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£1 = 1 Euro for M/H travellers


libby

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Guest JudgeMental

Cheer up :-(

 

still 1.09 on XE.com. So... I would expect to get around that rate with a nationwide card. are you quoting tourist rate from the likes of M&S etc....You miserable old buzzard :-D

 

 

the exspurts were predicting 1.20 by the autumn. God knows what happened there *-)

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JudgeMental - 2009-10-02 6:35 PM Cheer up :-( still 1.09 on XE.com. So... I would expect to get around that rate with a nationwide card. QUOTE]

Arrive home last Wednesday from France just checked Nationwide online banking and I got 1.095 and diesel was 94.9euro so not too bad really still better than uk for motorhoming

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libby - 2009-10-02 9:31 PM

 

Just passing the info Me Lud.

 

Old. Most definitey: Miserable. I hope not: Buzzard. Not taken to praying FOR people yet:

 

 

You should try it Bill! :D

(Apols for editing you!)

 

Back on thread, we worked on the assumption it'd be about 1:1 during our summer trip, so we were pleasantly surprised to find we were getting better rates than that. We're budgetting for our Easter trip to France on the assumption of 1:1 as well, so if it improves so much the better!

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On 21 September bought euros at the Post Office (first and last time but in a hurry!) and the exchange rate was 1.03€ to the pound. The cheapest diesel I found on the journey down France was just vaguely under one euro and the average price around here is 1.07€ with petrol up to 1.47€ a litre. Glad I have a diesel and that I had left the car (petrol) with nearly a full tank! Big rise in food prices too since June/July.
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Guest JudgeMental
libby - 2009-10-02 9:31 PM

 

Just passing the info Me Lud.

 

Old. Most definitey: Miserable. I hope not: Buzzard. Not taken to praying on people yet:

 

 

Yeah......negativty without any research = miserable in my book *-)

 

even M&S are 1.3 at the moment, poor I know but who in in their right mind pays tourist rate.......

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JudgeMental - 2009-10-02 6:35 PM

 

Cheer up :-(

 

still 1.09 on XE.com. So... I would expect to get around that rate with a nationwide card. are you quoting tourist rate from the likes of M&S etc....You miserable old buzzard :-D

 

 

the exspurts were predicting 1.20 by the autumn. God knows what happened there *-)

 

Which autumn?

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98.3€ for diesel this afternoon at Simply (Atac) supermarket in the Puy de Dome.

Ordered a Travel Money Card from Lloyds TSB before I left home so that I can withdraw cash in euros and pay into French bank without charges. It hasn't arrived so have spent about 40 mins on 3 calls to report this but still didn't get to speak to an advisor. Obviosly very busy but I wonder why? It's not the main season so have the rates changed?

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As long as there is profit to be made in currency dealing we will suffer whatever outcome there is. Can someone explain (in simple terms for a simple person) what is the benefit of a small in debt island trying to punch above its weight with the big boys. Someone said, I think it was one of those politition chaps, that it improves our exports. Excuse me, but what do we make? Only one result as far as I can see. So why not get it over with? Bring on the euro and make life simple.

 

Roy Fuller

 

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Guest JudgeMental
Yes, but at what rate! I am concerned with value of savings etc... I would have happily addopted the Eura at the rate of 1.50 - 1.60 but now! :-S
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Three weeks ago when we first went over we were getting about 1.13 by the time we were coming back it had fallen to 1.03. I also found that food in general was costing more the only consolation was the cheaper diesel at around 95 at the supermarkets.
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JudgeMental - 2009-10-04 3:01 PM

 

Yes, but at what rate! I am concerned with value of savings etc... I would have happily addopted the Eura at the rate of 1.50 - 1.60 but now! :-S

 

Quite agree Judge although at this rate I won't have any savings! Diesel round here still 98.6 and petrol much dearer than in England (unless it has gone up a lot in the last 2 weeks). I also think the excuse about the gain for exports is a con. Surely it is only very small specialist firms which still produce goods for export? I would have thought that we are much more likely to lose out on imports.

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Patricia - 2009-10-04 6:20 PM
JudgeMental - 2009-10-04 3:01 PM Yes, but at what rate! I am concerned with value of savings etc... I would have happily addopted the Eura at the rate of 1.50 - 1.60 but now! :-S
Quite agree Judge although at this rate I won't have any savings! Diesel round here still 98.6 and petrol much dearer than in England (unless it has gone up a lot in the last 2 weeks). I also think the excuse about the gain for exports is a con. Surely it is only very small specialist firms which still produce goods for export? I would have thought that we are much more likely to lose out on imports.

On what basis do you state that the gain for exports resulting from a lower pound is a con and only benefits small companies? Nothing could be further from the truth.

Taking just the car industry, 80% of all cars made in Britain's modern and very productive car factories (Sunderland and Swindon being just two examples) go for export.

Since production of the MINI started in Oxford in 2001 over 1 million have been exported. And this is only complete cars. Every year 3 million engines are exported from plants in the U.K.

Remember, this is just the car industry. Britain has many other very large heavy and light engineering companies that will benefit enormously from a low pound. Have you ever heard of British Aerospace (BAE) for instance? What do you think they make?

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libby - 2009-10-02 6:18 PM

 

On the radio this afternoon, as I predicted last year, and ready for the next election so that it will not become a party issue.

 

 

While it's perfectly possible that the Euro-to-GBP rate of exchange will reach numerical parity, or even that the exchange-rate will heavily favour the Euro numerically, I don't see why a forthcoming UK election and "party issues" should be the root cause.

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Regardless of what anyone thinks the object of UK governments is set to integrate the UK into Europe. It will happen, but first the Pound to Euro must be equal.

 

If one or other party is against the Euro it will divide the country. By adjusting the election arguments to avoid the euro issue is will smooth its introduction into UK life. It will be followed shortly after by changing all road signs to kilometres.

 

The serious issue behind all this is the projected future employment of this country's citizens. Like the Global Warming fiasco its all designed to employ people.

 

There are at present millions of people employed on 'hot air' subjects.

 

Hope you liked that.

 

 

 

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