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Euro/Pound exchange rate

DiscoCAFC
DiscoCAFC Posts: 1,767
in Not Sports Related
It is currently 1.16 Euro to £1 pound which is shocking!

I'm going to Spain in a month's time, shall I think about exchanging now or do you think the Pound will go strong again?
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Comments

  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    I just draw it out the hole in the wall and don't think about what I'm getting. For the sake of 500 - 1000 quid holiday spending money, your saving/loss is surely minimal
  • IdleHans
    IdleHans Posts: 11,092
    Agree with Ibborg.
    Just enjoy your holiday.

    Rates at gatwick on Friday were 1.01/1.39. Shocking spread!
    Use the hole in the wall when you get there.
  • eaststandmike
    eaststandmike Posts: 14,956
    I agree with the lads above. I have just done 10 days in Tenerife and never noticed the drop in the rate.
  • Fumbluff
    Fumbluff Posts: 10,209
    buy dollars instead
  • Macronate
    Macronate Posts: 12,945
    Where are you getting 1.16 to the £?
  • guinnessaddick
    guinnessaddick Posts: 29,054
    Book on line and collect at the airport
  • Mendonca In Asdas
    Mendonca In Asdas Posts: 22,707
    edited August 2016
    Disco , shop around, the amount of euros you get to the pound has gone through the floor since Brexit, I got lucky and took a punt and bought the night before the Brexit, ( go with your instinct) if I'd have bought the next day I would have been 400 euros worse off, I've looked every day since I bought back in June and it's only gone down, I'm no expert on currencies but it will have to take something pretty hefty in the next month or so to get it going back up the other way.
  • floydroadfaithfull
    floydroadfaithfull Posts: 4,778
    Just enjoy ur holiday and don't think about it
    I'm just back from Rhodes and yes a meal out this year works out £35/40 instead of £25/30 last year but so what just have a good time
  • IA
    IA Posts: 6,103
    Sheffield United The Pound will come good.
  • soapy_jones
    soapy_jones Posts: 21,443
    Nice to be able to afford a holiday!

    Stop griping... AND enjoy it Addick

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  • PragueAddick
    PragueAddick Posts: 22,271
    edited August 2016
    Oh the irony of this thread and its first two contributors

    But that's churlish. Sorry Disco. Agree with others, ATM when you get there, and take out maximum in one go, and put it in a safe. You get charged a fee every time you use an ATM
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    PragueAddick said:

    Oh the irony of this thread and its first two contributors

    Irony? You sure Prago
  • Chris_from_Sidcup
    Chris_from_Sidcup Posts: 36,267
    DiscoCAFC said:

    It is currently 1.16 Euro to £1 pound which is shocking!

    I'm going to Spain in a month's time, shall I think about exchanging now or do you think the Pound will go strong again?

    I doubt that's likely this year, never mind in the next month.
  • PragueAddick
    PragueAddick Posts: 22,271
    i_b_b_o_r_g said:

    PragueAddick said:

    Oh the irony of this thread and its first two contributors

    Irony? You sure Prago
    Oh deffo, Biggun. Oh wait, don't tell me. You took out a currency hedge in Swiss francs...

  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    edited August 2016
    PragueAddick said:

    i_b_b_o_r_g said:

    PragueAddick said:

    Oh the irony of this thread and its first two contributors

    Irony? You sure Prago
    Oh deffo, Biggun. Oh wait, don't tell me. You took out a currency hedge in Swiss francs...

    The op is askin about exchange rates and the best time to buy his currency.
  • PragueAddick
    PragueAddick Posts: 22,271
    i_b_b_o_r_g said:

    PragueAddick said:

    i_b_b_o_r_g said:

    PragueAddick said:

    Oh the irony of this thread and its first two contributors

    Irony? You sure Prago
    Oh deffo, Biggun. Oh wait, don't tell me. You took out a currency hedge in Swiss francs...

    The op is askin about exchange rates and the best time to buy his currency.
    I know. However the op is also a proud Kipper, who believed it was all Project Fear rubbish. Anyway, amended my post to try and offer a useful tip

  • The Prince-e-Paul
    The Prince-e-Paul Posts: 6,712
    The pound is poor acroos the board really. I was looking to buy a property in Sweden, but have had to put it on hold. When I last visited in November we got 13.4 Krona and now at 10.8 a drop of around 20%. That's a shocking fall when were talking a house price. Somehow they never had a property price fall right through the 2008 fall and beyond, they've just keep climbing. Was hoping we'd wait it out for a bargain, but not looking like it anytime soon.

