if i have saved £500 then transferred it to $s at which point would i make more money tranferring them back?

Question

if the exchange was $2 =£1

Answer 1

using you example if the dollar drop to even money $1 - 1 pound you would double your money not counting fees!!!

Answer 2

Normally when you exchange currency there is a fee involved. Certainly there is a fee to convert cash. If your timing was good and the dollar went up, relative to the pound, while you were in dollars, you might do okay. But its a gamble, and given transaction fees, the odds are against you.

Answer 3

At no point! You are a complete idiot. The dollar has been falling forever. Does George W. have you brainwashed?