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View Full Version : 1 gbp = 0.9969 eur



Hibbyradge
30-12-2008, 01:39 PM
That's the best tourist rate I can find. From the Post Office.

PiemanP
30-12-2008, 02:00 PM
That's the best tourist rate I can find. From the Post Office.

And im going to Cyprus in april, and Spain in June. Could be an expensive set of holidays :boo hoo:.


could the pound ever become worthless? scary thought :dizzy:

Jay
30-12-2008, 02:37 PM
My oldest is going to France in just over 2 weeks!! Thankfully I got some Euros a few months ago but still have some to get for him:boo hoo:

Dont know whether to wait and see if it goes up again (even a little bit) or take it now while I can??

Hibs Class
30-12-2008, 06:38 PM
Suspect it will be near enough 1:1 for the foreseeable future, but the Post Office was offering the worst, rather than the best, rates today

http://news.bbc.co.uk/1/hi/business/7804645.stm

Hibbyradge
30-12-2008, 06:43 PM
Suspect it will be near enough 1:1 for the foreseeable future, but the Post Office was offering the worst, rather than the best, rates today

http://news.bbc.co.uk/1/hi/business/7804645.stm

http://www.postoffice.co.uk/portal/po/product1?catId=19100174&mediaId=62900708

Hibs Class
30-12-2008, 06:47 PM
http://www.postoffice.co.uk/portal/po/product1?catId=19100174&mediaId=62900708

Each to their own, but I use prepaid travel cards when going for $ and euro and Caxton generally better the PO rates by a good 1-2%

Danny_Hibee
30-12-2008, 07:26 PM
I'm going to Amsterdam in March and away again in June. Don't know whether to just get my euros now for Amsterdam or hope that it improves even slightly before then :grr:

Frazerbob
31-12-2008, 12:43 AM
Just booked a hotel in Bremen at a cost of 66 euro. Cost in sterling 68 pounds!!!! :shocked::faint:

Houchy
31-12-2008, 08:27 AM
I'm into my shares and stuff like that but no idea how the currencies fluctuate (especially against USD given they seem to be in a worse off position that us financially) Can anyone fill me in?

Hibrandenburg
31-12-2008, 08:28 AM
Try living here :bitchy:

BEEJ
31-12-2008, 09:55 AM
I'm into my shares and stuff like that but no idea how the currencies fluctuate (especially against USD given they seem to be in a worse off position that us financially) Can anyone fill me in?
Broadly, exchange rates fluctuate according to the supply and demand for each currency. That in turn swings on the outlook for each country's economy.

Basically, every economist just now has the UK economy going to hell in a hand basket, meaning that we will be forced to push down interest rates to near zero, lessening the attractiveness of investing funds over here ....etc etc etc

FWIW I reckon as more is revealed in 2009, there will be a few skeletons emerging from the economy in Europe and the £/Euro exchange rate will strengthen again. But it won't get back to the rates of early 2008 for a long time.

LamontHFC©
31-12-2008, 05:28 PM
Broadly, exchange rates fluctuate according to the supply and demand for each currency. That in turn swings on the outlook for each country's economy.

Basically, every economist just now has the UK economy going to hell in a hand basket, meaning that we will be forced to push down interest rates to near zero, lessening the attractiveness of investing funds over here ....etc etc etc

FWIW I reckon as more is revealed in 2009, there will be a few skeletons emerging from the economy in Europe and the £/Euro exchange rate will strengthen again. But it won't get back to the rates of early 2008 for a long time.

What do you think it'll be like in June time pal?

H18SScottW
02-01-2009, 12:40 PM
I'm going to Amsterdam in March and away again in June. Don't know whether to just get my euros now for Amsterdam or hope that it improves even slightly before then :grr:

Off to Berlin in February for 4 days and hedged my bets earlier this week by buying some euros as it was a 1.00:1.00 rate. If :confused: it creeps back up I'll get some more but I don't expect it to.


Try living here :bitchy:

:eek: Do I need to up the limit on my credit card H? :worried:

Hibrandenburg
05-01-2009, 10:37 AM
Off to Berlin in February for 4 days and hedged my bets earlier this week by buying some euros as it was a 1.00:1.00 rate. If :confused: it creeps back up I'll get some more but I don't expect it to.



:eek: Do I need to up the limit on my credit card H? :worried:


Berlin isn't more expensive than this time 5 years ago, it's just the exchange rate that's the crippler! I've lost around 1/3 of my take home pay since the pound took a nose dive. Think I'll retire early :cheers: