Latest posts for the topic "Buy at today's rate?"

Buy at today's rate?

Thu, 22 Dec 2011 21:46:50 GMT

With the exchange rate today GBP at 1.20Euro do you dive in & buy now or leave it until later & hope for a better rate!

Re:Buy at today's rate?

Thu, 22 Dec 2011 21:58:55 GMT

I'm glad you pointed this out, Finn. I hadn't looked for a few days.

So what to do?

The other question is where to change your money.

Re:Buy at today's rate?

Thu, 22 Dec 2011 22:15:28 GMT

The Post Office is offering 1.17, same with Travelex, M&S are 1.15, so where are you getting 1.20 from?

Hope you are not going down the postal route again Finn!

Re:Buy at today's rate?

Thu, 22 Dec 2011 23:04:12 GMT

I bought 800 euros today and was surprised at the price. Much better than i was expecting.

Re:Buy at today's rate?

Thu, 22 Dec 2011 23:11:20 GMT

Dave Mac wrote:The Post Office is offering 1.17, same with Travelex, M&S are 1.15, so where are you getting 1.20 from?

Hope you are not going down the postal route again Finn!

It was a small independant cash place where we live. They have been 0.2Euro above the post office rate for most of the year. Hand your cash over at the counter & you get your currency there & then.
One bitten twice shy, very careful these days Dave where I get my currency. :oops: 8)

Only reason I posted is we have seen the ex rate as low as 1.12Euro, whether your paying for a family of four or going as a single traveller every cent counts these days. Trying to gauge opinion whether folk think its better to wait or not.
Flying out 19th Jan. :lol:

Re:Buy at today's rate?

Thu, 22 Dec 2011 23:13:29 GMT

http://www.exchangerates.org.uk/Pounds-to-Euros-currency-conversion-page.html

Is reporting 1.2 if you can actually buy at that is good deal

I am off on 14 Jan, I am.going to wait

Re:Buy at today's rate?

Thu, 22 Dec 2011 23:17:03 GMT

Dave Mac wrote:The Post Office is offering 1.17, same with Travelex, M&S are 1.15, so where are you getting 1.20 from?

Hope you are not going down the postal route again Finn!

1.20 is the forex rate. Given the heroic stand by Mr Cameron against the Franco/Germanic hubris I think it will head further north, so hang fire I say!!! :!:

Re:Buy at today's rate?

Fri, 23 Dec 2011 16:04:39 GMT

I'm hanging on - they've not fixed the troubled economies and the UK's choice not to lend money it hasn't got may have upset some of the euro economies, who are doing what they can to avoid printing (Euros and seeing their own wealth devalued). Once Germany & France have converted their assets into GBP, $ Yen, SF etc they will print more Euros the Euro will devalue further but at least it won't cost so much to bail out Greece, Spain, Italy....

Re:Buy at today's rate?

Fri, 23 Dec 2011 16:23:58 GMT

For what its worth, my economist mate says BUY!!!!

Re:Buy at today's rate?

Fri, 23 Dec 2011 21:23:50 GMT

So does my musician mate!!!!!

Economic axiom number one.........

Never take financial risks on tips from people who are still working!!!!!!!!

Re:Buy at today's rate?

Fri, 23 Dec 2011 21:44:47 GMT

Who said he works?

Re:Buy at today's rate?

Fri, 23 Dec 2011 22:46:31 GMT

That settles it. If an economist and a guitarist says to buy now, we wait! :twisted:

Dunno why I'm joining in this, I have a bucket full of Euros left over from last season, partly a slight miscalc, and partly cos of much lower ski costs than my budget plan. I can assure you, this is a rare condition.

Re:Buy at today's rate?

Sat, 24 Dec 2011 06:14:09 GMT

Should have bought - down to 1.19 this morning :cry:

Mind you I'll feel like a Russian Oligarch on this after 1.09 last year :-)

Re:Buy at today's rate?

Sat, 24 Dec 2011 08:01:31 GMT

Well, I bought my 200 euros and spent my 600 or so euros on ski passes about a week ago and got 1.16 in Thomsons for the cash (don't know about the ski pass rate exactly but should have been a bit better than the cash with Visa), which I think was a reasonable enough rate.

Small fluctuations like a few cents don't make much difference anyway, unless you're buying a house or something. e.g. a 4% reduction in the rate we get, on GBP1000, is only GBP40.

I think I got about this rate last year, in Feb. It's surprising really the way the euro is holding up at the moment (or is it that the pound is down as well?).

Ally

Re:Buy at today's rate?

Sat, 24 Dec 2011 09:39:20 GMT

AllyG wrote:Small fluctuations like a few cents don't make much difference anyway, unless you're buying a house or something. e.g. a 4% reduction in the rate we get, on GBP1000, is only GBP40.

Ally

ONLY??? The is 3 drinks in Val Thorens :D

Re:Buy at today's rate?

Sat, 24 Dec 2011 09:39:35 GMT

AllyG wrote:

Small fluctuations like a few cents don't make much difference anyway, unless you're buying a house or something. e.g. a 4% reduction in the rate we get, on GBP1000, is only GBP40.

Ally

Think positive Ally. Thats a coffee where you're going.

Re:Buy at today's rate?

Sat, 24 Dec 2011 12:42:29 GMT

Tony_H wrote:

AllyG wrote:

Small fluctuations like a few cents don't make much difference anyway, unless you're buying a house or something. e.g. a 4% reduction in the rate we get, on GBP1000, is only GBP40.

Ally

Think positive Ally. Thats a coffee where you're going.

I thought Meribel was supposed to be cheaper than Courchevel?
It's just as well I don't like coffee then :lol:

Ally