How to buy Euros

If you live outside the EuroZone and you are planning a major purchase in Europe at some point you will need to buy Euros. The good news is you can save yourself a small fortune by researching and planning the euro currency purchase ahead of time.

This Euro Currency Exchange site is designed to help you with all your currency exchange questions in connection with buying euros.

Euro Buyers Currency Exchange FAQ

Frequently Asked Questions
We try to answer all your questions here...

Currency Exchange Glossary

A list of terms used in foreign exchange dealing

Watch out!Banks and foreign exchange dealers are used to explaining currency exchange in everyday terms to keep things straightforward, but here's some of the jargon just in case you like to know your subject in advance! more...

Euro Currency Exchange - Buying Euros



Euro Currency Buyers FAQ

Everything you might be afraid to ask about buying euros...

€€€ Frequently asked questions about currency exchange for buying Euros or other currencies. Where can I buy at the best exchange rates, what will it cost, how long will it take, can I get advice, how do I pay and more...
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Three options to buy your Euros

Call Moneycorp for currency exchange1. Call +44(0)1225 463752 to discuss your currency requirementsRequest a Moneycorp call-back2. Request a call-back. A currency adviser will call you back at a time to suit youApply for a Moneycorp currency account3. Apply for your currency account so that you are ready to trade. No fees!

Currency converter

Euro currency converter Need to find out the latest exchange rates for any currency? Convert pounds or dollars to euros or any other currency combination with our currency converter. Click the yellow box below to open up the converter!

Euro review - August 2008

Pound dodges the bullets.

Remember the expression the teacher used at school? "Revision of recent work"? There is a lot of that going on with Sterling against the Euro. Having spent May busy doing nothing the Pound repeated the exercise in June. more...

Dollar Sellers - Euro Buyers Monthly Review August 2008

Has the Dollar turned the corner? Goldman Sachs seems to think it has. After telling customers for ten years to sell it Goldman said in a recent research note that "it is time to say goodbye to our long-held Dollar bearish stance." There are many out there who would disagree. more...

Currency dealers - ten good reasons to use one

The benefits of a lawyer are obvious. But why use a currency dealer? FrenchEntrée.com puts the questions to currency dealer Moneycorp on your behalf.

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Euro currency exchange on French property

How to avoid currency fluctuations

Most people buying a French holiday home or a permanent residence in France would prefer to live without the sleepless nights associated with fluctuating currency exchange. It’s no fun agreeing ... more...

Euro Currency Update

Free Newsletter!

FrenchEntrée Currency NewsletterFrenchEntrée offers a free newsletter to keep you updated on the latest Euro and Foreign currency exchange news and prices. more...
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Latest Euro Currency Update:

Euro Currency Update -19th August 2008 - Sterling can do nothing right

From its opening level at EUR 1.28 the Pound flared briefly before slumping to EUR 1.25. A two cent recovery ran out of steam early this Monday morning and by the time London opened it was back down to EUR 1.2650.

It was not a good week for the Pound. It started badly and got worse. As usual, the market did not find it hard to identify weaknesses in the UK economy. Picking out the good bits was more difficult. The Producer Price Index showed a slight narrowing of the gap between manufacturers' costs and the prices charged at the factory gate but the positive effects did not extend beyond the manufacturers themselves. Britain's trade deficit deteriorated. The British Retail Consortium reported high street sales falling by 1 per cent in the year to July and the Royal Institution of Chartered Surveyors said house sales were down by an unhealthy 40 per cent from a year ago. Rightmove reported that the average asking price for houses was down by 5 per cent from a year ago; forced sellers are becoming more aggressive with their pricing.

The corn-curer was Wednesday's quarterly Inflation Report from the Bank of England. It set out a dismal picture of rising inflation and unemployment together with falling activity and house prices. Presenting the report, governor Mervyn King spoke of "the biggest financial dislocation since the Second World War" and "a feeling of chill in the economic air." Stopping just short of actually mentioning the R-word Mr King said there was "bound to be... a quarter or two of negative growth." The market instantly spotted his error of omission and the Pound lost a cent before you could say "recession."

Any pretensions to its immunity from the global slowdown have been forgotten by the Euro. The European Central Bank may, even now, be regretting its decision to raise interest rates last month. According to The Guardian the Euro zone is "on the brink of recession". The Independent and The Times say it "teeters" there. Teetering or not, Euroland is three months closer to recession than Britain. The first stab at second quarter GDP growth in Britain had the economy expanding by an annual 0.2 per cent. Last week's equivalent estimate for the Euro zone saw a 0.2 per cent shrinkage. According to the usual definition, a recession is two or more successive quarters of negative growth. Assuming the final numbers for Q2 are close to their estimated levels, the Euro zone is halfway there already.

Regrettably, the main damage done to Sterling last week came not from the weakness of UK economic data nor from any insecurity posed by Russia's confrontation with Georgia; it came from yet another demoralising Bank of England report. That the Euro zone economy slowed in Q2 and Britain's didn't is beside the point. The big guns in Threadneedle Street are sufficiently nervous about the UK economic outlook to point the finger. A recovery for Sterling against the Euro is not close enough - or obvious enough - to prompt any change of the advice offered in recent months. Buyers of the Euro should hedge, fixing a rate for half their requirement and protecting the balance with a stop order at their threshold of pain.

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