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Exchange Rates

  • 25-03-2010 12:26am
    #1
    duckygalway
    Closed Accounts Posts: 173 ✭✭


    From reading posts here I think I'm gonna go with PayPay but not 100% sure how it works yet!!! Anyway, when would the best time for rates be? Does anyone see it changing relatively much over next couple weeks? Have opened account in Australia and want to transfer it soon!


Comments

  • #2
    hussey
    Registered Users, Registered Users 2 Posts: 6,240 ✭✭✭hussey


    duckygalway wrote: »
    From reading posts here I think I'm gonna go with PayPay but not 100% sure how it works yet!!! Anyway, when would the best time for rates be? Does anyone see it changing relatively much over next couple weeks? Have opened account in Australia and want to transfer it soon!

    It is a pretty bad rate for euro -> Oz at the moment, despite what anyone claims, we do not know how this will go, if we did we would all be rich.

    Personally I think it will hover over the same rate for the next few months and Euro will gain slightly. But that is a pure guess


  • #3
    Zambia
    Closed Accounts Posts: 7,333 ✭✭✭Zambia


    How long can you hold off?


  • #4
    duckygalway
    Closed Accounts Posts: 173 ✭✭duckygalway


    Flying out 20th April which is a Tuesday so I figure the Wednesday previous to allow them put it through?!


  • #5
    Zambia
    Closed Accounts Posts: 7,333 ✭✭✭Zambia


    duckygalway wrote: »
    Flying out 20th April which is a Tuesday so I figure the Wednesday previous to allow them put it through?!

    yeah I cant see any change in the next few weeks. Unless you keep a fund in euro you may as well go for it now


  • #6
    jack in the box
    Registered Users, Registered Users 2 Posts: 146 ✭✭jack in the box


    Is paypal the best way to transfer funds?


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  • #7
    denismac
    Registered Users, Registered Users 2 Posts: 267 ✭✭denismac


    I'm going there in June and I have been watching the exchange rate closely for the past few months. It's pretty bad at the moment but this is a trend that has been ongoing for over a year. Just when you think it won't get any worse than it is it drops again. With the news this morning of the Euro under pressure from the Greek and Portuguese situations I think that it will probably drop further. I think I will have to bite the bullet myself and order my spending money now before it drops even further.
    Just my opinion.


  • #8
    duckygalway
    Closed Accounts Posts: 173 ✭✭duckygalway


    jack in the box wrote: »
    Is paypal the best way to transfer funds?

    I read somewhere they have very bad exchange rates?! I don't know enough about currencies to comment!


  • #9
    Zambia
    Closed Accounts Posts: 7,333 ✭✭✭Zambia


    It was on the BBc last night the Euro is rallying on the back of a decision on Greece.


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