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starlite
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PostSubject: which is best   Mon Aug 13, 2012 5:06 pm

I am going to spain, so i will need euros. is it best to change levs to euros or pounds to euros.
i have had a look at converters and there seems to be very little difference ( not sure if i understand it right).
so can someone who is clever at maths tell me which is best. T
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Chris
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PostSubject: Re: which is best   Mon Aug 13, 2012 5:11 pm

It depends on the euro / pound exchange rate at the time you get your cash.

The leva is 'pegged' against the euro, so that will always remain static (the rate you can get now, should be the same in a few weeks). However, the pound isn't pegged against the euro, so the exchange rate will fluctuate if one currency gets stronger or weaker.

My advice would be to leave it as long as you can before your trip and then see which is giving the best rate at the time.
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starlite
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PostSubject: Re: which is best   Mon Aug 13, 2012 5:19 pm

ok. todays exchange is pound to euro is 1.27, there does not seem to be much difference between the two. so if it goes below 1.27 then i should change lev into euros. have i got that right. :Angel2:useless at maths.
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tonyb60
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PostSubject: Re: which is best   Mon Aug 13, 2012 7:11 pm

Working out in tens is best.

Therefore:- 10 Pounds = 12.71 Euros
10 Pounds = 24.727 Leva
24.727 Leva = 12.641 Euros

So as you say at the moment very little between exchange rate between for Pound or Leva to Euro.

Try using this link [You must be registered and logged in to see this link.]

Hope that helps.

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