: Ireland
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| | Re: Weak Swiss Franc
Resurrecting thread:
Not looking quite so weak any more, not vs sterling anyway:
From www.xe.com
Live rates at 2008.01.02 15:38:04 UTC ==1.00 CHF== ===== ==0.450071 GBP== Switzerland Francs United Kingdom Pounds 1 CHF = 0.450071 GBP , 1 GBP = 2.22187 CHF
Compared with last August:
Live rates at 2007.08.15 09:39:33 UTC ==1.00 CHF== ===== ==0.414355 GBP== Switzerland Francs United Kingdom Pounds 1 CHF = 0.414355 GBP , 1 GBP = 2.41339 CHF
Not bad, almost 10% increase in five months. Beats the interest I'd have made converting to stg back then and shoving into a UK savings account.
But now, to keep my hoard of dosh in CHF or move it to Stg.... or perhaps, gold
Last edited by Gav; 02.01.2008 at 17:01.
Reason: edited for clarity
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08.01.2008, 15:05
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| | Re: Weak Swiss Franc | Quote: | |  | | | "Weak Swiss Franc"
2.4 to the GBP is about spot on. I have always calculated at this rate.
I remember in 2000 it was up around 2.7 I think that was weak.
DC | | | | | When I arrived in Switzerland in August 1969 there were CHF10.20 to the Pound....
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08.01.2008, 16:28
|  | Forum Legend | | Join Date: Dec 2005 Location: Zuri Oberland
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| | Re: Weak Swiss Franc | Quote: | |  | | | When I arrived in Switzerland in August 1969 there were CHF10.20 to the Pound.... | | | | | Was that before or after the dinosaur killer meteorite?
Did this have any, er, impact?
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08.01.2008, 16:33
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| | Re: Weak Swiss Franc
Before, actually...Happy years, when everything in London was cheap and we were Swissfrankrich.........
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08.01.2008, 16:45
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| | Re: Weak Swiss Franc | Quote: | |  | | | Before, actually...Happy years, when everything in London was cheap and we were Swissfrankrich......... | | | | |
Would you be willing to start a "Good old days thread"? It would be interesting to hear how life was back when the living standard in Switzerland was considerably higher than the rest of Europe and the salaries as well. Or was it ever really so?
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08.01.2008, 17:40
|  | Forum Legend | | Join Date: Sep 2006 Location: Zürich
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| | Re: Weak Swiss Franc | Quote: | |  | | | Would you be willing to start a "Good old days thread"? It would be interesting to hear how life was back when the living standard in Switzerland was considerably higher than the rest of Europe and the salaries as well. Or was it ever really so? | | | | | It was of course the other way round. With CHF10.20 to £1, Switzerland was cheap for Brits and the UK expensive for the Swiss...
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08.01.2008, 18:17
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| | Re: Weak Swiss Franc | Quote: | |  | | | It was of course the other way round. With CHF10.20 to £1, Switzerland was cheap for Brits and the UK expensive for the Swiss... | | | | | How about the good old days? Were there ever any?
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08.01.2008, 18:34
|  | Forum Legend | | Join Date: Sep 2006 Location: Zürich
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| | Re: Weak Swiss Franc | Quote: | |  | | | How about the good old days? Were there ever any? | | | | | The simple sad fact is that we are now living in the good old days.
In a few short years we'll be looking back at with a wistful smile at the days when we had the time, freedom and money to make mind-numbingly posts to forums like this....
| This user would like to thank AbFab for this useful post: | | 
09.01.2008, 16:45
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| | Re: Weak Swiss Franc | Quote: | |  | | | How about the good old days? Were there ever any? | | | | | But don't forget that at the time everything was cheap in the UK, (petrol 5/- a gallon),a 4 bedroomed house about £10000, a cup of tea 7d, a meal 2/6, cinema seats 3/9 etc etc and people earned much less.... annual salary for university grads just starting work about £1200 p.a bank manager £5/6000 p.a. My CHF 2'000.00 per month in 1970 went a long way in the UK...at the time.
| This user would like to thank Derek for this useful post: | | 
09.01.2008, 16:49
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| | Re: Weak Swiss Franc | Quote: | |  | | | The simple sad fact is that we are now living in the good old days.
