hi cant think of a user name....where are you getting these figures from....1.10pm today tourist rate had risen from 1.09 euros to the pound to 1.10 .....the bussiness rate was 1.1553 this morning but has risen after lunch time to 1.1587....you can get the bussiness rate by buying over a set amount....usually £500/600......you seem to be getting better rates somewhere....intrested as holding fire for best rate before I go hols in july

Think the money markets trade on 1.16 euro, whereas the travel agent trade currently on 1.11euro at thomas cook, airtours, and online at thomas cook you get 1.1232 eros

So I guess the travel agent buy the euro at 1.16 and then sell it to us at 1.11, and buy it back at 1.28

joeseptuk

Crown currency exchange you can get 1.1412 to the £ going upto 1.1580 for august delivery and 1.1792 for late december, early jan delivery. No commission.

http://www.crowncurrencyexchange.com/index.asp?adloc=Google&gclid=CKD3mvWc-5gCFYQI3wodFSLJmA

if use crown currency on the internet....you pay with a credit card....think credit card will then charge you about 2% for using cash....so for £500 worth of euros you will be charged £10......therefore if rate quoted by crown currency is 1.1412.....by the time you pay credit card fees you are truelly getting 1.1188.....no real benefit if can get 1.11 at local travel agents commission free according to josephtuk ...and better if you can get a deal for over £500 ...not worth the worry of using card on the net....also thomascook offering 1% cash back at the moment ....dont know if this is only for customers who have booked holidays with them

thomas cook giving 1.11euros in shop, and 1.1232 online

Going to ask if I buy now, and collect 4 July, what will theu give me I am hoping I get round 1.14-1.16euros

I would be happy now with 1.14 considering at one point I thought I was going to be away and it would be 1:1

TWEETIE PIE

Thomas cook charge for master card credit card 1.5% and visa credit card, your card company can add a charge for cash advance.

joeseptuk

If you buy to collect on the 4th of july then you will get 1.1442, if you wait and buy to collect after the 10th july you will get 1.1500. The gamble is if you wait will the £ shoot up and you would of get a better rate or if the £ plummets the rate will drop for all delivery dates. On offer between 1 date to another you buy now and collect between your contract dates.

can't think of a username wrote:

TWEETIE PIE

Thomas cook charge for master card credit card 1.5% and visa credit card, your card company can add a charge for cash advance.

joeseptuk

If you buy to collect on the 4th of july then you will get 1.1442, if you wait and buy to collect after the 10th july you will get 1.1500. The gamble is if you wait will the £ shoot up and you would of get a better rate or if the £ plummets the rate will drop for all delivery dates. On offer between 1 date to another you buy now and collect between your contract dates.

4 July would be my latest date, before my holiday on 6 July

I know there is two outcomes, buy now collect 4 July, and get 1.14, wait and buy and collect on same day 4 July could get 1.16, but also it could go down and all I would get 1.08. SO I think I would wait until the end of the week, and see what the euro holds at.

4 July would be my latest date, before my holiday on 6 July

I know there is two outcomes, buy now collect 4 July, and get 1.14, wait and buy and collect on same day 4 July could get 1.16, but also it could go down and all I would get 1.08. SO I think I would wait until the end of the week, and see what the euro holds at.

me too

Thats the gamble but I think the £ has more chances of rising than falling because its undervalued, it looks like inflation won't be coming down anytime soon and that means rates will have to rise in the near future, sep to december, the expected rate rise will be factored in way before it happens.

The £ is flying 1.167 on money markets.

ive bought my euros at 1.15 last week. i think i have jump in the deep end a bit to early

1.15 is good little legs, crown currencies are offering 1.1412 for delivery today and over 1.15 from 11th July.

