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US Dollar to Euro conversion rates?

Started by Sarah Stewart2 · · 👁 5 views · 8 replies

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Participants Sarah Stewart2Andrew Booth29Richard Wright22Terry HowardMark Wilson66Nicholas Turner
Sarah Stewart2 Sarah Stewart2 NewcomerOP
2 messages
joined Dec 2008
#1 ·
Hey everyone.

I wasn't quite sure how to title this thread—so, here we go. Hopefully, I’ve landed in the right subforum.

Quick question: does anyone know when the exchange rates shift? I've got some cash sitting in Swiss Francs and I'm trying to figure out the best time to swap it over.👍

If anyone has the inside scoop, let me know.
Andrew Booth29 Andrew Booth29 Regular
338 messages
joined Mar 2012
#2 ·
Good grief... Did I miss something big? What do you mean, USD in Switzerland?
😕
Richard Wright22 Richard Wright22 Member
16 messages
joined Jun 2011
#3 ·
Don't even sweat it, you'll get the heads-up right on time😂😂😂
Terry Howard Terry Howard Active Member
87 messages
joined Oct 2007
#4 ·
Where on earth are you getting the idea that the Swiss Franc is going to swap over to the Euro?
Sarah Stewart2 Sarah Stewart2 NewcomerOP
2 messages
joined Dec 2008
#5 ·
Hey everyone—seriously, what kind of idiots are actually running these banks lately? I mean, I was just at my local Chase branch the other day and the lady behind the counter told me something that just left me speechless.
Andrew Booth29 Andrew Booth29 Regular
338 messages
joined Mar 2012
#6 ·
Sarah Stewart2 said:Hey everyone—seriously, what kind of idiots are actually running these banks lately? I mean, I was just at my local Chase branch the other day and the lady behind the counter told me something that just left me speechless.

😕

Even if Switzerland were to actually decide to switch over to the Euro—which, let’s be honest, doesn't look likely at all—all those deposits held in Swiss Francs should theoretically be converted automatically at parity on the actual conversion date. The only thing you'd really have to worry about is the physical cash sitting in your wallet or tucked away in a drawer at home. But even then, most likely, they'll allow for conversions without some arbitrary deadline hanging over your head.
Mark Wilson66 Mark Wilson66 Member
35 messages
joined Mar 2009
#7 ·
Sarah Stewart2 said:Hey everyone—seriously, what kind of idiots are actually running these banks lately? I mean, I was just at my local Chase branch the other day and the lady behind the counter told me something that just left me speechless.

I think you might have misunderstood her, though—that just doesn't sound right to me!
Nicholas Turner Nicholas Turner Active Member
125 messages
joined Oct 2010
#8 ·
Maybe the banker was thinking about Czech koruna or something—who knows!
Andrew Booth29 Andrew Booth29 Regular
338 messages
joined Mar 2012
#9 ·
Could we be looking at a conversion from CHF loans over to USD loans? 😕
It seems like banks are finally planning to step up—offering people the actual choice to swap those old CHF debts for USD instead.

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