The Euro

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logicbob
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Re: The Euro

Post by logicbob » Sat Sep 16, 2017 4:32 pm

shaz1967 wrote:Is the 1.1378 the interbank rate or the tourist rate at the banks & exchange shops?

interbank

PTBUXTON
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Re: The Euro

Post by PTBUXTON » Sat Sep 16, 2017 8:13 pm

1.14 at 8.15 pm

PTBUXTON
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Re: The Euro

Post by PTBUXTON » Sat Sep 16, 2017 8:14 pm

PTBUXTON wrote:1.14 at 8.11 pm

LICY
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Re: The Euro

Post by LICY » Sun Sep 17, 2017 7:55 am

PTBUXTON wrote:
LICY wrote:25 August we got 1.09, 14 September 1.12.
1.1275
I don't bother with the digits after 2 decimal places. It's what ever the actual rate was at that minute. If only we had a crystal ball.

alf1956
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Re: The Euro

Post by alf1956 » Wed Sep 20, 2017 4:25 pm

Looks like good old Boris has scuppered the Pounds resurgence against the Euro by openeing his big mouth !

Farol
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Re: The Euro

Post by Farol » Wed Sep 20, 2017 10:40 pm

"Heads you win - tails I lose" is how I see the relative changes in the £ v € exchange rate. When the pound weakens then the value of my money invested in my Portuguese property goes up but it cost me more to visit and enjoy it. When the pound strengthens then I can enjoy my visits more but the property is worth less (if I wanted to repatriate my investment).

Over the years that I have owned it I've made more on paper than I've lost on visits.

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