Latest euro rate

[Jo Wissett]

A friend of mine has just got 1.16 from Post Office online

[turkeyfoot]

Hi
That was good. Its 1.1435 today. Top rate 1.1568 with Travel FX

https://www.compareholidaymoney.com/travel-money/euros?amount=1500

Geoff

[turkeyfoot]

Hi

Top rate today is 1.1639 and with the polictical unrest in the EU after many years of simmering tumoil, now finally beginning to boil over, means it should start start rising over the short period at least.
So keep your eye on the rates.
Geoff

[ron]

Transferwise.....1,1856

[turkeyfoot]

Hi
The exchange rate has been remarkably calm during the build up to the election holding steady at 1.16.
Todays top rate on line is still  1.1665
Financial markets generally react very quick to polictical changes if they feel uneasy.

Next week I think be an indictor of  how things will pan out. I have just ordered some at 1.1665

Add to the mix is the EU polictical unrest and the rise of extreme parties. The immediate concern for the EU is  the second French vote this Sunday as Le Pen's far right group looks to be  on the cusp of taking power.

Mr Orban, Hungary's PM , has just assumed the six-month rotating presidency of the bloc is another problem for stability in the EU.

Geoff

[Eggy]

Transferwise.....1,1856

"Horse" - "Flogging" - "A Dead" spring to mind , Ron.

Except for me as we are watching Transferwise.
Negg

[Truth]

Card only and I like CASH ! 😁

[turkeyfoot]

Transferwise.....1,1856

"Horse" - "Flogging" - "A Dead" spring to mind , Ron.

Except for me as we are watching Transferwise.
Negg

Hi
I have asked this before Negg. Isn't Transferwise for moving money between bank accounts throughout the world not for currency exchange in UK, although they do offer competative rates for that service ?
Geoff

[Eggy]

Hi Geoff
I coud stand corrected here but they offer many more services than "Bank to Bank"

Maybe worth looking into what they offer.

Right now £1000 is worth e1.177 after commision.

and.... I am fairly sure that a pal of ours uses transfers from them to their FAIRFX a/c.

Cheers
Negg

[turkeyfoot]

Hi Negg

Wise do have a useful card for travelling from UK, or for use by expats . Although you need a Wise account

The Wise card works in much the same way as your bank-issued debit card. While you're overseas, you can spend and withdraw cash with your card just like you would in the UK. You can keep an eye on everything with instant transaction notifications in the Wise app.

The card linked to your Wise account, just like a bank debit card is linked to a current account. Using your card, you can spend whatever is in your Wise balance.

So all you need to do before you travel is top up your Wise account with the money you expect to spend while you're away. And you can always add more, using the Wise app to top up on the move.

But the Wise card does a clever thing that most debit cards don't. When you spend, it automatically converts the currency from your balance into the local currency wherever you are. This means you don't need to convert currency before you travel (unless you want to), as the card will do it for you.

Geoff

[turkeyfoot]

Hi Negg

Wise do have a useful card for travelling from UK, or for use by expats . Although you need a Wise account

The Wise card works in much the same way as your bank-issued debit card. While you're overseas, you can spend and withdraw cash with your card just like you would in the UK. You can keep an eye on everything with instant transaction notifications in the Wise app.

The card linked to your Wise account, just like a bank debit card is linked to a current account. Using your card, you can spend whatever is in your Wise balance.

So all you need to do before you travel is top up your Wise account with the money you expect to spend while you're away. And you can always add more, using the Wise app to top up on the move.

But the Wise card does a clever thing that most debit cards don't. When you spend, it automatically converts the currency from your balance into the local currency wherever you are. This means you don't need to convert currency before you travel (unless you want to), as the card will do it for you.

Geoff

Whether the euro rate you get at point of spending on the card is the money transfer rate they offer I dont know. 1.1826 at the moment .If it is, the card would be worth having. Will have to ask them. Cant see answer on line.

Cant see an option to order foreign currency on line and have it delivered to your UK address though.

A word of caution. Wise is not a bank, and as such is not part of the FSCS (Financial Services Compensation Scheme).

Geoff

[turkeyfoot]

Hi Negg

Wise do have a useful card for travelling from UK, or for use by expats . Although you need a Wise account

The Wise card works in much the same way as your bank-issued debit card. While you're overseas, you can spend and withdraw cash with your card just like you would in the UK. You can keep an eye on everything with instant transaction notifications in the Wise app.

The card linked to your Wise account, just like a bank debit card is linked to a current account. Using your card, you can spend whatever is in your Wise balance.

So all you need to do before you travel is top up your Wise account with the money you expect to spend while you're away. And you can always add more, using the Wise app to top up on the move.

But the Wise card does a clever thing that most debit cards don't. When you spend, it automatically converts the currency from your balance into the local currency wherever you are. This means you don't need to convert currency before you travel (unless you want to), as the card will do it for you.

Geoff

Whether the euro rate you get at point of spending on the card is the money transfer rate they offer I dont know. 1.1826 at the moment .If it is, the card would be worth having. Will have to ask them. Cant see answer on line.

Cant see an option to order foreign currency on line and have it delivered to your UK address though.

A word of caution. Wise is not a bank, and as such is not part of the FSCS (Financial Services Compensation Scheme). Although they do have other protection
Sorry, forgot to include the last sentence previously


Geoff

[turkeyfoot]

Hi
Despite Labour being in power and EU militant parties the exchange rate has actualy improved, the financial markets do not seem concerned.
Today its now improved to 1.1703
Geoff

[Truth]

I'm holding on a bit I think , it SHOULD continue to rise ......

[turkeyfoot]

Hi
Today, I think for the first time, John Lewis and Waitrose are offering the best on line rates 1.1707 respectively

Geoff