You might as well hang on to them for your next trip .... especially if they are in coins ...

definately keep if you meant changing at a bank.

The euro is quite low at the moment which is not a good time to sell. Then you'll lose a bit to the bank for handling the deal. Then you'll lose even more more to them next summer when you buy them back! Even if the rate stays the same, because buy/ sell don't work in your favour you'd lose maybe £10 and if the euro picks up a bit the loss will be worse. The euro would have to weaken a lot more before next summer to cover what the bank is taking.

Even if you can unload them direct to someone who needs them now you may be losing on what you paid for them and will still be paying the bank their cut next year.

I kept my leftover euros from my Ireland trip but than I'm going to France next month so I might as well.

I think Jeffro means if the Euro goes belly-up depending on what happens with the current Greek predicament

Thanks Debbie that is exactly what I meant

Debbie wrote:

I think Jeffro means if the Euro goes belly-up depending on what happens with the current Greek predicament :que

This is something I posted in another forum

I have 1000 euros in pocket, and todays rate for buy back in the post office 1.29 Euros to the pound and they sell at 1.12

If the euro crashes, I recon I could back at least £1200-£1400, only problem would the travel shops and banks payout, if they paid out, they will lose alot of money, and be stuck with the euros

So it might be an idea, if anyone is holding on to euros, if there any sign of the euro crashing, cash them in right away

joseptuk at that rate you mentioned you woulld only get £775 sterling back for your 1000 euros

The euro won't "crash" against the pound. It might drop a bit but in the unlikely event of a full scale collapse it will take the pound with it - sorry to upset Daily Mail readers but the pound is more or less linked to the euro, despite all the upheavals this year the wholesale rate hasn't changed by more than about 8 cents. So if the euro crashed the pound conversion wouldn't look massively different but the pound would lose significant value against the US dollar (and therefore gold and oil) and Asian currencies.

But, whatever the markets, €1000 cash is a lot to have hanging around the house until next summer. There might be better things to do with it, do you have any loans or credit cards to pay off?

I agree with Steve, if the Euro collapses completely we'll all have an awful lot more to worry about than whether we should have cashed in those Euros left over from our last holiday! A full scale collapse will take most of the European banks with it, including those on our high streets because they will either directly or indirectly be owed money by the defaulting countries and this will make the crisis of 2008 seem like chickenfeed. Which is why, like it or not, there will have to be European wide Governmental intervention to prevent that happening.

SM

As someone who lives her life in Euroland I'm not losing any sleep.