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Author Topic: Euro rate  (Read 15398 times)

Offline Jimbo

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Euro rate
« on: January 20, 2014, 01:53:05 PM »
The pound is very strong against the Euro at the moment. Probably worth buying.

Today (Jan 20 2013) TravelFX.co.uk is selling at 1.1930, which is the highest it's been for a very long time.

Post office is 1.186 (online). TravelFX remains probably the best rate in the UK at least.

I'll post here again if it goes up, which I doubt!
« Last Edit: January 20, 2014, 01:56:55 PM by Jimbo »
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Offline cambridge

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Re: Euro rate
« Reply #1 on: January 20, 2014, 04:09:02 PM »
Sterling has certainly started the year well, and the Euro is on the back foot a bit.

The Bank of England might be the first major central bank to raise interest rates, which would continue to strengthen the Pound.

I predict Jimbo will be posting again, so hold your water!
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Offline Lesley

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Re: Euro rate
« Reply #2 on: January 20, 2014, 05:17:58 PM »
At the ATM today in Sidari (as the Avliotes ones has been taken away and over winter months none in San Stefanos) the rate on a would you like to convert before taking was still 1.13 so if you press no then on my Internet banking statement it shows 1.16 less UK bank charges...just for info if you are taking money out once here.......
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Offline Jimbo

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Re: Euro rate
« Reply #3 on: January 21, 2014, 03:19:24 PM »
TravelFX rate is up a tiny amount at 1.1936 today (21-1- 2013)

Not a huge amount, but every little helps!
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Offline Jimbo

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Re: Euro rate
« Reply #4 on: January 22, 2014, 02:00:28 AM »
Up to 1.1973 this evening (21-01-2013)

Is it going to hit 1.2 ????
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Offline Jimbo

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Re: Euro rate
« Reply #5 on: January 22, 2014, 01:14:35 PM »
ONE POINT TWO! (1.2003)
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Offline Jimbo

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Re: Euro rate
« Reply #6 on: January 23, 2014, 02:29:34 AM »
It's going up all the time. 1.2027 at the moment on TravelFX.

I don't think the Bank will raise the interest rates at the moment, so my guess is that it will stabilize at this level for a while.

It just means that an 8 Euro special costs £6.65 
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Offline D@G

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Re: Euro rate
« Reply #7 on: January 23, 2014, 10:08:14 AM »
Quote from: Jimbo on January 23, 2014, 02:29:34 AM
It's going up all the time. 1.2027 at the moment on TravelFX.

I don't think the Bank will raise the interest rates at the moment, so my guess is that it will stabilize at this level for a while.

It just means that an 8 Euro special costs £6.65 

I agree that the banks won't be raising the interest rates, yet.

I also predict that the 7% unemployment target that was set before the BOE start increasing interest rates will be lowered to 6.5%. This will further strengthen the GBP steadily over the coming months and €1.22 will be available come summer time.
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Offline D@G

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Re: Euro rate
« Reply #8 on: February 13, 2014, 02:09:45 AM »
Quote from: D@G on January 23, 2014, 10:08:14 AM
I agree that the banks won't be raising the interest rates, yet.

I also predict that the 7% unemployment target that was set before the BOE start increasing interest rates will be lowered to 6.5%. This will further strengthen the GBP steadily over the coming months and €1.22 will be available come summer time.

As predicted

http://www.bbc.co.uk/news/business-26153122
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Offline Jimbo

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Re: Euro rate
« Reply #9 on: February 13, 2014, 02:32:18 AM »
Yes - Good time to buy Euros. Been as low as 1.17 over the last week or so.

Every little Mythos helps.
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Offline cambridge

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Re: Euro rate
« Reply #10 on: February 13, 2014, 11:34:08 AM »
I'd hang on.
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Offline Jimbo

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Re: Euro rate
« Reply #11 on: February 13, 2014, 04:24:15 PM »
I doubt if it will go much above 1.2

It's already dropping slightly.
« Last Edit: February 13, 2014, 04:25:55 PM by Jimbo »
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Offline Lesley

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Re: Euro rate
« Reply #12 on: February 13, 2014, 04:50:50 PM »
Machine in Sidari only gave me 1.17 today.....
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Offline Dupnica

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Re: Euro rate
« Reply #13 on: February 13, 2014, 07:16:54 PM »
  FAIRFX offering 1.203 this afternoon.
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Offline Jimbo

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Re: Euro rate
« Reply #14 on: February 13, 2014, 07:53:10 PM »
FairFX = 1.950
TravelFX = 1.1992

Sure that page is not cached from yesterday?
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