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Original poster

Is the livre sterling stronger than the euros at the moment ?

5 replies

Childminderindistress · 26/05/2010 10:11

I'm sorry to ask as it shows I'm not very gooud at exchange rate !

OP posts:

MrsBadger · 26/05/2010 10:15

1 GBP = 1.17 euro
1 euro = 86p

Original poster

Childminderindistress · 26/05/2010 10:17

So that means it is in our favour then ??

Thank you !

OP posts:

MrsBadger · 26/05/2010 12:35

the £ is actually pretty weak compared to 2007/2008, but is better than it was in the crash of spring 2009

tellnoone · 26/05/2010 12:47

Can anyone predict when would be the best time to buy euros for summer holidays this year? is the trend getting more favourable or less, or is is impossible to tell?

TheBride · 28/05/2010 05:29

Childminder- not really, compared with history, but if you just mean, is £1 worth more than E1, then the answer is yes.

Tellnoone- Hard to say. The Euro is getting a beating because of the Greece/Spain/Portugal issues but Sterling has issues as well- especially whether the BofE will raise interest rates (which should strengthen sterling) or let inflation run riot (which would weaken it).

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