Do you think crown currencies rates will change much in the next 2 weeks, as I need to order some euro's for mid july, don't no whether to order now or wait a bit longer?

it looks like inflation won't be coming down anytime soon and that means rates will have to rise in the near future, sep to december,

I don't get this comment - inflation is already low and the prevailing trend suggests that it will continue to decrease. At the heart of today's strike in London is a disagreement about which month's rate will be used to settle the pay claim - the union wants it to be October 2008 when the inflation rate was at 5%, the employers want it to be May when it had fallen to little over 2%. Surely with that sort of trend we are in danger of going into deflation territory.

And surely minor fluctuations of around 1c aren't really that important when we're talking about holiday spending money - for me the convenience of picking it up locally at eg the Post Office can often be worth the £10 extra I might get per £1,000 from an on-line exchange. And as others have pointed out paying a credit card fee can wipe out the benefit of a slightly higher rate? Or perhaps others take a very great deal more spending money with them than I ever do?

SM

£10 is 10 pints in a lot of countries!!! I just use my nationwide card so get whatever the rate is at the time. It's usually 3 or 4 cents more than a shop would give you!

SMA

1 cent is a lot because because it equals 1% of your spending power, we have seen the pound rise against the euro and we have seen 14% rise, that rise is made up of little quarter and half cent rises and remember there are 100 units to a cent. For every £1000 you change its worth £10 so since the rise a £1000 changed into euro's is roughly worth £140 more.

On deflations and inflation, in the retail sector we have deflation but oil and raw materials are showing large inflation increases, those increases will feed through to the economy in roughly 3 to 6 months. If data comes through what see's an end to the recession meaning we have moved off the bottom, oil and raw material prices will rocket as trader speculate in those commodities, oil, copper, tin, silver, gold anything used in manufacturing or building. Those price increases will take a little while to filter through what will mean interest rates will have to rise by the end of this year and through next year. I believe we are looking at rates peaking between 6% to 8%. What a lot of people don't know is inflation is healthy for a economy and a inflation rate of 10% is ideal, no matter what you are told by the government and bank of england. Its partly due to the low inflation we have experienced to be the cause of many of the problems you see today. The whole low inflation has been a slight of hand, items picked to measure inflation do not mean anything to average joe in the street. Look how much gas and electric has risen, food prices have gone up and we are told inflation is really low.

The affects means low paid workers are kept low paid and there money is worth less because real inflation what affects the ordinary man in the street can be running at 30%, 40% or 50%, the whole low inflation has been at the cost of the poorest people in the country. Benefits, the government use 2 different inflation rates to set benefits, the lowest for income support, job seekers allowance but for pensions they use the higher figure, the other trick the government uses to set benefits is, is set the benefit increase in the autumn when inflation is at a trough low. This means the poorest on benefits are actually getting a half per cent increase a year. People think people on benefits get too much money, they don't, their benefits have been devalued every year for the last 10 years. Benefits are very important to local economies, local area's where the money is spent, but less money being spent means less inflation. The whole problem is wagers are too low and benefits are not too high. As you can see the whole low inflation is one big c0n and its done on the backs of the poorest people in the country including low paid workers.

I know I went on a bit but I wanted to show different things what affect inflation and why when they say inflation is very low when it might not be and the government and the B.O.E. know that and why rates went over 5% before the down turn happened. The main reason the recession is 16 years of false boom and the excess has to work itself out of the economy, ie correct itself before the economy can move forward again. There is still plenty of correction to come, a partial recovery and then another dive down, the dreaded double bottom recession.

So when the B.O.E. rate setting committee set rates and its because inflation is at a low level don't believe them.

yep just by going up 1/2 cents can make a big diffrence when ordering say £1800 like ive done got an extra 70 euro more than the high street vendors

I do agree with you can't that this 'so called' low inflation being the c o n of the century, when governments cherry pick what they include when calcuating it. How the heck we can have low inflation, when gas, electric, water, petrol, derv and council tax which make up many working people's main expenditures are at an all time high price is beyond me. Politicians must think we are stupid.