Lanzarote exchange rate - ask your questions here

[✈ Elle ☀]

He he he he.

[rivington]

We are coming over next tuesday does anyone know what the exchange rate they are offering on strip

[✈ Elle ☀]

Sorry Rivington - I don't know it today... but hopefully someone will pop in and help. xx

[tracylanz]

i got 1.11 in my bank today, Banca March

[seamermate]

Best deal is still Nationwide Flex fro >:(m cash machine...Scarboro high street offering 1.18 today which is pants

[desdamona]

Nationwide are introducing charges on their Flex. a/c w.e.f. 1st Nov.
They will be charging every time you use an ATM abroad.
What a pity.

[Tshaddy]

Good morning everyone.

What is the exchange rate in Lanzarote, We have aready changed £1000 over here getting arount 1.18 euro to the pound. But my friends who are joining us for our second week of our hols in sept can't decide wether to change before they go or wait till they are there.

Oh and anyone who is going  soon DO NOT go to Nat west. they are running at approx 1.13 euros to the pound. RIP OFF!!!!

[dixie d]

looking on another site our resident accountant forecast that it would be 1-32 by christmas,ill change then for nxt yr

but tracy you need it now and there forecast said 1-24 for the summer hols which aint a long way off that mark now.

[Tshaddy]

Thank you Dixie d.

[Josie]

I got 1.18 from NatWest last week when I transferred a chunk of money to our account in PB.

[John B]

I found the best UK rate for a few hundred was in the UK Post Office - as long as you gave them cash, not a bank card.  As a rule of thumb, in the better places like Sara here, they usually advertise about 2 cents below the interbank rate, but actually give you 3 cents, so today when the BBC web site says (one second whilst I check 1.222, I'd expect to get 1.19.  The rates are so volatile to within a few cents, that it is a gamble whether you buy in UK or wait until you arrive, the better rate here may be cancelled by a decrease in interbank rate, or vice versa.   Personally, I never wanted to carry that much, so I used to use my Natwest hole in the wall card to get cash, and a Post Office credit card for Hiperdino and restaurants I trusted.  Over 10 days, that probably cost me about £10 or £20 more than bringing cash, but I didn't run the risk of losing hundreds to a thief. 

[✈ Elle ☀]

I got 1.18 from NatWest last week when I transferred a chunk of money to our account in PB.

Had you used my man to do it you'd have got 1.21!

[Josie]

Mr J still has his details Elle - just haven't got round to using them - we could have bought a few drinks with the extra euros!

[buckit]

I'm not sure what to do. I come over in September, ive been on the post office website for cash and at the mo its saying 1.1831, but ive also got a visa card which I get charged 2% for the transaction (no withdrawel fee). Should I bring all cash or try the luck with the ATMs for better rates? Has any1 got some advice

[✈ Elle ☀]

1.1831 is a half decent rate and only 1 centimo difference to here at the moment. I wouldn't recommend carrying large sums of cash anywhere though (just as you wouldn't at home). Make sure youir accommodation has a safe. xx