In a few short years we'll be looking back at with a wistful smile at the days when we had the time, freedom and money to make mind-numbingly posts to forums like this.... | | | | | Of course there were good old days.....no speed limits, no seat belts, no radar traps, no terrorists, friendly bobbies,no Macdonalds,good schools, GCE's,no commercial TV, no video games etc. Watch a few "Miss Marple" episodes with Joan Hickson and you'll get a taste of what it was like.....
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09.01.2008, 17:09
|  | Forum Legend | | Join Date: Sep 2006 Location: Zürich
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| | Re: Weak Swiss Franc | Quote: | |  | | | Of course there were good old days.....no speed limits, no seat belts, no radar traps, no terrorists, friendly bobbies,no Macdonalds,good schools, GCE's,no commercial TV, no video games etc. Watch a few "Miss Marple" episodes with Joan Hickson and you'll get a taste of what it was like..... | | | | | It's lapsing into that 'good ol' days' thread whether we like it or not: Muffin the Mule, Billy Bunter, Uncle Mack on the radio, Two-Way family favourites, Saturday morning cinema, pullovers for goalposts...
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09.01.2008, 18:44
|  | Forum Veteran | | Join Date: Oct 2007 Location: rudolfstetten AG
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| | Re: Weak Swiss Franc | Quote: | |  | | | It's lapsing into that 'good ol' days' thread whether we like it or not: Muffin the Mule, Billy Bunter, Uncle Mack on the radio, Two-Way family favourites, Saturday morning cinema, pullovers for goalposts... | | | | |
Oops showing your age mind you I know what you`re talking about | 
09.01.2008, 18:56
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| | Re: Weak Swiss Franc | Quote: | |  | | | But don't forget that at the time everything was cheap in the UK, (petrol 5/- a gallon),a 4 bedroomed house about £10000, a cup of tea 7d, a meal 2/6, cinema seats 3/9 etc etc and people earned much less.... annual salary for university grads just starting work about £1200 p.a bank manager £5/6000 p.a. My CHF 2'000.00 per month in 1970 went a long way in the UK...at the time. | | | | | This is the sort of stuff I was talking about. Open the good 'ol days thread! | 
09.01.2008, 18:57
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| | Re: Weak Swiss Franc | Quote: | |  | | | ... Muffin the Mule... | | | | | Now sadly illegal in most of Europe | This user would like to thank gbn for this useful post: | | 
10.01.2008, 10:19
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| | Re: Weak Swiss Franc | Quote: | |  | | | It's lapsing into that 'good ol' days' thread whether we like it or not: Muffin the Mule, Billy Bunter, Uncle Mack on the radio, Two-Way family favourites, Saturday morning cinema, pullovers for goalposts... | | | | | not forgetting Andy Pandy and the Flowerpot men....
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10.01.2008, 10:36
| | Re: Weak Swiss Franc | Quote: | |  | | | It's lapsing into that 'good ol' days' thread whether we like it or not | | | | | When this was first on TV, it was so spot on with reference to the stuff parents came out with that it had us on the floor with laughter.
"Monty Python - Four Yorkshiremen" | The following 3 users would like to thank for this useful post: | | 
10.01.2008, 21:49
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| | Re: Weak Swiss Franc
Back to the Franc for a moment, it is at a few months high against the Euro today, median is 1.63 or thereabouts. The CHF against the dollar is 1.10 which is also pretty low!
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10.01.2008, 23:16
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| | Re: Weak Swiss Franc | Quote: | |  | | | Back to the Franc for a moment, it is at a few months high against the Euro today, median is 1.63 or thereabouts. The CHF against the dollar is 1.10 which is also pretty low! | | | | | Yep, I think the Franc is just going to get stronger and stronger. It's a traditional 'safe haven' currency. I believe at one point in the late 70s the Swiss govt sold negative interest rate bonds to foreigners who desperately wanted to hold Francs and were willing to pay for the privilege. The aim was to stop the value of the Franc going ballistic and making Swiss exports completely uncompetitive.
Personally, my Franc savings are now worth 10% more in Sterling than they were six months ago  .
That's not a bad 'interest rate' for me, should I decide to convert my cash.
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