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How so? If I go to the post office, bank or travel agent and I don't think it's worth €1.13, are you saying that I shouldn't exchange because I want €2.00?I don't understand your point. Sorry. . Money is only worth what people are prepared to pay for it which can be more than the official exchange rate. Foreign currency can be used to avoid restrictions on taking money out of a country or to hide wealth from the tax people.
Sound reasonable to me, a new motorhome purchased in Germany would require € the rate of these € to your home currency will dictate the actual price you pay in your home currency, so if the new van isn't worth it don't do the exchange.How so? If I go to the post office, bank or travel agent and I don't think it's worth €1.13, are you saying that I shouldn't exchange because I want €2.00?
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In the 60`s The Scandinavian Preferd currency was BOOZE. A 6/- bottle of Johnnie Walker would get you the Danish equivalent of 2quid! And in Norway closer to £2-10/-
I think we had near Parity with the Euro, when the one-eyed little Barsteward was B`Liars Chancellor. It was engineered to try and "bounce" the UK into the Euro.
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I got €1.04 back in 09 I believe. I remember about that time I got one visit where it was so close to parity I didn't bother doing any maths.
The £/$ the lowest I can remember was $1.36 I seem to recall it was around the time of the .com bust but I can't remember for certain. I was an importer back then so remember $ prices fairly well.
I remember when Scottish £1 notes where only worth 19/6d Seems not so long ago. In fact I still have one somewhere.