euro exchange rate

[MairiCladach]

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

 

[Harters]

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]

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]

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]

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]

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]

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

 

[Lorenzo]

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]

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]

sainsburys online not been too bad, + nectar point bonus

 

[Sparky]

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

 

[whaleywanderer]

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

Is this rate with or without commision though?

 

[CathB]

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

 

[cumberland8]

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

 

[majprop]

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

 

[bluenose1411]

what are current euro rates over there coming over sunday

 

[Sparky]

Around 1.11 today.

 

[joey36]

Travel FX 1.1350 today Best for a few weeks.

 

[cumberland8]

1.13 ice Waterloo Station, best rate.

 

[med777]

Hiya,

My September holiday statement is just in for my SAGA Platinum credit card.
It carries no annual fee and no charge for use in the EU. There is also no commission charged. The lowest exchange rate I got was 1.14 and the highest 1.16 but the majority of the purchases were 1.15. I always pay in Euros, never pounds ( and if u keep the docket they give u with the £'s or Euro's it is an eye opener when u compare with the statement rate.)
Meanwhile my OH was exchanging cash and getting about 1.06.
This is a very handy card to have when traveling !

Miriam