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Eschange rates - GBP to EUR

Posted: Fri 16th Mar 2012 01:47 pm
by MOFOFUNK
Can anyone tell me what the average exchange rate is in dam at the minute. Post office in the UK here is only offering
1.11 (for under £500)
1.13 (for over £500)
1.17 (if you order online)
They charge no commision

I was trying to understand the Dutch Travelex website, but google translate spat its dummy out.
Basically, am i better changing my money over here in the UK, or when i get there (maybe in the airport)? Any advice, much appreciated,

Cheers guys and gals :)

Re: Eschange rates - GBP to EUR

Posted: Fri 16th Mar 2012 02:09 pm
by rigsby420
Good question, is it cost effective to just use our UK cards in the ATM's ?

Re: Eschange rates - GBP to EUR

Posted: Fri 16th Mar 2012 02:50 pm
by spireax
^^^ Depends on which bank and which card you've got. Works out best for me to use atm w/ creditcard, I get bank rate so 1.20 at the mo and pay 1% interest. Look on moneysaving expert for the best way to spend money abroad.

btw 1.11 at the post office is scandalous when the tourist rate stands at 1.16/1.17.

Re: Eschange rates - GBP to EUR

Posted: Fri 16th Mar 2012 03:26 pm
by MOFOFUNK
spireax wrote:^^^ Depends on which bank and which card you've got. Works out best for me to use atm w/ creditcard, I get bank rate so 1.20 at the mo and pay 1% interest. Look on moneysaving expert for the best way to spend money abroad.

btw 1.11 at the post office is scandalous when the tourist rate stands at 1.16/1.17.
Excuse my ignorance, but what is the 'tourist rate'?

Thanks

Re: Eschange rates - GBP to EUR

Posted: Fri 16th Mar 2012 03:36 pm
by rigsby420
Im with Halifax and they seem to have the highest charge for using the ATM's outside the UK, typical :(
We have a account with Barclays and if i order Euro's via them its commission free, so looks like a massive wad of Euro's it is then, with a debit/credit card as emergency back up.

Re: Eschange rates - GBP to EUR

Posted: Fri 16th Mar 2012 04:48 pm
by spireax
rigsby420 wrote:Im with Halifax and they seem to have the highest charge for using the ATM's outside the UK, typical :(
my credit card's a halifax clarity (i think) card. have a look best deal out there for foreign cash.
MOFOFUNK wrote:
Excuse my ignorance, but what is the 'tourist rate'?

Thanks
Tourist rate is what the bureau de change/travel agents charge. It's usually 2-3 cents less than the bank base rate.
It's the commission the post office and all the other travel agents are charging you even though they don't charge commission :roll:

Re: Eschange rates - GBP to EUR

Posted: Sat 17th Mar 2012 11:45 am
by Cisco
Go to somewhere like Cash Cheque Centre their pissing all over the likes of Tesco etc at the moment :wink: I got 1.17 last week

Sorry I know that ain't Dam , I always cash my money before I go

Re: Eschange rates - GBP to EUR

Posted: Sat 17th Mar 2012 12:37 pm
by Ghost
Got to agree with Cisco here, i change my money online through a broker with the Change Group(1.17 today), i always seem to get a better deal here than anywhere else. Happy Hunting :D

Re: Eschange rates - GBP to EUR

Posted: Sat 17th Mar 2012 05:13 pm
by spireax
here's some links to try

http://travelmoney.moneysavingexpert.com/ find the best deal


http://www.moneysavingexpert.com/travel ... ey#halifax best cards to use in euroland

Re: Eschange rates - GBP to EUR

Posted: Sun 18th Mar 2012 09:48 am
by MOFOFUNK
Thanks for the replies people, I'm going to take a look at a few of these links and see what the deal is,

Cheers

Re: Eschange rates - GBP to EUR

Posted: Sun 18th Mar 2012 11:03 am
by Cisco
Dunno why I wrote Tesco ?! , I of course meant the Post Office :shock: :lol:

Happy hunting

Re: Eschange rates - GBP to EUR

Posted: Mon 19th Mar 2012 06:46 pm
by StillSmokin
I got mine from Thomas Cook travel agent for 1.18 (think you get slightly better rates over £500) last Thursday/Friday. Then top up as necessary using hole cash machine, think that bank charges ok rate when I checked last (few years ago tho).

Exchange rates - GBP to EUR

Posted: Tue 8th May 2012 11:15 pm
by TheGinSoakedGirl
Moving in the right direction at last, the £ is back to 2008 exchange rates, Currently at 1.22 via Thomas Exchange who consistently give high rates - http://www.thomasexchangeglobal.co.uk/e ... -rates.php

Some pundits predict a rise to 1.27 or 1.28 by the summer :) :
http://www.bbc.co.uk/news/business-17988159

GSG

Re: Eschange rates - GBP to EUR

Posted: Wed 30th May 2012 11:29 am
by benstraat
Cisco wrote:Go to somewhere like Cash Cheque Centre their pissing all over the likes of Tesco etc at the moment :wink: I got 1.17 last week

Sorry I know that ain't Dam , I always cash my money before I go
I always get my Euros from these type of places. The rate is always a bit better than anywhere else, and I'd rather get the best deal and get 'up' on my spends.

Re: Exchange rates - GBP to EUR

Posted: Thu 31st May 2012 11:03 pm
by obligon
TheGinSoakedGirl wrote:Moving in the right direction at last, the £ is back to 2008 exchange rates, Currently at 1.22 via Thomas Exchange who consistently give high rates - http://www.thomasexchangeglobal.co.uk/e ... -rates.php

Some pundits predict a rise to 1.27 or 1.28 by the summer :) :
http://www.bbc.co.uk/news/business-17988159

GSG
Yeah - got some silly rates in London £1 = E1.23 got some but think it will get better.