Author Topic: Exchange Rate  (Read 33058 times)

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Offline Eggy

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Exchange Rate
« on: February 02, 2007, 09:14:56 PM »
Keep an eye on the Euro, Folks. It's hovering at e1.517 at Bank Rate and about e1.46 at Tourist.
Maybe I'm wrong but I think it was about e1.40 this time last year.
Negg

Offline vivian

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Re: Exchange Rate
« Reply #1 on: February 02, 2007, 09:49:19 PM »
Got 1.475 last week at travel agents down rd, no commision.

Stay Nude it ante rude

Offline Ang

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Re: Exchange Rate
« Reply #2 on: February 03, 2007, 02:32:17 PM »
Well worth getting a cpl of £100 changed early then?? I better go get some
Ang

Offline burger

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Re: Exchange Rate
« Reply #3 on: February 03, 2007, 02:40:29 PM »
why not just take a few euros for what you need,then just withdraw euros from your bank a/c with your card at a cashpoint,i took about £500 worth of euros with me,and withdrew extra  with my nationwide flex account card last year and got a better exchange rate than tourist rates,and no transaction charge either

Offline Jo Wissett

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Re: Exchange Rate
« Reply #4 on: February 07, 2007, 10:09:03 PM »
thats all well ang good but isnt the nearest atm sidari?

Offline blondegirl

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Re: Exchange Rate
« Reply #5 on: February 08, 2007, 11:55:33 AM »
I think there is a link on here for the nearest ATM.. there is one nearer now I think.
If you want the rainbow, you gotta put up with the rain.

Offline blondegirl

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Re: Exchange Rate
« Reply #6 on: February 08, 2007, 11:58:19 AM »
Try further down this topic and the nearest ATM is mentioned there.  I added this some time ago as I had read it on Corfu Agni.
If you want the rainbow, you gotta put up with the rain.

Offline burger

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Re: Exchange Rate
« Reply #7 on: March 11, 2007, 04:28:11 PM »
thats all well ang good but isnt the nearest atm sidari?

now arillas has it's own atm at last!!!!

Offline James W

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Re: Exchange Rate
« Reply #8 on: September 02, 2007, 12:11:23 AM »
My wife got a good deal this morning.

We went to the local Currency Exchange and she got 150 Euros for £100, that's er.... ummm.....  1.5 Euros to £1 

How did she get such a good rate?

I bought 300 for for 1.43/£ and re-sold them to her, that's how.  ;-)

I do this sort of thing every time.

When in Bulgaria I did a similar thing in our hotel lobby, but another holidaymaker thought I was a private Currency Exchanger, and was interested at getting such a good rate from me.

I had to inform her what I was doing, and directed her to the 'Official' Money Changer.  She was a bit miffed.   :-)



Offline Eggy

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Re: Exchange Rate
« Reply #9 on: September 02, 2007, 10:51:56 PM »
James
Bring a pen & paper and explain this one to me. If you buy at e1.43 and sell at e1.5 are you not on a loser? Or am I looking at it the wrong way?
I seem to remember the plane, on the way home, saying you can use your euros up and offering an exchange greater than the resort. ( Pay in £'s and it was cheaper)
( It's e1.459 today by the way )
Negg

Offline Eggy

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Re: Exchange Rate
« Reply #10 on: September 06, 2007, 04:51:38 PM »
e1.464 today in a breezy Arillas so a good exchange for anyone coming over tomorrow or next Monday.
Negg

Offline James W

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Re: Exchange Rate
« Reply #11 on: September 16, 2007, 11:09:57 PM »
Hi Neill.
           I only do this sort of thing to my wife. (I'd be broke in no time otherwise)
The first time I did it, she had to take a while to work it out.  :-)

I may lose on the deal initially, but she returns the favour in kind   ;-)




Offline Eggy

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Re: Exchange Rate
« Reply #12 on: October 19, 2007, 04:14:06 PM »
September 6th you will see that the exchange was e1.464.
Today it's only e1.417.

So £500 at Sept got you e732 and now gets you e708.
Around £17 or £3.40 lower per £100 changed before commission. ( £3.32 after )

Thats one helluva drop over the last 6 weeks and obviously reflects end of season.

Anyone know what it is in England today?
Negg

Offline M n M

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Re: Exchange Rate
« Reply #13 on: October 19, 2007, 06:01:59 PM »
Neil

its about 1.36

Mick  :-(


Offline Eggy

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Re: Exchange Rate
« Reply #14 on: October 19, 2007, 06:33:30 PM »
Thanks Mick
so £500  at e1.36 is 667 euros
and £500 at e1.41 is 691 euros.
( After 2% commision )
About £ 3.40 per £100 if you can bring commission free t/c's or cash with you.

Doesn't sound a lot but if you're flight only and pay for your appt when here and get a car for a week and take cigs home, plus meals , then I make that a conservative saving of about £30.
( If you had got them at e1.467, 6 weeks ago, you would have made a total of £65 )

All figures based on expenditure of £900. The mind boggles.
Anybody want to double check figures. I'm having a Terry W moment here.
Negg



 

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