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MairiCladach 14-07-2011 13:14

euro exchange rate
 
Hi,

I know the markets are very hard to predict but I'd appreciate any advice on whether we should wait to buy our euros. The rate offered today by ICE and Fairfx is pretty good (1.115), but is that likely to rise - or fall - over the next week or so? I can't make much sense of the financial news at the moment!

Thanks,

Mairi:confused:

Harters 14-07-2011 16:38

Quote:

Originally Posted by MairiCladach (Post 61702)
Hi,
but is that likely to rise - or fall - over the next week or so?

Who can guess? Currency exchange is always a gamble. Either way, you're only going to lose or gain a tiny amount of money over the course of a holiday.

Personally, I only ever take a small amount of local currency whenever I travel and then use an ATM as at home.

cumberland8 14-07-2011 21:46

thatS not a bad rate, ICE have been consistently top exchange in the uk for over a month now ,using credit cards or ATMs is just giving the banks extra commission(up to 18.00 in every 100.00) but it dOes mean a money belt.
Remember cash is King in Mallorca

Smiddy 17-07-2011 13:43

Currency speculation should be left to the experts, I tend to follow my instincts, if i see a rate i fancy, i go for it! I now tend to load everything on to one of the pre-paid cards before i go and that's it settled one way or the other. Apart from the odd flucuation the rate has hovered around the 1.10 mark for the last 18 month, and as the previous poster said it won't make a great deal of difference over the course of a holiday. My advice would be to have a good read at the advice given by many on this board and make your money go further once you get there! It will save you far, far more than any rate changes.

Harters 17-07-2011 14:51

Talk about rip-offs!

I was at Manchester airport yesterday, waiting for my companion in life to return from holiday. Spotted the rate being offered by the currency kiosk.

0.98.

This is NOT a typo.

Gommar Goffer 18-07-2011 12:36

Sterling is creeping up again against the euro - 1.145 from my currency exchange but still very volatile - just keep an eye on the rates and grab a good one if you see it

sws97sdg 06-08-2011 16:07

Up and down but just got 1.114 at Debenhams which I thought was ok

Lorenzo 06-08-2011 16:12

exchange rate
 
Yes, I used Debenhams bureau de change when we went out in July - and they had the best rate I could find at the time. :)

sws97sdg 06-08-2011 16:23

Yes that's what I found I used M&S before as they were surpossed to be the best but they were only 1.08 today

smg 06-08-2011 21:44

sainsburys online not been too bad, + nectar point bonus

Sparky 07-08-2011 00:30

The travel agent on C/Formentor were offering 1.12 today.

whaleywanderer 07-08-2011 11:08

Quote:

Originally Posted by sparky (Post 62917)
The travel agent on C/Formentor were offering 1.12 today.

Is this rate with or without commision though?:rolleyes:

CathB 07-08-2011 11:23

Travel House (for those in South Wales) offering 1.12 yesterday (no commission)

cumberland8 18-08-2011 17:05

Ice Waterloo 1.13, nice fella on Formantor road 1.10 today.

majprop 19-08-2011 15:45

The exchange rate for this moment in time today stands at 1.1460. Quite a jump from yesterdays rate.


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