suein56
Member
Southern Morbihan 56 Brittany
Posts: 7,555
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Post by suein56 on Jan 17, 2024 12:49:27 GMT 1
If you need to exchange some ££ for some €€ then Wise are offering 1.1665€ per £ at this moment.
Edit : Susceptible to immediate change now I have posted this  |
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Post by leclairon on Jan 17, 2024 13:44:40 GMT 1
Tks for the heads-up. Has gone up since the early morning alert.
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Post by ajm on Jan 17, 2024 14:40:36 GMT 1
1,1648 - not much of an improvement
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Aardvark
Non-gamer
Living in soggy 22 and still wondering what's going on.
Posts: 2,172
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Post by Aardvark on Jan 17, 2024 15:44:40 GMT 1
It has been at 1.16 for several days. My pension is due on Friday so there is yet time for it to nosedive.
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Post by glazedallover on Jan 17, 2024 18:15:13 GMT 1
It has been at 1.16 for several days. My pension is due on Friday so there is yet time for it to nosedive. I think you'll be ok. I get both my pension and lump sum annuity before the month end, and I reckon it will stay above 1.16 . |
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Post by glazedallover on Jan 23, 2024 22:28:04 GMT 1
If it can stay here around 1.17 until the weekend, I will be a very happy bunny.
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Post by omegal on Jan 24, 2024 1:05:22 GMT 1
If you need to exchange some ££ for some €€ then Wise are offering 1.1665€ per £ at this moment.
Edit : Susceptible to immediate change now I have posted this I use Currencies Direct (who bought out The Foremost Group who we used to use) or Horizon Currency. I looked at Wise and found they charged, the two I have posted do not and for larger amounts, say over 10-15,000 Pounds to Euros, they beat Wise and no charges. I am certinly not knocking Wise, for lesser amounts they are a healthy competitor. |
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suein56
Member
Southern Morbihan 56 Brittany
Posts: 7,555
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Post by suein56 on Jan 24, 2024 11:07:16 GMT 1
The rate has gone over 1.17€/£ this morning .. for those interested.
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Nifty
Member
Posts: 5,045
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Post by Nifty on Jan 24, 2024 11:39:33 GMT 1
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Post by omegal on Jan 26, 2024 12:06:56 GMT 1
The rate has gone over 1.17€/£ this morning .. for those interested. I might be wrong but I take it that rate might be given to those receive their UK state pension in France? For others wishing to transfer Pounds in to Euros you are probably looking around 1,1620 as you would never get the mid market rate unless one is talking in millions |
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suein56
Member
Southern Morbihan 56 Brittany
Posts: 7,555
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Post by suein56 on Jan 26, 2024 13:07:40 GMT 1
For others wishing to transfer Pounds in to Euros you are probably looking around 1,1620 Sorry if I have confused you omegal. I look up the exchange rate regularly and, you are right, that is the mid-market rate - today it rose to 1.1729 at one point. If I am interested, and have the funds to exchange, then I look up what rate Wise is offering. So I either post the mid-market rate or the Wise rate offered. At this very moment Wise would give me 2333.18€ for £2000 .. their rate 1.17173 minus their charge depending on the amount transferred. Which is an end rate of 1.16659. |
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Post by houpla on Jan 26, 2024 13:17:14 GMT 1
It's interesting how Wise seem to be the go-to Company nowadays. When we bought our property here, the advice was to register with 3 or 4 different exchange Companies and ask for spot rates just before transferring. The differences were surprising and no one Co consistently gave the best rate. I have used Wise but find their insistence on trying to get me to open an account, instead of just completing a one-off transfer, very irritating. Given their charges, they're not always the best option, either.
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suein56
Member
Southern Morbihan 56 Brittany
Posts: 7,555
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Post by suein56 on Jan 26, 2024 14:29:39 GMT 1
It's interesting how Wise seem to be the go-to Company nowadays. Given their charges, they're not always the best option, either. I like them for the simplicity of their system and the speed with which their transactions are finalised. Which companies do you find better ? |
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Post by houpla on Jan 26, 2024 14:59:01 GMT 1
Hello Sue, I don't transfer very often nowadays, but have used Currencies Direct, Transferwise, HIFX and Caxton in the past. I think at least two of those are no more, though? Perhaps that is why Wise are so popular  |
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Post by omegal on Jan 26, 2024 17:48:52 GMT 1
Currencies Direct are certainly still about, in fact they bought out my go to exchange company, The Foremost Currency Group. Sue in 56, as you know, on larger sums Wise make a substantial charge, which on checking yesterday would have given me less return than Currencies Direct or Horizon (not that one !!!). I so wanted to try Wise but I went with Currencies Direct, money in our bank by midday today, the rate being 1.1636, perhaps for a few bob more I might have been oh so slightly better today but once I have made an exchange I make a point of not checking rates until the next required transfer. We bought our Campsite with a deposit of 10.35 Francs to the Pound, by the time the auction was finally over the Franc had plummeted to something like 8.40 to one pound. Scary time that was.....but all ended well.
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