Euro (€) Currency Thread

scottiepaul

took a heavy fall today down to 1.138

inspector_monkfish

1.1425 this morning

inspector_monkfish

1.1480 now

inspector_monkfish

1.1500 trading

inspector_monkfish

1.1590 trading

hannah29_2

i notice the euro is currently at 1.16 which is pretty good.....i need to transfer some euros to italy for a hotel reservation. i am just wondering whether just to send the deposit as requested or to pay the whole lot in one go whilst the rate is good. we are not going till april so any ideas on how the rate may go over the next few months?
hannah

inspector_monkfish

hannah29 wrote: »

i notice the euro is currently at 1.16 which is pretty good.....i need to transfer some euros to italy for a hotel reservation. i am just wondering whether just to send the deposit as requested or to pay the whole lot in one go whilst the rate is good. we are not going till april so any ideas on how the rate may go over the next few months?
hannah

1.1610 is only the market rate

will be a bit lower on the high street

verona_2

hannah29 wrote: »

i notice the euro is currently at 1.16 which is pretty good.....i need to transfer some euros to italy for a hotel reservation. i am just wondering whether just to send the deposit as requested or to pay the whole lot in one go whilst the rate is good. we are not going till april so any ideas on how the rate may go over the next few months?
hannah

It's anyones guess. Unless you are changing thousands then a shift either way is not going to make much difference.

dzug1

hannah29 wrote: »

i notice the euro is currently at 1.16 which is pretty good.....i need to transfer some euros to italy for a hotel reservation. i am just wondering whether just to send the deposit as requested or to pay the whole lot in one go whilst the rate is good. we are not going till april so any ideas on how the rate may go over the next few months?
hannah

You could try one of the buy now for delivery in April companies - if they are offering a better rate it means that they (or their currency brokers) think that's the way things are heading.


http://www.travelmoneyservices.co.uk/index.asp?adloc=Google&gclid=COv4gv2Kx58CFV1d4wod2VuThg

is one such company.

Of course if they are right (they are not always) then rates at the time will be slightly better than the ones they quote which include their risk factor. So if you believe them, wait.

inspector_monkfish

1.1565 trading now