Look at the £ against the Euro

[the dude]

For those who don't have one that's thinking of getting one if you use this link:

Revolut review 2023 | £20 sign-up bonus | Card & app rated

Revolut is popular with travellers, spenders and savers. Our review explores the features of the Revolut card and app in detail.

www.finder.com

You can get the card for free (normally £5 For a physical card).

 

[Quench]

How's the SA Rand doing? Am I quids in next month?

I got 19 to the £ this week, doesn't seem to have changed post election.

 

[Paddy O'Dors]

I got 19 to the £ this week, doesn't seem to have changed post election.

Probably not a massive amount of trade between the UK and SA in comparison to other other countries. Rounding it up to 20 ZAR = £1 will make it easy to work out the cost of a beer I suppose.

 

[spitfire]

This:

POUND TO EURO TODAY AND GBP TO EUR FORECAST 2023, 2024-2027

Today's GBP To EUR exchange rate and forecast for free. GBP To EUR Converter. Pound to Euro forecast for tomorrow, this week, months, 2023, 2024, 2025, 2026, 2027

poundf.co.uk

Suggests it'll rise steadily until May then start to fall. Fuck knows how they work it out!

May is the start of the holiday season, so they lower the rate to fuck everyone over.

 

[SAFC_FTM]

Get yourself a Revolut card (pre-pay € card), and top it up by monthly standing orders each month over the year. Benefits are:

1. You get a great exchange rate with Revolut
2. You can spread your holiday money payments over the year, so probably won't notice not having that money
3. You'll not have to attempt to become a currency trader and "time the market", reducing your worry about getting the best rate
4. You'll automatically become great at "this sort of thing"
5. One more thing removed from your "todo" list every year, as it'll never have to appear again

I agree with benefits of revolut but should also state the negative that it offers no FSCS protection.

 

[theredflag]

I agree with benefits of revolut but should also state the negative that it offers no FSCS protection.

Aye.

Revolut's great and always use it for holiday spends but personally wouldn't feel comfortable leaving large amounts on there for an extended period due to the above.

 

[Quench]

Probably not a massive amount of trade between the UK and SA in comparison to other other countries. Rounding it up to 20 ZAR = £1 will make it easy to work out the cost of a beer I suppose.

Couple of quid a pint I would think, might even be less

 

[Paddy O'Dors]

Couple of quid a pint I would think, might even be less

£1.65!

The average price of a pint in 150+ countries: Interactive world map

Use our interactive map to find out the cost of a pint of beer in 159 countries, and learn the average cost of a pint across the UK.

www.finder.com

 

[Quench]

Get in, heading there Tuesday

 

[Paddy O'Dors]

Get in, heading there Tuesday

Pop over the border to Mozambique mate. 39p a pint there!

 

[Bradford Pete]

FYI, and not that it's any of yours, its her mates on Twitter who have been friends for ages. And furthermore both are in loving relationships.

Sounds more like an orgy then rather than a threesome.

 

[Bob Fleming]

Now regretting now changing me Euros I've got.

 

[Butcher's Coat]

Hmmmmmmmmmmmm.

Pound Sterling Erases Election Gains Over Euro and Dollar after 'No Deal' Brexit Cliff Edge Returns

www.poundsterlinglive.com

 

[Hair Flick]

Hmmmmmmmmmmmm.

Pound Sterling Erases Election Gains Over Euro and Dollar after 'No Deal' Brexit Cliff Edge Returns

www.poundsterlinglive.com

They're taking the piss man. Just like Trump with his announcements about the China trade deals.

Release positive news suggesting soft Brexit, pound and markets go up, release news suggesting No Deal, pound & markets fall. There's serious money being made by those hedge funds given the nod ahead of the announcements.

 

[Weremuthe]

Pound back where it was pre-election!

Well done BloJo

 

[Monty Pigeon]

May is the start of the holiday season, so they lower the rate to fuck everyone over.

Supply and demand. Everyone's selling pounds, buying Euros. Pound goes down, Euro goes up.

You often see the opposite effect in September.

 

[Weremuthe]

Supply and demand. Everyone's selling pounds, buying Euros. Pound goes down, Euro goes up.

You often see the opposite effect in September.

That is absolutely bollox unless you mean 1 cent or so - I worked on putting a system into a German Bank in London and testing it, nearly all transactions were speculative and dwarfed the amount of trade & tourism. Even in the middle of winter we had to work in a chilled control centre.

About $7trillion a day is traded, what you will find is the price you buy & sell at varies as at lower volumes this has got to be wider.

 

[Hair Flick]

1.2050. Get your hols booked.

What is it they say about a week being a long time in politics?

 

[squashjoe]

What is it they say about a week being a long time in politics?

Bought £5k. What a nightmare

 

[Hair Flick]

Bought £5k. What a nightmare

Ah so it’s all about you then? As long as we know.