British Pound 'buying less than a Euro' now!

[Libaax-Sankataabte]

Pound 'buying less than a Euro'

BBC - UK holidaymakers are getting fewer euros for their pounds. The falling value of sterling means some people are getting less than a euro for every pound when changing money, The Observer suggests. After commission and handling fees were charged, customers at some airports got just 197.13 euros for £200 on Saturday.

 

BBC

[N.O.R.F]

About time too. The Pound has been too high for too long.

[Emperor]

LST waabad iga nixisayee, I had to check the Xe quickly, your title is not correct, it's not buying less than a euro but it can buy less euro than before. The Pound is still higher than Euro by a fration, today's exchange rate £1 = euros 1.11, that's bad almost equal, it may even go down as the financial crisis and recesion have only began.

[Paragon]

^Yup. It was 1.13 two days ago and the pound rose a cent that day. They say we should start worrying when 1 Euro equals to 98p. I hope we don't get to that. And may the £=$ exchange get back to it's old rate . It costs dearly currently... .

[Valenteenah.]

This just means there will less weekend getaways to Europe proper. The sterling is still good value against most currencies but the outlook does seem negative.

[Buuxo]

^Isn't UK part of the EU? Why haven't they taken the same currency?

[Baluug]

Here's how much the pound's worth against some other currencies:

 

1.85044 CAD

 

1.50913 USD

 

2.26045 AUD(Australian dollars)

 

5.54327 AED(UAE dirhams)

 

I'd say it's still doing pretty well, damn Brits and their high-valued money.....

 

PS Cabdiyo, England didn't take the euro because they knew the pound would still be worth more.

[N.O.R.F]

^This time last year it was AED 7.7! Will have more to spend next time I nip over there.

[Baluug]

^I think earlier it was about CAD$2 even, so it is getting lower, but still needs to go even lower innit?

[Resistance]

^ Xaasid.com

[Baluug]

^Some of us want to take a UK vacation without being broke when we get home, is that so bad?

[N.O.R.F]

^Usheeg. With GBP 10 for a sharwaama and a drink you're left skint.

[AfricaOwn]

We need the Canadian/US currency to be the highest in the world. I think its only right.

[Baluug]

BTW Norf, are you planning to go again next year? I'm thinking about going again.

[Resistance]

cadaan if u gonna come now, cause this cannot be sustained, we want the golden days of £1 = $2,