Buying euros in uk.

[MrHullMysterious]

Possibly might want to buy tmrw before it drops if going on holiday soon.

(Chancellor and health secretary have just resigned. Uncertainty affects rates )

 

[B_Falls]

Possibly might want to buy tmrw before it drops if going on holiday soon.

(Chancellor and health secretary have just resigned. Uncertainty affects rates )

Its unlikely to change the exchange rate enough to justify the fees. Markets aren't showing any movement after hours, slight strength in gbp, nothing noteworthy

 

[MrHullMysterious]

Its unlikely to change the exchange rate enough to justify the fees. Markets aren't showing any movement after hours, slight strength in gbp, nothing noteworthy

Hope so. Was £1 : €1.21 in April and been on slow slide ever since then.

 

[B_Falls]

1.17 right now, gone up since yesterday. The euro to usd is almost even which is incredible for me, was 1.15 or 1.2:1 last year

 

[MrHullMysterious]

Yeah I saw its actually gone up amazingly

I noticed tesco travel money use the previous days rate - 0.02 so can delay until next day, or buy today to get yesterday's rate if its tanking.

 

[eclipse15]

Boris’ impending departure might actually have the opposite to usual effect of government disruption and see more confidence in the pound from the markets

 

[B_Falls]

Boris’ impending departure might actually have the opposite to usual effect of government disruption and see more confidence in the pound from the markets

possibly in the short term, but Brexit is going to absolutely hammer the GBP over time. Losing 100B/yr is just not sustainable.

 

[MrHullMysterious]

I remember the year it was €1.45 : £1.

I also remember they year it was €1.05 : £1


Be interesting if it gets to 1.18 or even 1.20 again but unlikely as its gains on euro is due to euro being even weaker than gbp to dollar. Not strength of gbp.

 

[MrHullMysterious]

1.18 now. Crazy world

 

[MrHullMysterious]

Think it's probs peaked now.

With the extra money from those gains, it might stretch to a bottle of water in Ushuaia

(still can't believe is £10 or approx 25% of weekly shop
Post in thread 'drink prices 2022' https://forum.ibiza-spotlight.com/threads/drink-prices-2022.80556/post-1074768)

 

[Ibizapaul]

Vaguely on-topic, but I had to pay the balance of my hotel this week, 741 euros. They asked me if I wanted to pay in GBP or euros...I did a bit of research and said euros. Ended up paying £638.56, but if I had opted to pay in GBP it would have been £674!

£36 saved. So if you ever get asked this question, always pay in euros...sorry if this is obvious, but I didn't know!

 

[B_Falls]

Vaguely on-topic, but I had to pay the balance of my hotel this week, 741 euros. They asked me if I wanted to pay in GBP or euros...I did a bit of research and said euros. Ended up paying £638.56, but if I had opted to pay in GBP it would have been £674!

£36 saved. So if you ever get asked this question, always pay in euros...sorry if this is obvious, but I didn't know!

ALWAYS - ALWAYS - ALWAYS pay in local currency. If whomever is offering you the conversion to GBP/USD/other to pay your bill it's because they are charging you a conversion fee to do it. Your credit card or bank will do this automatically for free.

 

[diver]

Vaguely on-topic, but I had to pay the balance of my hotel this week, 741 euros. They asked me if I wanted to pay in GBP or euros...I did a bit of research and said euros. Ended up paying £638.56, but if I had opted to pay in GBP it would have been £674!

£36 saved. So if you ever get asked this question, always pay in euros...sorry if this is obvious, but I didn't know!

Same at ATM too, always choose “without conversion”

 

[B_Falls]

Euro = USD for the first time in 20 years. makes my holiday 20% cheaper

 

[MrHullMysterious]

I chickened out and bought my euros for 1.16 to 1 gbp, so better than 1.13 not long ago. (Market is at 1.185 at min).