Hi all
I am going to get my travellers cheques and some euros this week. I know Marks and Spencer usually have a good exchange rate. Does anyone know their rates or anybody else who are giving good rates.
Any advice is much appreciated.
thanks
Amanda
I got mine from M&S a few weeks ago and they gave me 1.43. When I checked the same day with the Post Office, they were only giving 1.40 so I reckon M&S are as good as it gets......
P.S. I sometimes think it's the luck of the draw on the day as of course the rates are changing all the time. good luck!
Just think if we were in the Euro we would get 1 euro for 1 euro,now thats a bargin ;-)
Yep, I think it will be M&S then.
Thanks
Amanda
someone who just came back from arillas said the exchange out there was 145 to the pound on the blogs last week.so maybe change up out there.
That sounds much better. I think we will get a few to tide us over for a meal etc. when we get there and get the rest later on. I dont mind the PO for a few euros as its more convenient and we leave on Monday. I can remember when it was 1.75 years ago, gradually its come down over the years as you would expect.
Yep i can confirm that the rate was 1.45 when we were out there too, it may have gone up slightly, can anyone confirm this whos just got back??
I looked on the internet currency rate and it said it was 1.48
Is that here or in Corfu??
We dont go to Arillas untill August but changed some money into euros earlier in the year.We got 147 to the pound.We wont change anymore till we get to Corfu as it always is a better rate there.
I think that was here.. I just type in currency exchange find a site and it converts GBP into euros.
Quote from: chicko on June 20, 2007, 09:08:19 PM
We wont change anymore till we get to Corfu as it always is a better rate there.
Yep we always take our readies over in Sterling and exchange it there.
Just returned from Arillas and the exchange rate was 1.47 compared to 1.43 in UK
143 to the pound in mark;s today 22nd july have a good hol .i know i will.
can I ask (as I do every year!). Even though the rate in Arillas is better, you are charged commission so does this still work out cheaper? If I could get 1.44 in England - commission free but 1.47 in Arillas which would be best? Sorry, Its a blonde thing...
Sandy said I got 1.40 yesterday which is low but I didnt have to pay commission. I didnt want the hassle of shopping around for it. We usually change it at the airport, just enough to tide us over for our first meal and shop at the supermarket but it was convenient at the PO this time.
I've never changed money at the airport but would tend to avoid it at all costs - it must surely be the worst exchange rate there?
Personally I have always though it was 6 and 2 threes where you change it otherwise - 1.43 and no commission in the UK or 1.45 with commission in Arillas....on balance, I would opt to give the commission to the loacals in Arillas.
The exchange rate in Arillas last week was 1.462 pretty much everywhere in Arillas. When I left UK it was 1.42. Prefer to give my business to Arillas than the money-grabbing companies in UK so I just try to keep €50 euros each visit to pay for the taxi from the airport and change sterling as soon as I arrive in Arillas.
Fiona
Hi there
I got my Euros yesterday at a rate of 1.431. M&S were doing it at this rate so Holiday Hypermarket price matched it for us.
Ready to go now!
Amanda
I opened my Nationwide account this morning and was told they have been inundated with applications from people primarily wanting to use the card abroad.
I guess they have had a lot of feedback from the advert on tv - the one where the lady is querying why she has been charged for taking out money abroad and the guy saying it pays for the drinks at there christmas party? or some works do. ???
That's right, Shuey, think he says it's for the Shareholders' meeting!
Fancy me knowing that - I didn't think I took much notice of adverts either!
I agree with the above, id rather pay the commission in Arillas.
Im not surprised Nationwide have been inundated with applications, i hope they continue to do the commission free and its not just for a set period??!
I don't know Smiffy. The woman was also trying to persuade me to get a Nationwide credit card but I said I did not need another. She tried to make out that most banks charge you for using a credit card abroad but I have never found that. Obviously you would be charged if it was to get cash, but I always pay for duty free etc at the airport by credit card because again, you usually get a much better rate of exchange when the bill comes....and certainly no extra charge to pay.
Spoke to someone at length about this and they reckoned that even with Arillas commission it worked out cheaper to take sterling then change it over there.
Over the years I have always found it better to change money in Arillas rather than the UK. Even after the commission the rate works out better.
Jebbo
Could someone tell me the current exchange rate in Arillas and the commision rate please. Is it 1 or 2%?
Jo
i asked Olga's Travel this question the other day and was told it's 2%. They all do a good exchage rate though. I remember that, when in the Alpha Bank at Acharavi, last September I noticed they only charged 1.5% so, out of interest, changed up some sterling. Back in Arillas I changed the same amount of sterling and even with their 2% got more euros than the Bank. - Strange that.
If you can get commission free sterling travellers cheques in England then bring those.
You will get more for your money. ( It was about 1.467 exchange in Arillas yesterday )
Negg
Thanks for that Neg. Will probably bring my sterling to Arillas I think!