Exchange rate

Probably the most mentioned topic on all Spanish forums. The exchange rate. Heres a site worth knowing, mentioned before some time ago, but worth a mention again:
[You must be registered and logged in to see this link.]

I have a Euro Currency Card (one-off payment of £10) from FairFX which is currently at 1.12euros to the pound -which, I think, is the best rate out there, for small amounts. I top it up (online) from my UK bank account and pay of fee of 1.50euros per withdrawal from my Spanish ATM (the more you withdraw, the cheaper it becomes). If I wanted to move larger amounts, I would use HIFX or similar.....when I bought my cave 4 years ago, the rate with HIFX was 1.48 to the pound! I think, those days are gone

eur 1.13 to the £ today

Hard to believe now, but in March 2000 it peaked around 1.80 - Apart from a couple of small blips it has been downhill all the way!!!

1.16 and going up slowly...........................

Where Dave?

Only thing is Dave, it's an Interbank 'Banker's' rate and not available to individuals:
HIFX - "All rates shown are based on today's Interbank rates. This is the rate at which banks and brokers buy and sell money to each other. Private individuals and small to medium sized businesses cannot access these rates. They are therefore provided for indicative purposes only. For a quote please call us."
Currently, the 'holiday' rate is eur1.112 with a minimum order of £350.00 and a delivery charge of £4.99 for orders under £500.

It'll be interesting to see what difference the election result will make...if any

I agree, but it does give an indication of which way its going, and when it reaches about 1.99......................

Greece

Then the euro will fall!

Yeah, anything we can do to help them go t*ts up?

LOL I was going to say stop buy piza, but thats Italy

Whats Greeces bigest export??

spain = Olives
France= wine
Germany francferters
china = noddles
switzland= strudle abba

may be thats the problem!
saying that whats the UK biggest export???

Very good point Col. Its got me thinking.

A quick search found this:
Feta cheese, olives, olive oil, Greek herbs, telecommunications hardware and software, pottery, textiles, tobacco, fruit, vegetables, clothing, alcoholic drinks/beverages

Thats Greece by the way, not the UK

and for the UK.........................
The UK's Main exporter is the weapons industry, being the world's second largest contributor.

1.20 today!

bigcol wrote:

LOL I was going to say stop buy piza, but thats Italy

Whats Greeces bigest export??

spain = Olives
France= wine
Germany francferters
china = noddles
switzland= strudle abba

may be thats the problem!
saying that whats the UK biggest export???

UK's biggest export?? C'mon Col you of all people should know this. It's Brit ex-pats of course!!

1.21. This has got to be a good sign, its been steadily climbing for a while now. what do you think, will it go much higher? Time to transfer some sterling?
Surely, now it must be looking good for property sales, prices are still really low and the exchange rate is improving. Your thoughts...........?

check out XE.Com

You can sign up and use it like traders do... nice and easy... I transferred 30k over and it cost me only £40...

you need a host account and a source account...rate can be 'fixed' for a future time...which I did... I got 1.16 in April and transferred it late May...

Nigel

If you want to bring euros with you to Spain from the UK and can buy in advance try [You must be registered and logged in to see this link.] They are showing 1.21 for the end of August.

Ive got an account with HIFX, but just hanging on hoping it climbs some more.

It seems to be that the rate drops at the start of the holiday season - like now! Lets hope the trend breaks this year and it continues to climb.

were all doomed!! I tell you were all Doomed!!!

If I was a lot lot younger, was whole, and had hair, I dont think I be concentrating on the rates and the fall of the euro.

In fact it was so long ago, I dont know what I be concentrating on now

bigcol wrote:
If I was a lot lot younger, was whole, and had hair, I dont think I be concentrating on the rates and the fall of the euro.

Except when you were pacing up and down Canal Strasse in Amsterdam.