buy 2k Euros now, or in three months?
Discussion
Holiday lettings company wants the holiday balance (£1690) in Euros on 12th June 2014.
They've calculated that at Eu2056
should I buy the Euros now, or in three months, (banking on the GBP-EUR rate strengthening past 1.21 IMHO?)
Question2: where should I convert Eu2000 ?
Don't get me started on them quoting a price in pounds, then converting it themselves adhoc to Euros at an arbitrary time and rate. If the Euro weakens, it's me laughing.
anyhow, ta in advance
If they take credit card then you could apply for a Halifax Clarity (takes a week or so to arrive) then you get the interbank exchange rate and no overseas loading on transactions.
Edit: http://www.halifax.co.uk/creditcards/low-rate-no-f...
Edit: http://www.halifax.co.uk/creditcards/low-rate-no-f...
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