Euro (€) Currency Thread

davidanddeirdre

Exchange rates: We generally use M&S (in York) as their currency rates are always amongst the best and there is no lower limit. Change £ cash unless you know your card will not charge.
Another hint- when you come back, don't change any spare money back unless you know you are going to get the same rate you paid for it, in most change agencies you will lose at least 5% sometimes much more. Either save it for the next time you go or sell it to a friend who is going to the same currency area, agree to split the difference between the buy/sell price and you both gain.

inspector_monkfish

muchacho wrote: »

Do you think it will keep dropping again?

No.

inspector_monkfish

its back up already.... 1.1760 trading

FreddieM

bully1234 wrote: »

I go on holiday in 4 weeks time - Does this company charge commission? How quick are they at sending money onto me?

They only charge for sums below £300 as per my last post and they deliver on the date requested and agreed with them. They don't like to leave delivery (Special delivery) until the last minute

inspector_monkfish

09:30 18Jun09 RTRS-INSTANT VIEW 1-UK May retail sales weaker than expected

LONDON, June 18 - British retail sales fell
unexpectedly in May, driven by falls in clothing and
footwear, the Office for National Statistics said on Thursday.
Separate data showed Britain's public finances
deteriorated more than expected, with public sector net
borrowing rising to a record high.

KEY FIGURES FOR UK RETAIL SALES
MAY APR FCAST
% MM -0.6 0.9 (0.9 pvs) 0.4
% YY -1.6 2.6 (2.6 pvs) -0.2

- Biggest monthly fall since Feb
- Biggest year-on-year fall since Feb
- Lowest 3-mth/yr ago growth since Apr


KEY FIGURES FOR UK PUBLIC FINANCES (IN BLN STG)
MAY F'CAST
PSNCR 18.785 16.40
PSNB 19.861 18.95

KEY POINTS
- Highest PSNCR for a month of May on record
- Highest PSNB for any month on record

inspector_monkfish

inspector_monkfish wrote: »

09:30 18Jun09 RTRS-INSTANT VIEW 1-UK May retail sales weaker than expected

LONDON, June 18 - British retail sales fell
unexpectedly in May, driven by falls in clothing and
footwear, the Office for National Statistics said on Thursday.
Separate data showed Britain's public finances
deteriorated more than expected, with public sector net
borrowing rising to a record high.

KEY FIGURES FOR UK RETAIL SALES
MAY APR FCAST
% MM -0.6 0.9 (0.9 pvs) 0.4
% YY -1.6 2.6 (2.6 pvs) -0.2

- Biggest monthly fall since Feb
- Biggest year-on-year fall since Feb
- Lowest 3-mth/yr ago growth since Apr


KEY FIGURES FOR UK PUBLIC FINANCES (IN BLN STG)
MAY F'CAST
PSNCR 18.785 16.40
PSNB 19.861 18.95

KEY POINTS
- Highest PSNCR for a month of May on record
- Highest PSNB for any month on record

That is shocking data....
GBP/EUR instantly fell to 1.1695

Hamleteer

davidanddeirdre wrote: »

Exchange rates: We generally use M&S (in York) as their currency rates are always amongst the best and there is no lower limit. Change £ cash unless you know your card will not charge.
Another hint- when you come back, don't change any spare money back unless you know you are going to get the same rate you paid for it, in most change agencies you will lose at least 5% sometimes much more. Either save it for the next time you go or sell it to a friend who is going to the same currency area, agree to split the difference between the buy/sell price and you both gain.

I am not sure if it has been mentioned, but a company who has been trading for years in Scandinavia has opened offices in London and offer very competative rates. Forex has an office on Baker Street in London. There's no commission on the money you buy from them and with a recipt you should be able to sell back for the same rate (a £3 charge without recipt). They do compare favourably with M&S - todays exchange rate for euro is on M&S 1.1166 and at Forex is 1.15, so well worth a visit if you are in London.

inspector_monkfish

1.1655 trading

inspector_monkfish

1.1675 trading

inspector_monkfish

1.1715 trading