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Shops in NI giving £1 to €1?

2»

Comments

  • Jersy
    Jersy Posts: 554 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    dmxdave wrote: »
    But the $ was :rotfl:sorry I knew you meant €

    well spotted!
  • Old_Git
    Old_Git Posts: 4,751 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Cashback Cashier
    from yesterdays belfast tele ,dunnes are offering the exchange rate 1 euro = 90p
    "Do not regret growing older, it's a privilege denied to many"
  • jammin_2
    jammin_2 Posts: 2,461 Forumite
    Old_Git wrote: »
    from yesterdays belfast tele ,dunnes are offering the exchange rate 1 euro = 90p
    That's a crap rate. Current interbank rate is €1 = 97.7p.
  • ballyblack
    ballyblack Posts: 5,153 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    That's a crap rate. Current interbank rate is €1 = 97.7p.

    If its a small shop it will probably only get about 94p-95p when lodging in bank.
    Also there will be a charge for handling foreign currency.

    Most of Euro cash can't be given out again by the bank so it will have to be transported down to the Central Bank in Dublin, an expensive way of doing business
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