Best Timing for Euro-GBP Transfer

Peregrina

Hi Folks,

Does anyone have any reliable-as-possible financial advice on whether I'd get a better deal transfering a 6k lump sum in Euros to GBP now or after the Brexit transition period ends? I'm guessing afterwards, but your advice would be helpful.

I plan to use Transferwise, as they provided the best rate in the past, and the transfer worked perfectly. Their website states that the end of the Brexit transition period won't affect their service provision.

Any help or suggestions will be welcome - thanks in advance.

Albermarle

If you think there will be  a deal then better to exchange Euros to GBP now .( probably)
If you think there will not be a deal then wait until later ( maybe ) 

Another_Saver

No one knows. You could transfer half now half after?

Thrugelmir

On £6k not as if it's going to be a huge sum of money which ever way it goes. Not as if this is the end of the road either. 

GDB2222

Boris is involved. What can possibly go wrong?

Peregrina

Thanks for your responses - excellent quotation, Thrugelmir; exactly the issue!

And yes, GDB2222, what NEXT indeed...?

Wishing you all well - may you enjoy the best this Festive Season has to offer.