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Euro rate at moment. |
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cameroncleggout ![]() Senior Member ![]() ![]() Joined: 14/September/2013 Location: Fylde Coast Status: Offline Points: 346 |
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News outlets predicting UK interest rate rise next month. So if possible, hang on a short while before purchasing you`re euros.
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cameronout
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pyrman ![]() Top Contributors ![]() ![]() Joined: 06/December/2012 Location: Kilmarnock, Sco Status: Offline Points: 1135 |
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Thinking of re-appraising our atm advice this week ... pound at 1.19 and after declining conversion I got 1.06 from the multibanco in Pingo Doce Worms ... the Cambio on 5 October was giving 1.10 ...
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Pyrman
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Bunnyrunner ![]() Regular ![]() ![]() Joined: 19/May/2021 Status: Offline Points: 158 |
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Yes the rate is determined by the card provider not the ATM machine. You need to have a card that charges no cash advance fees and no sterling transaction fee. You shouldn't get charged a fee using a MultiBanco machine but you will get charged 3.99 if you use a Euronet ATM regardless of how much or how little you take out.
I took out 200€ on Monday at the MB at Intermarche next to the Arte bar, I have been charged £169.43 which is a rate of 1.1804, this was using a Halifax Clarity card. According to Currencies Direct the exchange rate on that day was 1.1869 so I got only just over half a cent below the daily rate and in my experience that is quite usual for it to be just half a cent or so less.
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pyrman ![]() Top Contributors ![]() ![]() Joined: 06/December/2012 Location: Kilmarnock, Sco Status: Offline Points: 1135 |
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Just up-dating ... pound is at 1.17 and probably going down a bit ..
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Pyrman
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pyrman ![]() Top Contributors ![]() ![]() Joined: 06/December/2012 Location: Kilmarnock, Sco Status: Offline Points: 1135 |
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no ... holding at 1.1775
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Pyrman
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cubsur ![]() Moderator Group ![]() ![]() Joined: 26/January/2006 Status: Offline Points: 27294 |
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For anyone still daft enough to want to change cash here, the rate today in town was £1 = €1.095.
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Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
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pyrman ![]() Top Contributors ![]() ![]() Joined: 06/December/2012 Location: Kilmarnock, Sco Status: Offline Points: 1135 |
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Official London rate is 1.1925 now ... yes, do it online, Ramsdens at 1,168 .. others better.
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Pyrman
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AJSUGGY ![]() Regular ![]() ![]() Joined: 11/April/2020 Status: Offline Points: 242 |
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Hit 1.1997 @ 0200hrs this morning
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cubsur ![]() Moderator Group ![]() ![]() Joined: 26/January/2006 Status: Offline Points: 27294 |
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A useful barometer over the years is the conversion of my £10 Christmas bonus from Her Majesty : 2017 - €11.27 2018 - €11.20 2019 - €11.04 2020 - €10.90 2021 - €11.71 In the past year the value of € to the £ has therefore increased by around 7.5%
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Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
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Algarveaddick ![]() Top Contributors ![]() Joined: 27/December/2008 Location: Portugal Status: Offline Points: 5052 |
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I would like to see the pre-Brexit vote figures too...
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Go away Duchatalet
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cubsur ![]() Moderator Group ![]() ![]() Joined: 26/January/2006 Status: Offline Points: 27294 |
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Earwig-o. These are the commercial rates for 7th January each year, rounded to two decimal places. Source exchange-rates.org.uk 2010 - 1.11 2011 - 1.20 2012 - 1.22 2013 - 1.23 2014 - 1.21 2015 - 1.28 2016 - 1.33 fell off a cliff later that year to 1.07 2017 - 1-16 Today's rate as of the time of this post 1.20
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Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
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AJSUGGY ![]() Regular ![]() ![]() Joined: 11/April/2020 Status: Offline Points: 242 |
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Just bought a few at this rate and I will buy some each month, depending on the rate. Not visiting this year (new bath room took priority) so I have about 18 months to save up unless I win the lottery.
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suggy
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pyrman ![]() Top Contributors ![]() ![]() Joined: 06/December/2012 Location: Kilmarnock, Sco Status: Offline Points: 1135 |
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One month later and the rate is 1.1821 ... still not bad
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Pyrman
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pyrman ![]() Top Contributors ![]() ![]() Joined: 06/December/2012 Location: Kilmarnock, Sco Status: Offline Points: 1135 |
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Has had a bit of a surge ... official 1.205 this morning ... you can get over 1.18 at Ramsdens, order online pick up in store.
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Pyrman
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pyrman ![]() Top Contributors ![]() ![]() Joined: 06/December/2012 Location: Kilmarnock, Sco Status: Offline Points: 1135 |
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Still hanging in there 1.2026 today ...
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Pyrman
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