One euro (€) can be subdivided into 100 cents (c). Spain and Greece are responsible for printing €5 and €10 banknotes, Germany prints €100 notes, and the other EU member states are responsible for printing €20 and €50 notes. Just remember to buy or reserve your euros first before you collect them from the store so you benefit from the supplier's better online rate.Įuros are governed and issued by the European Central Bank which is based in Frankfurt, but the actual production of euro banknotes and coins is handled by various national banks throughout the Eurozone. Online travel money suppliers usually have better euro rates than high street exchanges, but supermarkets are a good compromise if you want to collect your currency in person and still get a decent rate. If you need your euros sooner and don't have time to wait for the rates to improve, you can still save money by comparing rates from a range of different providers before you buy. You could also consider signing up to our newsletter and we'll email the latest rates to you each month. This can be a good way of maximising your holiday money if the exchange rate continues to rise after you've bought, but will also help to minimise your losses if the rate drops. Some people prefer to buy half of their euros as soon as they've booked their holiday, and the remaining half just before they depart. For example, if the euro rate has been steadily increasing over several weeks or months, it could be a good time to buy while the rate is high. If you have a fixed travel date, you should start to monitor the euro rates as soon as possible in the period leading up to your departure so that you've got time to buy when the rate is looking favourable. Timing is key if you want to maximise your euros, but the best time to buy will depend on the current market conditions and your personal travel plans. We found 17 travel money suppliers offering £750 worth of euros for delivery and accepting payment by debit card
0 Comments
Leave a Reply. |