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Unread 9 Feb 2004, 19:39   #1
Weeks
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[Financial Advice] Converting Pounds to Euros
Anyone done this lately?
Dunno what's the best strategy to go for.

Gonna do some in hard-cash.
And the rest in Travellers Cheques.
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Unread 9 Feb 2004, 19:42   #2
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Re: [Financial Advice] Converting Pounds to Euros
I'd use the current exchange rate.

You tend to get more for your money.
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Unread 9 Feb 2004, 19:46   #3
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Re: [Financial Advice] Converting Pounds to Euros
http://www.x-rates.com/
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Unread 10 Feb 2004, 09:10   #4
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Re: [Financial Advice] Converting Pounds to Euros
Unless you're worried about theft, travellers cheques always seemed a bit of a rip off.

If you are worried about theft then it's all good since you can generally get them reissued.
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Unread 10 Feb 2004, 09:46   #5
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Re: [Financial Advice] Converting Pounds to Euros
I've just been to Dublin. Couldn't be bothered to change money before hand so just used cash machines. Got a good exchange rate minus £1.50 service charge. This is a good idea if you are worried about theft to be honest, as you are never really carrying all of your money in cash.

As Dante said travellers cheques seem a bit of a rip off. But to add to this they may be hard to change depending on where you are going. For example, if you are traveling about, and you miss a train and arrive at one in the morning somewhere with no money, you are not going to get them changed very quickly.

Depending on what account you have and with whome you may be able to convert money charge free and commission free with them. Lloyds TSB and HSBC do it on their student accounts afaik.
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Unread 10 Feb 2004, 21:15   #6
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Re: [Financial Advice] Converting Pounds to Euros
Travelex looks cheaper than The post office atm! :O
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Unread 21 Feb 2004, 15:07   #7
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Re: [Financial Advice] Converting Pounds to Euros
It's dropped now
Whatcha reckon. The lasted my gonna convert is the 26th.
http://www.x-rates.com/d/EUR/GBP/graph30.html
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