debeast
(o)(o)
Posts: 238 
Likes: 44
|
Post by debeast on Dec 9, 2013 8:40:14 GMT
Hi there,
I'm about to start with this site.
I'm wondering what site has the most simple download for exchange rates on given days?
Ideally a simple CSV with date and conversion that i can use as a lookup for investments.
Also while i've got you all here . What are your experiences of non recoverable defaults. Are they >10% ??
Thank you
/beastie
|
|
jimbo
Posts: 234
Likes: 42
|
Post by jimbo on Dec 9, 2013 10:43:35 GMT
Check out www.xe.com . They might have what you're looking for... |
|
|
|
Post by batchoy on Dec 9, 2013 11:49:40 GMT
If you don't mind doing it manually and are happy with weekly/monthly rates rather than daily figures then the official ones can be found here: HM Revenue & Customs: Rates, codes and toolsWith regard to defaults, I have no experience as yet as although I have some late payers they seem to catch up and no-one has defaulted, but from what has been posted in the isePankur forum about people's experience with Finnish loans on other sites, there is anecdotal evidence (no stats) that they are more likely to default and if they default they are pretty much unrecoverable, hence people are avoiding these loans or only taking on the better rated ones. As yet there is insufficient data on the Spanish loans, and nothing on the proposed Slovakian loans which we are supposedly going to start seeing this month |
|
duck
Member of DD Central
Posts: 2,868
Likes: 6,912
|
Post by duck on Dec 9, 2013 17:03:21 GMT
HMRC warned me off using their averaged rates insisting daily rates p2pindependentforum.com/post/663/thread
I'm using www.xe.com/currencytables/?from=GBP&date=2013-08-05 picking the days off manually once a week and throwing them into my spreadsheet. Not a great effort.
I'm expecting debt levels to have dropped from >10%. I currently have 3 in @1k loans but expect that to grow as the loans mature .... I already have a couple of prime candidates. ROI still holding up well.
|
|
|
|
Post by batchoy on Dec 9, 2013 17:44:54 GMT
I asked my FD as I know he has held foreign currency investments for some years and his view is that there are only two important exchange rates the one you get when you convert a currency and the one you get when you convert it back, anything else is purely academic, and if you aren't using the exact market rate for the moment in time when the transaction occurred you may as well use HMRC's numbers when completing returns for the HMRC and process the figures on either a weekly or monthly basis.
His advice is also not to measure the performance of foreign investments in GBP but in the currency of the investment as exchange rate fluctuations will fool you into thinking that investments are performing when they aren't and aren't when they are.
|
|
duck
Member of DD Central
Posts: 2,868
Likes: 6,912
|
Post by duck on Dec 9, 2013 18:16:54 GMT
I agree with you batchboy I feel HMRC were having a 'correct by law' moment when they replied to me but since they asked I have set up my spreadsheets to meet their requirements. Exchange rates do play a part when investing with isePankur, I haven't needed/wanted to take out any money yet but I have certainly timed my transfers in.
|
|
|
|
Post by batchoy on Dec 9, 2013 18:39:44 GMT
I agree with you batchboy I feel HMRC were having a 'correct by law' moment when they replied to me but since they asked I have set up my spreadsheets to meet their requirements. Exchange rates do play a part when investing with isePankur, I haven't needed/wanted to take out any money yet but I have certainly timed my transfers in. Sorry to correct you but there is only the first 'b' on batchoy
|
|
duck
Member of DD Central
Posts: 2,868
Likes: 6,912
|
Post by duck on Dec 9, 2013 18:58:28 GMT
Apologies but I am currently being treated for dyslectic fingers ......
|
|
|
|
Post by batchoy on Dec 9, 2013 19:06:48 GMT
Don't worry a lot of people mange to read in a 'b' where there isn't one. :  |
|
JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,323
Likes: 897
|
Post by JamesFrance on Dec 10, 2013 8:34:52 GMT
Partel says recovery rates are good for defaulted loans, I am attaching the spreadsheets again with this post. The problem is that this is a long process and with 5 year loans it will take a long time to be sure. For this reason I would avoid the low interest loans which are now appearing in increasing numbers, which makes setting your profiles difficult. My own experience with the Finnish loans is not giving me the confidence to take on any more at this stage, however some of them seem to be regular payers. Default%20curves.xlsx (189.08 KB) |
|
debeast
(o)(o)
Posts: 238
Likes: 44
|
Post by debeast on Dec 11, 2013 8:39:29 GMT
Thank you everyone who replied much appreciated  jimbo Cheers duck yes i saw your post which got me wondering about it batchoy thank you for the extra info and the warning about how to evaluate the success (or failure) JamesFrance Thanks i saw those in the other post but good to have them here. MY query was based on that . If that what other people are typically experiencing now |
|
JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,323
Likes: 897
|
Post by JamesFrance on Dec 11, 2013 9:11:48 GMT
I would suggest having a good read through the topics in the English isePankur forum where most things are dissected thoroughly. It is rather a pity that Partel no longer takes much part there, but he has recently explained that it is difficult for him as there are more languages being used now. I think he has joined this forum but has not posted yet. I hope he may do so in future.
|
|
james
Posts: 2,205
Likes: 955
|
Post by james on Dec 14, 2013 2:14:52 GMT
The Bank of England provides a list of daily Euro exchange rates and can generate that in Excel or CSV format if desired. It's a convenient way to get daily rates for a whole year or longer. Monthly and annual averages are available there also if you browse around their menus. |
|
