Debate House Prices


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When to buy holiday euros

wadewade
wadewade Posts: 735 Forumite
Part of the Furniture 100 Posts Combo Breaker
in Debate House Prices & the Economy
I shall need some euros to pay cash for my holiday accommodation in June. I see the rate has declined quite a bit since our holiday last September. Should I buy at the current rate in case the rate goes down further with the referendum approaching?

Comments

  • Jon_B_2
    Jon_B_2 Posts: 832 Forumite
    500 Posts
    Watching with interest as I've some spending money for our trip to France in a savings account in Sterling, but have pondered buying some Euros now. Kind of wish I bought backend of last year when it was €1.40 to the pound.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    wadewade wrote: »
    Should I buy at the current rate in case the rate goes down further with the referendum approaching?

    I'd watch the ECB's actions more closely than Brexit discussions.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    I never knew getting a few hundred quids worth of Euros was so involved.
  • daveyjp
    daveyjp Posts: 13,606 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If you really are so concerned buy some every week. Some weeks you may win, some you may lose.
  • purch
    purch Posts: 9,865 Forumite
    wotsthat wrote: »
    I never knew getting a few hundred quids worth of Euros was so involved.

    We're off to Mardid tomorrow.................my finger was trembling over the buy button, took me all of 5 seconds :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • purch
    purch Posts: 9,865 Forumite
    wadewade wrote: »
    I shall need some euros to pay cash for my holiday accommodation in June. I see the rate has declined quite a bit since our holiday last September. Should I buy at the current rate in case the rate goes down further with the referendum approaching?

    I consider that GBP/EUR should be in the range 1.25/1.30. Anything outside that is an aberration.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • antenna
    antenna Posts: 1,776 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The best time is/was 15.24pm on 20/11/15.........i got Euro1'43760...
    so the correct answer is NOBODY KNOWS.......and those that do, earn around £500.000 a year and wont tell you anyway.
    Political?....I dont do Political....well,not much!
  • wadewade
    wadewade Posts: 735 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Thank you to all those who gave positive advice.
This discussion has been closed.
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