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Thread: Exchange rate dilemma

  1. #11
    Administrator keith's Avatar
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    Quote Originally Posted by britchick, post: 199390

    Jeez i hope it doesn't go that low!
    me too, but with the choice of plonkers we're going to have to vote for in the coming months, I fear the worst
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  2. #12
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    ive just posted the rates from the most popular places to buy currency from
    Mick

    Sunridge Woods Villa Oct 2000 & 2002
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  3. #13
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    I have used crown,and for us they were fantastic. Money came exactly when they said and it was very comforting to dpeak to somebody if l needed to. AND l needed to. i forgot tp put my refrence number in the bank transfer. They couldn't have been more helpful.
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  4. #14
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    Quote Originally Posted by Disneybumble, post: 199465
    I have used crown,and for us they were fantastic. Money came exactly when they said and it was very comforting to dpeak to somebody if l needed to. AND l needed to. i forgot tp put my refrence number in the bank transfer. They couldn't have been more helpful.
    i used them last trip and they sent them earlier than they said
    Mick

    Sunridge Woods Villa Oct 2000 & 2002
    Esprit/Calabay Parc Oct 2004
    Sunset Ridge Oct 2008



  5. #15
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    i have a fairfx card that came yesterday
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  6. #16
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    Quote Originally Posted by tb2830, post: 199557
    i have a fairfx card that came yesterday
    from what ive seen posting the rates you get the best rate on these cards
    Mick

    Sunridge Woods Villa Oct 2000 & 2002
    Esprit/Calabay Parc Oct 2004
    Sunset Ridge Oct 2008



  7. #17
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    I just sent some money over this morning and got $1.50 with XE.com but this is only for transferring money into our US bank account ( to pay the never ending bills )

    Sandra
    Sandra




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  9. #19
    Administrator Tink's Avatar
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    So, help me understand...

    If the British Pound Sterling is closer to one to one exchange with the US dollar (that's better for me, I understand that) but how does that compare to the Euro in use in Ireland?

    If those ratios become more favorable to "me" is there sense in buying now (or if it drops more) and keeping the money until such time as we return to Ireland and visit the UK?

    Or does one not do that; buy foreign currency and save it for a later date?






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  10. #20
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    Quote Originally Posted by Tink, post: 199647
    So, help me understand...

    If the British Pound Sterling is closer to one to one exchange with the US dollar (that's better for me, I understand that) but how does that compare to the Euro in use in Ireland?

    If those ratios become more favorable to "me" is there sense in buying now (or if it drops more) and keeping the money until such time as we return to Ireland and visit the UK?

    Or does one not do that; buy foreign currency and save it for a later date?
    The Euro is quite strong at the current time compared with the GBP Tink. [ie we get less Euros when converting our Sterling than we did a while back...and the same applies to the GBP/US dollar rate compared with a couple of years ago.]
    It`s always hard to know when to convert currency to get the best exchange rate.
    If you feel that the US dollar/Euro is favourable to you at the present time, then there is no harm done in buying some Euros now and saving them for your trip.
    Obviously if the exchange rate changes later [after you have bought your Euros] then you will either kick yourself for not buying more at the time, or alternatively regret buying them in advance as you could have got a better deal if you had held fire.

    The whole currency exchange business is not for the faint hearted is it?





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