San Stefanos Online ~ North West Corfu

Welcome to San Stefanos (NW Corfu) => San Stefanos news and views => Topic started by: Jimbo on January 20, 2014, 01:53:05 PM

Title: Euro rate
Post by: Jimbo 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!
Title: Re: Euro rate
Post by: cambridge 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!
Title: Re: Euro rate
Post by: Lesley 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.......
Title: Re: Euro rate
Post by: Jimbo 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!
Title: Re: Euro rate
Post by: Jimbo on January 22, 2014, 02:00:28 AM
Up to 1.1973 this evening (21-01-2013)

Is it going to hit 1.2 ????
Title: Re: Euro rate
Post by: Jimbo on January 22, 2014, 01:14:35 PM
ONE POINT TWO! (1.2003)
Title: Re: Euro rate
Post by: 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 
Title: Re: Euro rate
Post by: D@G on January 23, 2014, 10:08:14 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.
Title: Re: Euro rate
Post by: D@G on February 13, 2014, 02:09:45 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
Title: Re: Euro rate
Post by: Jimbo 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.
Title: Re: Euro rate
Post by: cambridge on February 13, 2014, 11:34:08 AM
I'd hang on.
Title: Re: Euro rate
Post by: Jimbo on February 13, 2014, 04:24:15 PM
I doubt if it will go much above 1.2

It's already dropping slightly.
Title: Re: Euro rate
Post by: Lesley on February 13, 2014, 04:50:50 PM
Machine in Sidari only gave me 1.17 today.....
Title: Re: Euro rate
Post by: Dupnica on February 13, 2014, 07:16:54 PM
  FAIRFX offering 1.203 this afternoon.
Title: Re: Euro rate
Post by: Jimbo on February 13, 2014, 07:53:10 PM
FairFX = 1.950
TravelFX = 1.1992

Sure that page is not cached from yesterday?
Title: Re: Euro rate
Post by: rilo57 on February 13, 2014, 09:01:39 PM
wooo,this is not good.i have to buy sterling next week.  lol
Title: Re: Euro rate
Post by: Dupnica on February 13, 2014, 10:03:22 PM
FairFX = 1.950
TravelFX = 1.1992

Sure that page is not cached from yesterday?
[/the quote] When I checked at 16.00 today that was the rate it has now gone down to 1.195 although Ice are still offering 1.203.
Title: Re: Euro rate
Post by: Tredegar Boy on February 16, 2014, 10:51:38 PM
Ordered £500 worth with TravelFX on Friday at 1.2010. Rose a little on Saturday and now sits at 1.2020. 610e for £507 and it could get better me thinks.
Title: Re: Euro rate
Post by: Jimbo on February 21, 2014, 03:17:13 PM
I guess - and it's only a guess, obviously - that the statement by a Bank of England official that interest rates may go up slightly in 2015 is likely to cool this down a bit.

The rate is currently still very good (1.1970 on TravelFX today) - although not quite as high as it was.
Title: Re: Euro rate
Post by: teambunny on February 22, 2014, 06:09:11 PM
We've got 1.20 last weekend  and on Tuesday and it was down to 1.19 today. Still good though. It worked out at £201.26 for E240. This is at the pawnbrokers.