Quote Originally Posted by Terpe View Post
You right Steve, it's been bouncing around that sort of level since May and hasn't gone much above 68 all year.

The trend is definitely creeping down and I just wonder what exchange rate to start using for my calculations too.

I've been using a calculation rate of P50=£1 these past two years and am now considering basing everything around P40
I really believe there needs to be some 'X' factor built in ( kind of safety factor.)

It's looking like my wife has been correct after all. She said we'd better wait another year or so.

If the interbank rate can stay above 60 for the next 12 months I'll be happy.
Thats quite a fair old safety factor.