Hi,
My account is in GBP, but I have noticed when looking at my dividend history that my GBP dividends are showing an exchange rate. What does this exchange rate represent when exchanging from GBP to… GBP?
Hi,
My account is in GBP, but I have noticed when looking at my dividend history that my GBP dividends are showing an exchange rate. What does this exchange rate represent when exchanging from GBP to… GBP?
I’d need more details to check this. Keep an eye on your inbox, I’ll send you a DM shortly
Is the exchange rate 1? If the software for the platform is programmed to convert any amount (buy/sell/dividend…) into base currency then it will do that even if there is no actual conversion so the exchange rate is 1
No, it is different each time, last one I got was 0.00849 and the week before that for a different REIT was 0.00975
I don’t know what it is then. Sorry my reply was incorrect it just seemed an obvious explanation without knowing all of the info. I’ll be interested to know what the actual explanation is
Some LSE-listed companies pay out $ dividends, could be that.
Is this mabye GBX (pence) to GBP (pounds) and vice versa?
Read the post.
20 202 02
Sorry to bump this old thread, but just noticed exactly the same as Harmsy above on my own ISA. GBP dividends from UK companies showing an exchange rate below 1.
Has there been an explanation?
I’ve DMed you because I’ll need more information about the specific dividends you’re referring to. Check your inbox