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Go Back   Pollensa Forum > GENERAL > Miscellaneous

Miscellaneous Use this area ONLY if you can't find a suitable home for your topic. We'll create a new area if necessary and reserve the right to move topics to more suitable areas. Only post regarding the Pollensa area. This is not a forum for general discussion.

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  #1  
Old 06-05-2010, 14:41
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Default Exchange rate

Looks like the exchange rate is moving in the right direction again. Just checked and it's now over 1.18 Euro to the pound (bank rate).

Think I may get some on the way home tonight in case the election results cause it to slip a little. Got some yesterday at nearly 1.13, should be even better today.

It may just get me another couple of olives in Stay!

Last edited by PaulB; 06-05-2010 at 14:46.
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Old 06-05-2010, 17:26
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Paul,

Don't rush cos a lot of money is pouring back into UK gilts ( and future sterling value ) . View of the relative economies ( i.e. who is in the biggest do doos !!! ) between the southern Europe Eurozone and the UK is coming under a lot of scrutiny at present. Some economists believe the " true value" of the GBP should be nearer E 1.38 but of course that depends a lot on you guys , back in the UK , chosing a stable government .

Bonyladette and I got our postal vote away last weekend for the Monster Raving Lunatic Party ( Bet they don't get many of those !!!! ).

BonysLad
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Old 06-05-2010, 17:33
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Bonyslad,

Indeed it was better I got 1.15 and a half. Extra slice of bread as well! Not a major player just getting some spendies together. Still got some in reserve though.

I'm off now to decide which thief to put my X against.
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Old 06-05-2010, 17:41
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Quote:
Originally Posted by PaulB View Post
Bonyslad,


I'm off now to decide which thief to put my X against.
Ahhh !!!!! Democracy at work , eh ??? Makes me proud to be paying UK taxes !!!!!

BonysLad
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  #5  
Old 06-05-2010, 18:35
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Well that's it, I just did the deed.

God I feel so filthy!
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  #6  
Old 06-05-2010, 19:30
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1.14 today, first batch - keep on risin' !
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  #7  
Old 06-05-2010, 21:41
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lol @ PaulB

very funny (( I'm off now to decide which thief to put my X against. ))

Im a newbie and looking around the site it's nice to see people avin a laugh.

Im going tae try the tapas bar thing I think before this post is removed because some people might be offended at someone avin a laugh.

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Old 06-05-2010, 23:20
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As i have already advised you Beebop, this site is for anything PP related.
There is a section on the Tapas Bar where you can talk about the election, if you want to join in the debate you will be very welcome.
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Old 07-05-2010, 11:22
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Just checked the interbank rate and, as forecast, with a hung parliament, has now dropped to 1.14. Shame as it was getting better by the day.

I would imagine once the parties sort themselves out the rate will start climbing again (hopefully).
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  #10  
Old 07-05-2010, 14:32
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Hopefully.

Seems to have steadied at 1.149 now. Obviously cushioned by what's happening elsewhere, i.e. Greece etc, and low confidence in the Euro. Bigger do-dos as Bonyslad has so eloquently said.
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Old 12-05-2010, 09:54
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I see it has hit 1.18 again today .
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Old 12-05-2010, 09:59
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Keep goin' baby!

Last edited by PaulB; 12-05-2010 at 10:04.
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Old 12-05-2010, 11:10
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Crown Currency are offering 1.19 on pre booked currency for July.

I wish I had waited - its one of those "shall I or shan't I" situations.

I settled on 1.14.
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Old 12-05-2010, 15:21
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I think the 1.18 is the bank rate, i.e. If your changing thousands etc. The tourist rate is lower between 1.13 - 1.15 so I would be happy with 1.14. I'm out in PP from 06/06/10 and will take 1.14 in fact I think I'll take a trip to M&S this evening
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Old 12-05-2010, 16:28
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Have a look on Money Saving Expert: Consumer Revenge - Credit Cards, Shopping, Bank Charges, Cheap Flights and more and select the travel section. Here you can put in you're looking for cash and then state the currency and amount. You'll get access to a table showing everyones rates and charges etc so a good comparison site.

I ordered ours from the Post Office yesterday and it's waiting for me to go and get it right now. I'm waiting for my bodyguard first though
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