$$$ pre or post Brexit?

[LadyFromage]

Ive changed up £1300 so far, so about 1/3 of what were taking

I want to just do it all now, DH wants to wait.

Nail biting times!

[LadyFromage]

second post to add that, thats all on my revolut card. I dont have any cash

[dx4100]

Originally Posted by LadyFromage

Ive changed up £1300 so far, so about 1/3 of what were taking

I want to just do it all now, DH wants to wait.

Nail biting times!

See more...

Can you afford it if the currency drops ? If so might be worth taking the risk otherwise you should convert...

[Johnsonsontour]

Worth a read for anyone still in 2 minds

Martin: 'Should you buy euros, dollars etc now - or wait until after Brexit?'

Many heading away at Easter or beyond are fretting over currency - so here's the boss with his thoughts...

In theory, in just 30 days - on Fri 29 Mar - the UK will leave the EU... though of course what'll actually happen is more up in the air than the International Space Station. A couple of weeks ago I published my Seven urgent post-Brexit travel need-to-knows, but I continue to be swamped with currency questions, so let me briefly give you my thoughts here...

You need to accept that no one knows what will happen. Sorry to disappoint. Anyone who tells you they can predict the currency future is a liar. Rates fluctuate by the minute, and the only certainty right now is the uncertainty - and that means high volatility. In fact, we currently have two-step uncertainty: 1) Will Brexit happen, in what shape, and when?, and 2) Even if we knew exactly what'll happen, what will its impact be on our economy?

Yet if I had to use a crystal ball, previously the currency markets haven't liked Brexit, so the bigger and more rapid the separation from the EU, the more we're likely to see the pound weaken substantially - at least in the short term.

Personally, I just ensure I get the best rate on the day I spend. I don't try to second-guess the markets. When paying in foreign currency I simply use a specialist overseas card. With most plastic, the provider gets the near-perfect wholesale exchange rate but then adds a 3%-ish 'non-sterling exchange rate fee' to what it charges. Specialist overseas cards don't add the fee - so we get the same top bureau-beating rate the banks do.

The top picks are Starling's debit card, or Barclaycard's travel credit card (repaid IN FULL each month) which also gives cashback. Full help in Top Overseas Cards.

Worried about currency swings? Here's how to hedge against them. Two tips to hedge your bets...

- Buy half now, the rest when you spend. Get the first half at today's best rates in cash via our TravelMoneyMax comparison tool or by loading up a top prepaid travel card (so you get the rate on the day you load, not the day you spend). Then you can use a top overseas card to spend the other half while you're away. But if you're worried about what'll happen, ask yourself: "Would I accept today's rate?" If so, and your real fear is rates worsening so your holiday becomes unaffordable, play safe and buy more now (but don't look back with hindsight later in case that ruins your holiday).

- Trick to lock in a rate now & protect against currency swings. A few bureaux de change let you order for collection at today's rate and, usually for a fee, cancel or sell it back within 3-45 days depending on the firm - useful if you're going away just after Brexit. If the pound weakens, the rate's locked in. If it improves, just cancel the order and buy at the better rate. See currency buy-back trick.

[Vanillapod]

I’ve changed some. OH keeps telling me to hold off but as the rate went up a bit yesterday I did order some.
I’d like to not buy any under 1.3. (I got 1.26 last year)
Just a personal challenge!

[traceyt]

As im on the dining plan not so affected - if the rate is poor then it just means less shopping. I do appreciate the impact it could have on those needing to cover meal costs though, think i'd get half now just in case.

[Segdude]

I've just seen it hit 1.33 and Tesco offering 1 GBP = 1.3025 USD online. I think I'll pull the trigger on maybe £500 and see what happens We have $1200 left over from last trip, so have a head start this year, which helps a little.

[ERICSMUM]

I suspect the possibility that the ‘end date’ could be extended has pleased the market hence the rise this morning. How long this will remain is anyone’s guess and depends on what happens next.

[Segdude]

Originally Posted by ERICSMUM

I suspect the possibility that the ‘end date’ could be extended has pleased the market hence the rise this morning. How long this will remain is anyone’s guess and depends on what happens next.

See more...

Yes, there's lots of people paid a lot of money to "predict" what's going to happen, and they can't all be right...

[Mr Tom Morrow]

The odd cent isn't going to make a huge difference to me but I have just bought $1000 from John Lewis at $1.3108.

My Son can pick them up for me in Waitrose next week so I put the order in his name.