I'm moving from the U.K. to Canada in about 2 months. When I go i will be bringing a fair bit of money. My question is should I exchange my Pounds to Canadian Dollars now or later. What would get me the best exchange? Its $1.9 to £1 now.
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Shop around. All the large Canadian banks have web pages and through them you could find contact information. Simply ask what rate they will give you. You can also ask banks in the UK and determine where the best deal is. Probably you will find that a one-time lump sum transfer from £ to $ will cost the least. -
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