euros to pounds then investining

gymfitange

nnnnnnnnnnnnn

caracal_77

I would wait. I think the pound will continue to come down.

gymfitange

OK thankyou for your reply.

I'll will keep an eye on it via xe.com or somthing - is this the rate I should get via the banks or do they use something different?

a7man

You dont need to change everything, why not change an amount weekly/ monthly and then it will average out.

gymfitange

a7man wrote: »

You dont need to change everything, why not change an amount weekly/ monthly and then it will average out.

I don't undersatnd what you mean by this

Inactive

caracal_77 wrote: »

I would wait. I think the pound will continue to come down.

You may " think " that, but you don't know that.

None of us know the answer to this one.

jyonda

gymfitange wrote: »

I don't undersatnd what you mean by this

If you change 1000 per month for 18 months then any rises or falls in the exchange rate will be averaged out over that period but transfer fees will eat into the capital. I'd just sit tight until new year then do half then half again when you need it.

Bank accounts have an IBAN reference for international transfers so you could even do the transfer online if you have that facility.