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What will the $US/ŁUK exchange rate be at midnight 24th October (UK Time)?

Settled as $1.610 or less to the ŁUK

Multiple sites have shown that the exchange value of the UK pound in US dollars was below $1.610 on Friday, 10/24. Although none of them specify the time of Midnight UK, it seems best to settle this question with the information available. Two sites showed the pound being valued at $1.584 on the 24th.

Background:

The $US -UKŁ (GBP) exchange rate at 6pm UK today (13th October) is around $1.73/Ł.

What rate will I get for my vacation when I leave on the 24th October (well its actually a GOTV trip!)

To be formal - what will the exchange rate be at midnight on Friday 24th October (7pm Eastern Standard Time) on Reuters UK?

The relevant website is http://uk.reuters.com/business/currencies.


Settlement details: As shown on Reuters website: http://uk.reuters.com/business/currencies at midnight on 24 October.

 
Forecast history, %
   Zoom in

Settled

$1.610 or less to the ŁUK
71%
$1.611 - $1.64 to the ŁUK
5%
$1.641 - $1.67 to the ŁUK
5%
$1.671 - $1.70 to the ŁUK
7%
$1.701 - $1.73 to the ŁUK
3%
$1.731 - $1.76 to the ŁUK
3%
$1.761 - $1.79 to the ŁUK
3%
$1.791 - $1.82 to the ŁUK
2%
$1.821 - $1.85 to the ŁUK
2%
More than $1.85 to the ŁUK
1%
Activity: H$10,902
Settled as $1.610 or less to the ŁUK on Tue 4th Nov 9:41am PST

Suspend date: Fri 24th Oct 12am PDT Settlement date: Tue 4th Nov 9:41am PSTPrediction cut-off: Predictions on this question after Fri 24th Oct 12am PDT have been voided because they were made after the question could be settled

Initial likelihoods: $1.610 or less to the ŁUK: 5%, $1.611 - $1.64 to the ŁUK: 10%, $1.641 - $1.67 to the ŁUK: 10%, $1.671 - $1.70 to the ŁUK: 10%, $1.701 - $1.73 to the ŁUK: 15%, $1.731 - $1.76 to the ŁUK: 15%, $1.761 - $1.79 to the ŁUK: 10%, $1.791 - $1.82 to the ŁUK: 10%, $1.821 - $1.85 to the ŁUK: 10%, More than $1.85 to the ŁUK: 5%

Action history:

Created Mon 13th Oct 9:47am PDT by ianochaye
Suspended Fri 24th Oct 12am PDT : Suspend date reached
Settlement requested Fri 24th Oct 4:02pm PDT by ianochaye: Google Finance

British Pound (GBP) in United States Dollar (USD)


1 GBP = 1.587 USD -0.0320 (-1.977%) Oct 24, 8:00PM
Settlement requested Sun 2nd Nov 2:42pm PST by ianochaye: When please will this be settled. I have provided evidence previously . Many thanks. Ian
Settled as '$1.610 or less to the ŁUK' Tue 4th Nov 9:41am PST by bayoubear[Admin]: Multiple sites have shown that the exchange value of the UK pound in US dollars was below $1.610 on Friday, 10/24. Although none of them specify the time of Midnight UK, it seems best to settle this question with the information available. Two sites showed the pound being valued at $1.584 on the 24th.

Suspend date: Fri 24th Oct 12am PDT Settlement date: Tue 4th Nov 9:41am PSTPrediction cut-off: Predictions on this question after Fri 24th Oct 12am PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (24)

24 predictions

5 weeks ago
pitchedoutsideleg predicted $1.610 or less to the ŁUK (H$5,000 at 26%)
5 weeks ago
cognos[Power User] predicted $1.761 - $1.79 to the ŁUK (H$100 at 7%)
5 weeks ago
cognos[Power User] predicted $1.671 - $1.70 to the ŁUK (H$444 at 13%)
5 weeks ago
apatel39 predicted $1.671 - $1.70 to the ŁUK (H$20 at 9%)
5 weeks ago
ianochaye predicted $1.671 - $1.70 to the ŁUK (H$100 at 8%)
more

Comments (7)

  1 bayoubear[Admin]
Looks like bad news for you heading our way on the exchange rate...last time I was in England it was more like $1.90 and now it seems that it may be around $1.57
posted 5 weeks ago
  2 ryanj[Admin]
This is so awesome, I'm living in Edinburgh and I've been dreaming of such a low exchange rate! Things are all gonna be a bout .5% cheaper for me when I exchange my USD. Woot Woot, sometimes recessions are good :-)
posted 5 weeks ago
  3 tisha[Admin]
@ryan - yes, but isn't your sole income paid to you in ŁŁ ?? lol
posted 5 weeks ago
  4 ianochaye
I have tried to get this question settled but have had no success - despite a reminder. Can anyone help?
posted 4 weeks ago
ianochaye- it helps if you provide a link when requesting settlement. Do you happen to have one? If so, that would help the admin to settle this one faster.
posted 4 weeks ago
  6 bayoubear[Admin]
I can settle this as of the date of 10/24, but will that match up to what the price was at midnight UK time?

Do you have a reference site that would provide that exact time and rate?
posted 4 weeks ago
  7 bayoubear[Admin]
My settlement source has the exchange rate being 158.45 on the 24th which would settle as the first option, 1.610 or less. But the price on the 23rd was 1.6181 and the rate on the 25th was 1.6254...it seems to be that it should be settled as the first option, unless someone can provide a site that shows that it was higher than $1.610 at midnight (UK) on the 24th....anyone?
posted 4 weeks ago

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