    As for Euro's i've got a Halifax Clarity Mastercard, which offer's bank exchange rate (almost) and no exchange fees even when withdrawing from cash machine's or purchases. When were abroad i just take cash out of machines as we go.

    A good site for travel money advice.
    http://www.moneysavingexpert.com/travel/cheap-travel-money
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    PragueAddick said:

    i_b_b_o_r_g said:

    PragueAddick said:

    i_b_b_o_r_g said:

    PragueAddick said:

    Oh the irony of this thread and its first two contributors

    Irony? You sure Prago
    Oh deffo, Biggun. Oh wait, don't tell me. You took out a currency hedge in Swiss francs...

    The op is askin about exchange rates and the best time to buy his currency.
    I know. However the op is also a proud Kipper, who believed it was all Project Fear rubbish. Anyway, amended my post to try and offer a useful tip

    Bugger! If only we'd thought of just ourselves and our holiday spending money when voting, instead of more important long term issues eh. Cheers for quickly pointing that out Prago...

    Anyway, back to the subject in hand
  • Ormiston_Addick
    Ormiston_Addick Posts: 8,818
    I'd have thought the value of sterling was a pretty important long term issue, that's why the UK did not join the Euro in the first place.

    Travelling overseas is now significantly more expensive for Britons, but at least Nigel got to tell the Brussels bureaucrats to go fuck themselves, so that's worked out pretty well on balance.
  • Huskaris
    Huskaris Posts: 9,896
    edited August 2016
    .

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  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    Ormiston Addick said:

    I'd have thought the value of sterling was a pretty important long term issue, that's why the UK did not join the Euro in the first place.

    Travelling overseas is now significantly more expensive for Britons, but at least Nigel got to tell the Brussels bureaucrats to go fuck themselves, so that's worked out pretty well on balance.

    Is it going to be long term then? When you say long term, do you mean the next 5, 10, 20 or 100 years?
  • ricky_otto
    ricky_otto Posts: 22,600
    DiscoCAFC said:

    It is currently 1.16 Euro to £1 pound which is shocking!

    I'm going to Spain in a month's time, shall I think about exchanging now or do you think the Pound will go strong again?

    I got 1.20 with Thomas global last week.

    I wouldn't give it to much thought. Just enjoy your holiday.
  • Valiantphil
    Valiantphil Posts: 6,427
    Wait about 5 years and there probably won't be any such thing as a Euro.
  • Halix
    Halix Posts: 2,237
    edited August 2016
    Ah Thats why Roland finally got a British manager and some non-network players, its the exchange rate... he saw it all coming....clever man, clever man!
  • Halix
    Halix Posts: 2,237
    Valiantphil said:

    Wait about 5 years and there probably won't be any such thing as a Euro.

    So long as they dont bring out a WorldCo.
  • Joshuk87
    Joshuk87 Posts: 503
    I always use these guys. Order online then pick up from a branch. Normally the best rate you will get. https://www.bestforeignexchange.com
  • ChiAddick
    ChiAddick Posts: 1,781
    You can nearly always get better rates out there. I went to Cyprus this summer and the exchange rate was much better out there.
  • AddickUpNorth
    AddickUpNorth Posts: 8,326
    I'm off to Amsterdam on Monday, haven't got my euros yet. I'm sure I'll get a good enough deal to pay for what I want over there.
  • DaveMehmet
    DaveMehmet Posts: 21,735
    AddickUpNorth said:

    I'm off to Amsterdam on Monday, haven't got my euros yet. I'm sure I'll get a good enough deal to pay for what I want over there.

    Depends how "specialist" your needs are.
  • AddickUpNorth
    AddickUpNorth Posts: 8,326
    DaveMehmet said:

    AddickUpNorth said:

    I'm off to Amsterdam on Monday, haven't got my euros yet. I'm sure I'll get a good enough deal to pay for what I want over there.

    Depends how "specialist" your needs are.

    Pretty basic mate, pretty damn basic :wink:

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