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Pound-Euro 2016

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Jimbo:
:-)

Pound climbed up to 1.13 on TravelFX. Joy!

Richard/Jackie/Nathan:
We can go on and on about the effect of Brexit on the exchange rate but ultimately is it going to stop me travelling? - a resounding no, the exchange rate has been far worse in the past and it didn't stop me then and it won't stop me now!

Tredegar Boy:

--- Quote from: Richard/Jackie/Nathan on January 11, 2017, 11:21:16 AM ---We can go on and on about the effect of Brexit on the exchange rate but ultimately is it going to stop me travelling? - a resounding no, the exchange rate has been far worse in the past and it didn't stop me then and it won't stop me now!
[/quotee]

Well said. Let's be honest if £1 = e1 how many of us would still go to San Stef rather than holiday here. Yes/no?
--- End quote ---

mrsjune22:
Going to San Stef.isn't going on holiday, it's my second home. Unfortunately, thanks to age and health, I doubt if I will get there again. Altogether now AAAW! :'(

Jimbo:
Richard - If you don't want to read it there's no compulsion.

The fact is that for those on pensions etc. the rate makes a big difference to holiday costs. I monitor the rate daily because a big upward spike may make it a potentially good time to bus some euros. It makes a considerable difference if you're buying £1,000 worth.

Reading back, Andy did well to buy at 1.17 because we're nowhere near that. Yes, the euro rate has been lower, but only significantly after the financial crash of 2008.

The cause - Brexit or Theresa May's trousers - is irrelevant. I'm reporting what you can get for your pound.

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