The £/Euro rate is continuing to drop – where will it stop? We’re certainly as unsure as everyone else, but at the moment its all freefall in terms of rates.
Take a look at the following graph:
Euro rate over the last 18months. So, always keep an eye on rates and if you see a peak it might be a good time to buy.
We did a quick check of Euro currency rates available today at 5pm and compared online providers along with the rate you would get if you turned up at the Post Office, a Bureau de Change at Gatwick Airport and Heathrow Airport, along with the rates on offer from these if you reserve and collect.
The rate difference today wasnt as extreme as some days, but the savings are still worthwhile. Changing £1000 you could get an extra 50euros today by pre-ordering and getting this delivered ratehr than just getting your travel money at the airport.
The following shows the rates on offer and the amount you would get if you changed £1000 at 5pm on 19th October 2015:
|Gatwick Airport Bureau de Change pre-order
|Gatwick Airport Bureau de Change
|Heathrow Airport Bureau de Change
It always pays to compare Euro rates
and pre-order. Even if you have left it to the last minute reserve and collect to get a better rate than just arriving at the airport and exchanging your money for your travel cash.
We will be comparing more rates in the future
The currency of France is the Euro (prior to the introduction of the Euro they used the French Franc). Its currency code is EUR and the currency symbol is €. It is used in a number of currencies in Europe. There are 100 cents in a Euro.
The currency is made up of coins and banknotes as follows:
Frequently used coins: €1, €2, 5cent, 10cent, 20cent, 50cent
Frequently used banknotes: €5, €10, €20, €50, €100
The Euro rate has increase over the last week by just under 1%.
The rate last Thursday was 1.3760 and today its at 1.3891. This means that £750 will get you an extra €9.83. We’re seeing an upward trend at the moment but the Euro is dependant on so many things so we’ll be keeping a close eye on it.
Here is a trend map over the last few months.
Always compare Euro rates before you buy.
It’s been a funny month for the Euro. Lots of news affecting its rate and a lot of talk about this year being the best time ever for the UK/Euro exchange rate.
The rate is certainly a lot better than last year and its looking promising for those heading on holiday to Europe this year as costs will be lower and in turn holiday companies will be more likely to extend offers and deals to UK holidaymakers.
As of this morning the Euro is currently around 0.5% higher than it was at the start of Marcg with todays best Euro rate
at 1.361. This converts to you getting around €7 more Euros for every £750 you exchange.
The peak was 1.3927 on 25th March.
This year the Jazz festival in Montauban is running 27th June – 7th August. Full details can be found on the official site here.
If you are travelling to the festival then train is an excellent way to get there. Montauban is at the crossroads of the rail links Bordeaux-Nice and Paris-Toulouse-Spain. Worth checking out Rail Europe for details.
As always check Holiday Currency Exchange for the best Euro rates before you travel.
The last week or so we’ve seen some incredible Euro rates that have not been seen in sometime. Rates hit 1.20 earlier in the week.
So, is now a good time to buy Euros? yes, of course. It may go up further but given we’ve not seen rates like this in sometime our advice would be to compare and buy.
Check out the current best Euro rates
You should always buy before you get to the airport, the rates are usually much better. Even still buy them online and with most suppliers you will get your holiday cash the next day via recorded delivery.
Check out the current best Euro rates for your holiday cash with Holiday Currency Exchange.