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Dollar to the English pound exchange rate

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  • Dollar to the English pound exchange rate

    I just returned from the parents meeting for info. about a trip to Europe for high school students, next spring break. At times it felt like a timeshare presentation. The teacher wants to take 12 to 15 students so that she and her husband can travel for free. It started with I am her today to convince you to send you children to England. One of the inaccurate statements was when parents asked about the exchange rate, which she verified was approximately 2 to 1. Then, she stated that it had been about the same for 5 to 10 years. I'm pretty sure that was inaccurate, but just how inaccurate?

    When parents asked about adult fees for supervision, she indicated that the other English teachers were ready to sign up rather than parents. The meeting ended with I have computers right here, lets register you now. The other parents had to check other commitments and no one signed up, but at least 2 were interested.

  • #2
    I'm pretty sure it's at a high point right now. We were in Scotland in 2003 and I don't recall the exchange rate being that high. More like $1.30 to the British pound at that time. Bush has really pushed weakening the dollar to create a more favoable export condition for the U.S. from what I've been told. A weaker dollar makes U.S. goods more affordable and foriegn goods more expensive I guess. I really never think much about it unless I'm having to pay the exchange rate.

    I'd be a little leary if the teachers main objective is to get a free trip out of signing up so many students. From your post, it almost sounds as if they have their interests more at heart than that of the kids. The kids seem to be not much more than their ticket to England and if they could afford to go without them they wouldn't even bother with taking the kids.
    Our timeshare and other photo's at http://dougp26364.smugmug.com/

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    • #3
      I think the last time the pound was worth $ 2 or more was around 1992, it just hit the $ 2 mark again in the last week or two.

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      • #4
        The £ hit a 26 year high against the $ about a week ago. When we were in the US in September 2005 the exchange rate was about $1.70 to the £. 5 years prior to that it was about $1.50 if I remember correctly.
        I would be very concerned about sending any child abroad with a teacher who (a) seems to be more concerned about her own free holiday than in the wellbeing of her charges and (b) is prepared to be loose with the truth in order to fulfil those aims.
        This link will enable you to find out any historic exchange rate. UK £ code is GBP. You might like to suggest she use it before making any other ridiculous claims.

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        • #5
          My daughter and I have decided a better choice would be to study abroad in college or to take a trip after her senior year of college. Before my daughter wanted to elementary teacher. Now she is considering secondary education so she can go on "free" trips. One thing about this age is ideas are frequently temporary and this too will change.

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          • #6
            Originally posted by wandering gnome View Post
            ..... Now she is considering secondary education so she can go on "free" trips. One thing about this age is ideas are frequently temporary and this too will change.
            Clearly not always temporary as the teacher in this case shows.

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