When is it a good time to change pounds to Euros?

[malumbu]

When will the rates get better? Will it ever end?? Changing ?1 for .95 Euros in Stansted last week. Clearly I should have put my life savings into Euros two years ago when I could get 1.40. Obviously a first world problem but it does make me weep.

Somebody (think it was Hague) said that too easy to blame Brexit. Well I certainly do. At Xmas when it was 1.20 there were some predictions that the Euro was overvalued and 1.25 was reasonable. Now some are predicting parity or worse.

[Robert Poste's Child]

Airports always sting you so planning in advance is a good idea. Moneysupermarket has a good tool you can use to find the best deal. At the moment a Halifax Clarity card seems to be top, including for cash withdrawals. Or get a FairFX or other pre-loadable card and then you can load up when the rate's more favourable.

[New Girl]

I got mine at Sainsburys yesterday. For ?52.86 I got ?55 with my nectar card. Thought that was pretty good all things considering.

[Loz]

Open a Metrobank current account and stick your holiday money in it. You can then access your dosh with the associated debit card from any European ATM and you get the Mastercard rate, which is, by far, the best exchange rate you'll get.

You can also access your money from non-European countries, but you'll pay a fee, though it is still one of the best around.

[Seabag]

Take a deep breath, the Eoro is going to take a further march against sterling. The pound is weak and will weaken further, we know why.

D Davis and his cronies need tazering in the face.

Take your own Pot Noodles is my rec.

[Seabag]

Ha Eoro!

[JohnL]

Seabag Wrote:

-------------------------------------------------------

> Take a deep breath, the Eoro is going to take a

> further march against sterling. The pound is weak

> and will weaken further, we know why.

>

> D Davis and his cronies need tazering in the face.

>

>

>

> Take your own Pot Noodles is my rec.

I'll do it - he'd probably still laugh

[malumbu]

Not where you change. Nothing beats the change shops in Victoria Street. Rather how bad can it get. It always amuses me the rates in the airport.

[Mick Mac]

We used a Monzo card on holiday.

all the rage apparently - recommended by martin Lewis for good exrate / low charges etc

comes with an app that pings every time you spend something.

[Loz]

I hadn't heard of Monza. Looks good, though it seems that 'no fees' is just an initial offer - MSE does warn that overseas fees 'are coming'.

Might grab one for an upcoming trip to Oz, though!

[Mick Mac]

Its quite advanced in terms of automatically breaking down spending into various groups, restaurants, clothes, travel etc. quite interesting where the money goes.

My Barclays Mobile App doesn't do that and id like to see that over a full month at home in the UK.

[miga]

malumbu Wrote:

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> Not where you change. Nothing beats the change

> shops in Victoria Street. Rather how bad can it

> get. It always amuses me the rates in the

> airport.

The kicker there is the "no commission" tagline. How generous.

As for the Euro - don't worry about that, it's all fine. Cunning plan to aid our thriving manufacturers and primary industry to make their exports more competitive. Taking back control. Strong and stable.

[JohnL]

It's now worse than weak and wobbly - the edifice has collapsed.

But Theresa has a copy and paste plan.

[red devil]

Like asking the class swot if you can copy their homework even though you don't like 'em...:)

[dbboy]

Bureau de change in the country you are travelling too, you are more likely to get a much better exchange rate there than here, its the same with some euro notes that cannot be exchanged here for lower domination notes, but in Europe it's not even an issue.

[malumbu]

Bally hell. I receive great wisdom from this site on faciinating matters. But this thread has been pants. I thought that I'd get some interesting views on money markets, and how they may fare as we are signing our suicide note. How low can our pound go? May as well just have Googled it.

PS I was aware that the pound tumbled on the unlikely chance that Labour would win the election. And since then we have no credible way forward out of the mess. But I could have got that from the Brexit thread.

[Loz]

Well, if you want an amazingly insightful answer to the question of the best time to change pounds to Euros, the answer would be "about 16 months ago".