I bought Euro's in M&S here before I went away in May, they were giving a better rate than the resort I was in.
M&S were 1.2258 and resort was 1.2 start of holiday and 1.22 at the end
Normally resorts give better rates, but thats all changing nowadays. Its the gamble you take.
Lynn
Yes that's what I was thinking. Turkey are stlll to join eu so want currency, not so sure on other european countries!
used my nationwide card and the resort was giving between 1.18 and 1.20 and got my statement today
we were getting between 1.25 and 1.27 out of the atm
£2003.48 = $3910
exchange rate was 1.9516
I am happy with that. Started this morning at 1.89 from the Post Office
AMC316
Only 3 1/2 wks until my holiday and have got my new Nationwide debit card ready and waiting thanks to recommendations from HT users. I've never used an atm abroad before, I'm sure I read somewhere that the machine asks if you want conversion done in Euros and you should opt for 'yes' to get the best exchange rate. Can someone please clarify this for me? Thanks, Nic.
Whichever way round it asks you have to select the euros option and not sterling, otherwise you will get whatever conversion rate the ATM imposes and it will be less than the Nationwide one.
luci
Thanks for the quick reply Luci.
The rates falling back away from that now but still showing 1.2550
Best of it is that the previous high 3 months ago was when i bought my last lot of Euro for cyprus!!
Thomsons the travel agency were giving a rate of £1= 1.24 Euros yesterday, I tried all the other agencys and thomsons was the best everywhere else was only giving between 1.20 and 1.22 Euros.
Did get application form for Abbey Zero account but not got round to sorting that and dont really want a new account as wont be travelling much.
I will prob get say £200 changed for a 4 day trip - then once there realise just how expensive Dublin is and will have to use my card or ATM?
I changed my money on Saturday in a First Choice bureau de change. When I asked what the exchange rate was that day she asked me if I'd had a quote elsewhere. When I said yes, 1.21 (that was last week though) she said that as I was changing £500 she'd do it for 1.22 Seemed strange, as I thought the rates were fixed not open to negotiation. Anyway, I took it, as I couldn't be bothered looking around just to find 0.01 or 0.02 more.
I went into a travel agents today to ask about the exchange rate for the YTL, i was told it was 2.8...not sure what that means exactly, but when i said i had £1000 to exchange she said she could probably do a slightly better deal... but was advised by a friend not to exchange the money until september? I dont go away until october, but worried that if i dont do it now, i will end up dipping into it... will the exchange rate be any better in a couple of months?
My youngest has decided he wants a bank account (been saving hard for his hols
and wants to continue afterwards.)
He has a building society account but no, he wants a debit card.
So I was going to take him into Nationwide and see if he can get a Flex account there
but he can't as he isn't 16 for another 2 months.
(He can get an account with a Solo card though.)
I was going to put my holiday spends in his account so he /we could draw the euros out
commission free and at a good rate.
I'll have to see about opening one for myself...
mitchellclr wrote:but was advised by a friend not to exchange the money until september? will the exchange rate be any better in a couple of months? :que
If you friend, or anyone else, knows this information she would be a very rich lady. It is the job of the money brokers to speculate on rate changes.
I tend to watch rates and buy when I think it is a good rate. Sometimes I've been right and it has gone down after buying and other times it has gone up. It's a gamble I'm afraid, but you can track rates on http://www.xe.com
luci
thankyou for that link, think i will keep an eye on that!
is it right that you get a better exchange at a post office, than you would at the travel agents?
I will also be keeping any eye on that aswell , I'm hoping that the euro will improve by september as thats when we are off on our hols, I know it can go up and down all the time but a while ago on gmtv there was some guy on that said it should improve by september i'm hoping it does
http://www.comparetravelmoney.co.uk to see what the current rates are at all the High Street outlets.
You can sign up on both of these to get a daily email of all the rates.
I usually order currency months in advance is I am going to the US from Crown Currency Exchange and get more than the Interbank rates which is considerably higher than the Tourist rate. For Europe I use my Nationwide FlexAccount card in ATM's.
luci
Use this site You can sign up on both of these to get a daily email of all the rates.
I usually order currency months in advance is I am going to the US from Crown Currency Exchange and get more than the Interbank rates which is considerably higher than the Tourist rate. For Europe I use my Nationwide FlexAccount card in ATM's.
luci
Thanks for the link Luci, I've bookmarked it.
Just to let people know if they are interested and have a tesco travel money bureau inside there local tescos the euro is at 1.2354 today that's the best I could get
€1.26 available today on fairfx
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