sorry, mikeco, don't agrre; unless you're buying large amounts, it's not really worth the hassle. Spot rate on my BT yahoo page is 1.1357 now - the atm's are normally at the spot rate, not the "tourist"rate used by the banks ib the UK.MikeCo said:Using ATM's when you need the money is not the answer to getting a good rate, you may get the best rate that is around at that moment in time.
Some people buy when they believe that the rate is possibly the best that it will reach, we bought some last month at £1.11 ready for a holiday starting next week. As it happens the rate did go above that for a while but it has now dropped back down to around the same level.
Or do what I did! Online and collect at your local post office!grumpyman said:The Post Office offer you a better rate if you purchase £500 or more currency. I did look at on line with them but wanted to try and help the local post Office as they seem to be trying to shut them all,probably lost out on about 3 Euro not doing it on line.
That's for delivery between 2nd and 12th June.....and no-one knows what the rate will be by then so you could gain or lose.Today Crown Currency 1.11