Changing Euro's into ?'s

[Alan Medic]

My son needs to change over a 1,000 Euros. Where will he get the best rate locally preferably?

[DulwichFox]

With ?1 worth about ?1.42, the pound is more than ten per cent stronger against the euro than last summer, and stands at its best rate since September 2007.

So probably not the best time to be exchanging Euros into Pounds.

Foxy

[Salsaboy]

Money Saving Expert. Always a winner. http://travelmoney.moneysavingexpert.com/?_ga=1.18488761.18139440.1424105855

[ed_pete]

The best rates that I've found are here : https://www.bestforeignexchange.com/fast_track_new.php

Requires a trip into town but it could be worth it for that amount.

[Alan Medic]

Thanks for useful input.

[Lowlander]

Salsaboy Wrote:

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> Money Saving Expert. Always a winner.

> http://travelmoney.moneysavingexpert.com/?_ga=1.18

> 488761.18139440.1424105855

Agreed. Last year I got a good rate by downloading a voucher for Travelex and presenting it at Gatwick. The best option was a kiosk in central London somewhere (Thomas Exchange in Victoria IIRC) but factoring in the train fare and time it wasn't worth it.

Avoid the high street banks and Post Office...

[Jeremy]

Somebody on here must be in need of some holiday money! Agree a rate between you and cut out the middleman.

[Seabag]

Jeremy Wrote:

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> Somebody on here must be in need of some holiday

> money! Agree a rate between you and cut out the

> middleman.

Yes me

What's the deal Al ?

I'm off on Sunday, happy to do as Jez suggested

:))

[Alan Medic]

From where do we start haggling? I'm taking advice...

http://www.telegraph.co.uk/finance/personalfinance/money-saving-tips/5722402/10-tips-for-effective-haggling.html

[miga]

If you take the spot rate you both win.

[jacks09]

.

[Seabag]

miga Wrote:

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> If you take the spot rate you both win.

And the spot rate is what now?

Pls

['bout now]

Weswap.com

[red devil]

Seabag Wrote:

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> And the spot rate is what now?

http://www.bloomberg.com/quote/EURGBP:CUR

Keep it simple SB, E1,0000 = ?700...

[Seabag]

red devil Wrote:

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> Seabag Wrote:

> --------------------------------------------------

> -----

>

> > And the spot rate is what now?

>

> http://www.bloomberg.com/quote/EURGBP:CUR

>

> Keep it simple SB, E1,0000 = ?700...

I need simple today, so thanks RD

Al, what's yer thoughts, as i'm limited in my capacity today

[red devil]

Or you could split the difference on what you can get locally on the high street...

If Med's son went to the PO he'd get about ?650 for his E1,0000.

If SB went to the PO he'd have to pay about ?725 for his E1,0000.

Split = ?687.50

[DaveR]

Mid market rates on xe.com:

http://www.xe.com/currencyconverter/convert/?Amount=1000&From=EUR&To=GBP

[miga]

red devil Wrote:

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> Or you could split the difference on what you can

> get locally on the high street...

This spread is a bit skewed (much wider when selling EUR), and it would be skewed the other way in Euroland.

Spot/midmarket seems fair to me. Either way - glad some FX place will miss out on some/most of their ?75 :-)