£ to euro

CaptainWales

Looking to exchange for july holiday - should I buy now for around 1.18 exchange rate or anything likely to change to better this rate?

RobM99

Nobody knows. It's a gamble you take.  How about buy half now and half later?

CaptainWales

Appreciate it's a gamble but sometimes anticipated news works one way or another. Good suggestion about buying half though.

eDicky

Any 'anticipated news' has already affected the current exchange rate in the market, it's only the unexpected that will affect it as time passes.

The mid-market rate at this moment is 1.1925 - are you intending to exchange cash if you're only getting 1.18..?

NoodleDoodleMan

Most places now taking card payments as routine according to returning holidaymakers - just take a small amount with you and settle up with a "user friendly" credit or debit card.

https://www.moneysavingexpert.com/credit-cards/travel-credit-cards/

CaptainWales

What a difference a week makes. Thanks BoE for the rate dropping!