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I'm on holiday to eurozone the week after next, whats the opionion on when the best time to convert my £ is, you recon I should just leave it till the last minute as the rate is only going to get better / or just use cash points over there ?
Your bank will screw you on the ATM. If I were in the same position, I'd wait until a few days before. Each day is going up and down, with the trend being down. The long wait until Greek elections is going to affect the value downwards, imo, unless somethig is said conceeding ground to the greeks soon.
I'm on holiday to eurozone the week after next, whats the opionion on when the best time to convert my £ is, you recon I should just leave it till the last minute as the rate is only going to get better / or just use cash points over there ?
Hedge your bets, convert some now and some later. If it goes down, you'll feel good that you did partially well; if it goes up, you'll feel pleased that you managed the risk.
Err surely that would be 0/2 which is 0? You're thinking of 2/0 which isn't the same thing at all. I _really_ hope your job doesn't involve an element of mathematics.
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I'm on holiday to eurozone the week after next, whats the opionion on when the best time to convert my £ is, you recon I should just leave it till the last minute as the rate is only going to get better / or just use cash points over there ?
Work out what the charges are going to be for using an ATM in Europe - for example it's cheaper to get a cash advance on my credit card than to use a First Direct cash card because of their charges.
We're going in the summer and will leave it until the last minute to get some cash, and top up if necessary while abroad (MrsF has some ideas about things to buy to sell in her shop).
If you haven't got a decent card for overseas spending, it's too late now anyway. If paying by card, make sure you know what you're going to get charged - my Tesco credit card is one of the worst for spending abroad with, because they make up their own exchange rate.
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Err surely that would be 0/2 which is 0? You're thinking of 2/0 which isn't the same thing at all. I _really_ hope your job doesn't involve an element of mathematics.
There was suppose to be a sense of irony in my post. Obviously it failed.
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I'm on holiday to eurozone the week after next, whats the opionion on when the best time to convert my £ is, you recon I should just leave it till the last minute as the rate is only going to get better
Don't expect massive currency fluctuations in the short term.
My policy is 50% hard cash and 50% cash points, but it all depends on how much you want to spend. Then it depends by the country. I have always been ripped off in the Netherlands but I had good deals in Florence and Rome.
<Insert idea here> will never be adopted because the politicians are in the pockets of the banks!
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