Mon 9th April 2012
Unfortunately, there’s no such thing as the best day of the week to buy euros.
This is because the exchange rate is changing all the time, meaning the rate available one day will be different the next.
How to maximise your euro exchange rate
Fortunately however, there’s nonetheless something you can do to maximise your euro exchange rate.
Plan in advance
The single best way you can improve your euro total is to plan in advance.
This means, if you know you need to buy euros, don’t wait until the last minute to do it.
This is because, if you do, you’ll be stuck with whatever rate's available, regardless of whether it’s good or bad.
Instead, call your foreign exchange dealer, as far in advance as you can.
First, this gives you an immediate idea of the exchange rate you can expect.
Second, you can then decide if you want to wait, in case the exchange rate improves.
This way you can very easily improve your euro total.
Keep up to date
We’ll let you know the best exchange rate becomes available.