euro/pound
- Thread starter JPF
- Start date
Electronic_Liberalism
Member
Slightly better but not that noticeable. They seem to have raised prices on certain things accordingly.
djedwardsmith
Active Member
All fun and games whilst you're out there, until it comes to getting any money you come back with changed and you get bummed.
kimajy
Well-Known Member
you come back with money ?
.. I've yet to leave Ibiza airport with more than a couple of Euros left in my pocket !
Hally
Well-Known Member
you come back with money ?
I can usually scrape enough together for a Salami baguette and a water (which I have to ration out over the flight home).
Fly in like a king, fly out like a tramp!
love it !
kimajy
Well-Known Member
After 2 nights without seeing my hotel or a shower I was feeling exceptionally trampy last week at the check-in desk for the flight home !
Somebody more informed than me (kimajy?) about these things suggested that the exchange rate is likely to get more volatile in the wake of our general election result, should there be a hung parliament again. So maybe worth buying those €uros sooner rather than later.
elmooreo
Well-Known Member
I've been watching it quite keenly with a wedding to pay for at the end of May in Ibiza. This is just about the lowest it has been. I do think it will be more volatile over UK election so might be worth buying some now. I think euro will stay relatively weak regardless with this Greek thing going on in the background. It could get really mad if something unexpected happens during the election. A UKIP/ Conservative coalition probably worst case scenario although pretty unlikely.
MrHullMysterious
Well-Known Member
For UK people I suggest trying asda money, really good rates and I think they do deals on exchanging back too.
Question is buy before or after the election , hmm
Question is buy before or after the election , hmm
Combination of factors:
1) Greek uncertainty
2) Euro Central Bank Quantative Easing policy
3) General deflation across Eurozone including Germany
Assuming the continuation of all above then likely to see Sterling (and other major currencies) trading strongly against the Euro. Up 10pc from last year and around 25pc over last 5/6 years. I've noticed a big difference on trips last few years.
Anyway, economics lesson over...I'll get my coat and stop being a dweeb.
1) Greek uncertainty
2) Euro Central Bank Quantative Easing policy
3) General deflation across Eurozone including Germany
Assuming the continuation of all above then likely to see Sterling (and other major currencies) trading strongly against the Euro. Up 10pc from last year and around 25pc over last 5/6 years. I've noticed a big difference on trips last few years.
Anyway, economics lesson over...I'll get my coat and stop being a dweeb.
Not at all. Your input is very much appreciated by the likes of myself!
Clara
Well-Known Member
If only we had a crystal ball and knew if it was going to fall significantly further! I've got quite a lot of Euros to pay for a 'special day' so have bitten the bullet and paid off a large chunk yesterday as 1.40 is such a good rate. Although it was 1.42 a few weeks ago.
Reckon the pound will weaken after the general election as I can't see an outright winner.
Reckon the pound will weaken after the general election as I can't see an outright winner.
This approach is sensible. I was in Italy a few weeks ago and had reserved a room some time ago. It was payable in Euros so I got a Eurocard and fired the amount of Euros onto it the month before I left - think was about 400 or so - that covered me and I was happy with the rate I got, happy with the Euros I had to pay the hotel so it didn't really matter how much it then fluctuated in the lead up as I was locked in so to speak.
woodruffe
Active Member
who;s giving you 140 142..you sure that was not the bank rate of the day,most you would get on most sites or other places in spain is 136....unless you ask about changing more.like say 2k you might be given more.just a tip as well not much but places on island like cala longa es cana give you a few euro;s more.been like it for years.used to best to use nationwide card but the stop that and started charging you %.. like most i am just happy its better than years ago.now i can spend a bit more and give tips better.