BigSte
Member
Registered: 27th Aug 02
Location: Sheffield
User status: Offline
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I'm going away in Aug but I've been told I should be buying my Euro's now....
Current exchange rate is about 1.2 Euro's to the pound but I have been told by August it will be about 96 cents to the pound....
Does anyone know anything about this or is someone just talking rubbish to me!!
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richc
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Registered: 24th Mar 07
Location: Ilkeston
User status: Offline
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quote:
Originally posted by BigSte
I'm going away in Aug but I've been told I should be buying my Euro's now....
Current exchange rate is about 1.2 Euro's to the pound but I have been told by August it will be about 96 cents to the pound....
Does anyone know anything about this or is someone just talking rubbish to me!!
Fuck it...im gonna cash in 300 quid now  . 1.2's good rate for us changing.... you will just got robbed when you come home!
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Daniel_Corsa
Premium Member
Registered: 21st Apr 04
Location: Wigton, Cumbria
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Guess the euro is dropping, last time I got some was nearer 1.5!
Its a good time to buy the dollar at the moment, as any spare cash I have I get little amounts for my hols!
Other week the dollar went upto to £1 = $2.10 so I got some at that but at moment is less!
Watch the euro for a week, see if it goes up or down, then make your choice!
April '06' Corsasport Feature Car  | Aug '08' Total Vauxhall Feature Car | Spring '09' Fast Car Feature Car
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BigSte
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Registered: 27th Aug 02
Location: Sheffield
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Thing is I don't go till August so didn't really want to buy £800 worth of currency yet if I don't have too. If it's gonna drop to below 1 Euro though I'd rather buy them now!
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willay
Moderator
Organiser: South East, National Events
Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
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Currency trading, at the end of the day you are doing it on the back of someone elses advice. It can work out, a family member of mine for example buys alot of stuff from europe, they purchased 50,000 euros a few months ago and is now enjoying the benefits.
[Edited on 15-04-2008 by willay]
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ed
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Registered: 10th Sep 03
User status: Offline
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But we sholud still keep the pound ad it's so amazing 
But seriously. If you're going away then get yourself a Caxton FX Card. You have to buy €750 at time, but you get a beneficial exchange rate for doing so, then if you have a bit left over they will convert it back to GBP for no cost at the same exchange rate as you bought it. The only chrage you get for cash withdrawls is €2 which is pretty good too.
http://www.caxtonfxcard.com
They also do one for USD too 
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Hammer
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Registered: 11th Feb 04
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It's been consistently dropping for months and months and doesn't 'appear' to want to slow down, if it continues at the same rate it will be under the euro mark for a pound before the end of the year.
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IntaCepta
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Registered: 25th Mar 02
Location: Mill Hill East, Greater London
User status: Offline
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I can see the euro dropping further, so if you are definately planning a trip abroad, then you're better off changing it now.
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CorsAsh
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Registered: 19th Apr 02
Location: Munich
User status: Offline
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Yeah, Euro is catching up, good news for me, not for you, so get your money asap.
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Rob_Corsa
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Registered: 4th Apr 02
Location: Derbyshire
User status: Offline
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quote:
Originally posted by IntaCepta
I can see the euro dropping further, so if you are definately planning a trip abroad, then you're better off changing it now.
Isnt it the "pound" thats dropping meaning you get less Euro/Pound.....
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jamied
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Registered: 27th Oct 03
Location: Marbella,Spain Drives: C63
User status: Offline
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brill news for me..
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CorsAsh
Member
Registered: 19th Apr 02
Location: Munich
User status: Offline
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quote:
Originally posted by 306CORSA
brill news for me..
Shall we club together with drunkenfool and buy some nice stuff?
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IntaCepta
Member
Registered: 25th Mar 02
Location: Mill Hill East, Greater London
User status: Offline
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quote:
Originally posted by Rob_Corsa
quote:
Originally posted by IntaCepta
I can see the euro dropping further, so if you are definately planning a trip abroad, then you're better off changing it now.
Isnt it the "pound" thats dropping meaning you get less Euro/Pound.....
Yea, sorry mate, that's what I meant. Think I needed sleep more than I thought I needed.
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drunkenfool
Member
Registered: 7th Feb 03
Location: Hereford Drives: Audi R8 V8
User status: Offline
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Yeah it was around €1.40 to the pound when i moved to Spain in september
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