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  • FIRST POST
    • russellsnr
    • By russellsnr 9th Sep 19, 11:30 AM
    • 28Posts
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    russellsnr
    0 WOW
    How Long to Wait to Exchange to Euros?
    • #1
    • 9th Sep 19, 11:30 AM
    0 WOW
    How Long to Wait to Exchange to Euros? 9th Sep 19 at 11:30 AM
    Hi, In a catch 22 situation, need to exchange around 10,000 into Euros, on Friday last the rate was approx 1.10 to the pound today 1.12 to the pound and yes all to do with something called BREXIT so if you where me how long would you wait to see if the rate may go up a little more? Remembering 10,000 at the 1.12 rate would give 200 Euro more than Fridays rate. Thankyou. Russ.
Page 1
    • Neil49
    • By Neil49 9th Sep 19, 12:01 PM
    • 1,530 Posts
    • 792 Thanks
    Neil49
    • #2
    • 9th Sep 19, 12:01 PM
    • #2
    • 9th Sep 19, 12:01 PM
    You are too late.

    By the time you get a consensus of opinion on this site the rate will have changed for better or worse and you will be back to square one but with different rates of exchange.
    • Voyager2002
    • By Voyager2002 9th Sep 19, 12:38 PM
    • 13,309 Posts
    • 9,167 Thanks
    Voyager2002
    • #3
    • 9th Sep 19, 12:38 PM
    • #3
    • 9th Sep 19, 12:38 PM
    You should have exchanged before the referendum.

    Anyway, keep an eye on the news. If no-deal Brexit seems likely the pound will fall; if Brexit seems about to be cancelled then the pound will rise.
    • eDicky
    • By eDicky 9th Sep 19, 2:03 PM
    • 4,932 Posts
    • 3,032 Thanks
    eDicky
    • #4
    • 9th Sep 19, 2:03 PM
    • #4
    • 9th Sep 19, 2:03 PM
    Nobody can give you a more reliable answer than the toss of a coin...
    • greyteam1959
    • By greyteam1959 9th Sep 19, 2:27 PM
    • 2,719 Posts
    • 1,297 Thanks
    greyteam1959
    • #5
    • 9th Sep 19, 2:27 PM
    • #5
    • 9th Sep 19, 2:27 PM
    This may give you some indications as to where the exchange rate is heading.
    https://www.poundsterlinglive.com/eur/12005-pound-to-euro-exchange-rate-5-day-forecast-next-target-at-1-1200-05
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