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Wait for exchange rate to increase or put in credit union?

  • 03-12-2014 3:55pm
    #1
    AnimalMother
    Registered Users, Registered Users 2 Posts: 1 ✭


    Hi all,

    I'm not sure if anyone can answer this but for any budding economists out there I was just wondering about some money I have saved and how I can get the best out of it. Its not much (£4950 sterling). I have it in an english bank account earning no interest at the moment. With the current exchange rate I can get €6048 for it. I am just wondering if I would be better off waiting for the exchange rate to get better or if it would be better sitting in my Irish credit union account?
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