Unused Euros

Aylesbury_Duck

lollylou1 said:

Aylesbury_Duck said:

In which case, see what you can sell them back for.   Let's say you lose £20 between buying and selling. If the interest you can make on the £587 between now and the next holiday where you might spend euros is more than £20, sell them.  If not, hold them.

e.g. open a Nationwide Flex 5% account before tomorrow and you'd get almost £30 in the next 12 months in interest.  

Anything else on the relative strengths of the two currencies is pure guesswork.

I've just noticed on Asda website that:
 "for just £4.99 per currency, Asda Travel Money will buy back your foreign currency bank notes, at the original exchange rate you bought them from us."

On a purely mathematical basis, change them back, bank the money in an account at at least 1% for a year and you'll have covered the £4.99 cost. 

Life__Goes__On

"

lollylou1 said:

@bradders1983
I think that they have currency exchange in store, so I could perhaps do it there next time i go shopping

They are all closed atm
https://money.asda.com/travel-money/

lollylou1

@bradders1983 I hadn't realised the kiosk's in the supermarkets were closed, which in the current circumstances does make sense, so I figure it's probably easier to keep hold of them for now. Thanks for your helpful advice.

bagand96

lollylou1 said:

I've just noticed on Asda website that:
 "for just £4.99 per currency, Asda Travel Money will buy back your foreign currency bank notes, at the original exchange rate you bought them from us."

And the sentence straight after that would tell you that the £4.99 Buy Back Guarantee has to be purchased at the same time you buy your currency.