"Exchange rates!" Top 5 Page for this destination Nice Warnings Or Dangers Tip by NiceLife

Nice Warnings and Dangers: 96 reviews and 76 photos

  Disasterous exchange rate!
by NiceLife
 
 

For many months now the decline of the exchange value of the US dollar - to do with its relationship with the Japanese yen and other South East Asian curencies - has pushed up the value of the Euro for no earthly good reason. European economies are - lets face it - nothing to shout about, but the falling dollar is dragging currencies like British sterling down with it. This charts the decine in the purchasing power of my GB Pound against the Euro. Thanks guys. Sort yourselves out!

My prefered site to track the value of the Euro is X-rates which gives you a good three month daily picture. You won't get this actual rate of course - its the central bank rate for large commercial transactions, but knock a few percent off to get the high street tourist picture. Its customisable to whatever currency you want, and there is a friendly daily email service to tell you what the value is every day. Invaluable.

Tip: don't waste even more money changing at the airport. They offer the worst rates you are likely to find. You will do better taking money out of the French hole-in-the-wall machines through your debit card.

STOP PRESS!
15th June 2005
The French "No" vote against the European Constitution" has completely reversed currency trends. GBP Sterling just crossed 1,50 - amazing good news for Tourists!

Review Helpfulness: 4.5 out of 5 stars

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  • Updated Jun 15, 2005
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