Hi Chilligrape, we just got back from Palma Nova yesterday, and the exchange rate averages 1.22 at the minute, some places we saw was as low as 1.17 and some 1.23 just watch out for additional commission charges. Even if they have a board outside that says 'no commission' you will notice in the small print, that the no commission applies only if you are exchanging a large amount. What I usually do is ask them how much I will get for £100 before I buy, as I've been caught out and ended up paying what seemed like a fortune in commission charges. I too am going back in 2 weeks, with my elderly mother this time.. and will probably buy my euros here, currently looking round the various websites now. Hope this helps. Alison

we usually take about 100euros with us and change up sterling when needed. We don't bother with bureau de change now, have always got a fair exchange in the hotel.

fair exchange in the hotel.... is the worst thing to do..don;t use bucket shops like mentioned....if you walk along the main road in Palma Nova on the left is a good shop.run by an old guy.bit rough looking out side but he is good...just passed cheers bar on the left.or oppisite son matias hotel.

just look around a bit,ok your only talking about 1 euro in most shops...the bucket shop will say something like 125 or 130 say..by the time you give them £100.00 you only get 114 115 say.......really best if you pay me to come out and i will show you best shops... ha ha

We have always found that JEVIDRIAN is a good place to change money, best way to describe where it is , is on the side street to the left of BCM as you are looking at it or you may not want to tell your hubby but it is near PARADISE LOST LAP DANCING CLUB!!! the sign has a yellow bear on it.
another good place is upstairs at the side of WOODY'S BAR near the roundabout in Magaluf, you will find it about 200yards past BO'SELECTA the 1€ a pint bar
they both tend to give a good rate without charging commision.