Advice – buying Euros

Home Forum Chat Forum Advice – buying Euros

Viewing 17 posts - 1 through 17 (of 17 total)
  • Advice – buying Euros
  • cynic-al
    Member

    What’s the whether looking like? 😛

    Premier Icon jambalaya
    Subscriber

    Rate improved to 1.40 best it’s been since 2005 I think. I’d say change now. If you want to hedge your bets do some now say 40-60% and rest later

    ski
    Member

    Cool, not thought about hedging my investment, thanks.

    Weather wise 😉 I am more worried about getting a slug and losing my tourer as soon as I set foot in France 😉

    Premier Icon Holmesey
    Subscriber

    Moneysavingexpert tells where best rates are

    Premier Icon Holmesey
    Subscriber
    ski
    Member

    Does anyone have any tips or predictions on buying Euros?

    Looking to bum my way round Europe for a while

    So Will need some in six weeks time all going well and not sure weather it’s better/safer to buy now or leave it closer to when we need them, I guess Greece will have an effect, but it’s a bit beyond me knowing how this could effect the price?

    Money is tight for me at the moment so a few extra euros to spend would make my travel plans stretch my time away.

    Thanks

    Premier Icon Cougar
    Subscriber

    The exchange rate is at a “seven year high” right now apparently, if that helps.

    FairFX card, it’s the future.

    Mr Woppit
    Member

    FAIRFX.

    Bought at €1.37 to the £1 a week ago at a macro rate of €1.40.

    Spud
    Member

    I set myself an amount of x €for x £ and when it reached it bought, That was in late March. I found Eurochange the best rates.

    Premier Icon Matt24k
    Subscriber

    If you are buying large amounts of cash Euros, do not buy from a High St bank or the Post Office etc. NEVER buy currency at the Airport. There are several Forex websites for companies based in central London that have far better rates.
    Many can post up to £2500 of currency.
    Euro
    BEST FOREIGN EXCHANGE.com 1.3866
    Halifax 1.3392
    Post Office 1.3660
    High Street Bureaus 1.3518
    Marks and Spencer 1.3501

    A FairFX card is good as you fix your rate when you load the card up. If you load it today you will get 1.3708 so not as good as you can get but better than the High St.

    Mr Woppit
    Member

    Slipped to £1 = €1.41 this morning…

    The Post Office has probably the best rate on the high st. 1.373 this morning on £1000. Hassle free, too!

    Bimbler
    Member

    Dunno. But I was in the City the other day and walked past a couple of “hole in the wall” foreign exchange bureaux and there were queues outside both of them – so I guess they must have good rates?

    Premier Icon teamhurtmore
    Subscriber

    1.40 for me

    S’hampton airport was a joke 1:60 – 1:05 spread – gee, that looks good. Form an orderly queue.

    But at 1:40 or better. Expect some weakness over the weekend/early next week with Greece.

    Premier Icon dangeourbrain
    Subscriber

    Asda was at 1.369 last night, based on the £100 I initially looked at, so didn’t need a large purchase to get their better rate (same rate at 1k and up from them). It was the best I could find yesterday for 1000€.

    Given the surprising lack of 11th hour agreement last night though I’m a bit disappointed I didn’t wait till today but is expected a fair rally in the euro rate this morning.

    shuhockey
    Member

    Kanoo is 1.3766 today. Used to be American Express exchange in Sheffield. Shops elswhere as well

    Premier Icon jambalaya
    Subscriber

    tmh, I like Southampton airport very convenient and saves a lot of time with check in/out

Viewing 17 posts - 1 through 17 (of 17 total)

The topic ‘Advice – buying Euros’ is closed to new replies.