The new Euro Rate - So what is it worth today in 2010

[Waspman]

At The Nafsika Hotel (SS) on 18th May 2010 we got 1.16 Euros to the GBP with commission already taken off.  So go and see Spiros.

[YANNIS26]

I posted this last season but thought it might be useful to any newcomers to the forum.
Have you thought of using a credit card for all large purchases.Such as meals ,trips or duty frees.You need a card that charges 0% commission on foreign purchases.The one I use is a mastercard from the post office but other cards are available.
A small number of businesses may charge you 2% to cover their costs but at an exchange rate today of 1.1744 it is well worth it.
If you use for example Barclaycard and many others they charge you 2.75% for the privelege of using your card abroad.This is on top of the 2% the local business may charge you.
 

[Waspman]

Nationwide is another 0% commission credit card, but only in Europe, whereas Post Office credit card is worldwide

[tonyco1]

Luckily Corfu is in Europe and I have a Nationwide card!! It all helps!

[Mikee]

Anyone know what the best rate going in SS at the moment?

Crown Currency offering 1-18 Euros to the Ł (with a 10 - 20 day) delivery

I don't think thats worth the risk/wait, as the rate appears to be creeping up at the minute
with even the P.O. offering 1-1665 ?

[swedebasher]

Travel FX has 1.17 as does HiFX, and these are available immediately.

[Jimbo]

What's the general view for getting Euros in SS?:

(1) Take loads of Euros and hope not to lose them
(2) Take Euros and GBPs ditto
(3) Take Euro Travellers Cheques
(4) Take GBP Travellers Cheques
(5) Get cash from hole in the wall
(6) Get cash from San Stef Travel using debit card (is this possible?)

TIA

Jim

[Mikee]

Does anyone know what exchange rate you can get in SS itself at the moment?

With the PO even, offering 1-1726 today I am glad I didn't opt for one of these
20 - 30 day currency deals, as it was less than that 20+ days ago .. seems to be rising a 'little'

I think I will just take sterling out with me and look for the best rates out there, just need to
know what I can expect at the minute 'on the ground' so to speak !

[Jimbo]

I've got a desktop widget on my second monitor that shows currency rates. The Euro has been fluctuating between 1.20 and is currently at 1.212. If it goes higher I'd be tempted to buy. I think the pound will be unstable when the budget comes out!

[swedebasher]

TravelFX selling euros for 1.19 today.

[don]

What's the general view for getting Euros in SS?:

(1) Take loads of Euros and hope not to lose them
(2) Take Euros and GBPs ditto
(3) Take Euro Travellers Cheques
(4) Take GBP Travellers Cheques
(5) Get cash from hole in the wall
(6) Get cash from San Stef Travel using debit card (is this possible?)

TIA

Jim

1) and a safety deposit box... Free in Kappa travel opposite Spiros bikes !

[YANNIS26]

What's the general view for getting Euros in SS?:

(1) Take loads of Euros and hope not to lose them
(2) Take Euros and GBPs ditto
(3) Take Euro Travellers Cheques
(4) Take GBP Travellers Cheques
(5) Get cash from hole in the wall
(6) Get cash from San Stef Travel using debit card (is this possible?)

TIA

Jim

Hi Jim
I tend to take plenty of GBPS as I believe in the vast majority of cases you get a better rate in the village than you would in the UK.
When paying for meals or large items I use my Post Office credit card which charges 0% commission on oversees purchases.This makes the exchange rate at approx. uk bank rate which today is  1.21Euros/ GBP
Yammas
Yannis.

[sunshine]

I called into the post office today and they told me the rate was 1.13 i have read on here that it,s higher in other parts of the country

[Waspman]

Pay by Nationwide/Post Office/Saga or Santander Credit card which have no European loading charges, you will always get the best deal.

Beware that some tavernas may decline credit cards as they get a better deal (you will not) when paid in cash, cash is King and of course is not traceable

See Martin Lewis (Money Saving Expert) website and he will say the same.

[tonyco1]

I must agree with the Wasp!! Cash is King!! Credit card is back-up for us only!!