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.

Want to obtain a euro currency exchange quote? Need more currency advice? Fill in this simple online Enquiry Form to have our currency exchange partner contact you by return.

Euro Buyers Currency Exchange FAQ

We try to answer all your questions here...

Currency Exchange Glossary

A list of terms used in foreign exchange dealing

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...

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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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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 - May 2008

Have we seen the low for Sterling/Euro?

Have you ever noticed how economists use questions to hint at something without committing themselves? And how they go out of their way to avoid any firm projection for an exchange rate's direction or to any specific target? Every analysis is decked out with as many ifs and buts as can reasonably be fitted into the sentence. more...

Dollar Sellers - Euro Buyers Monthly Review April 2008

It would be an understatement to say the Euro had done well over the last six years, just as it would be pulling one's punch to say the Dollar had underperformed. 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 offers a free newsletter to keep you updated on the latest Euro and Foreign currency exchange news and prices. more...

French Entree Directory Listing

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Free Euro Currency Update Newsletter

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Latest Euro Currency Update:

Euro Currency Update - May 14th 2008 - EU Rates on Hold

Last week’s central banks meeting results drew an unsurprising double “no change” result with both the ECB and MPC keeping rates at 4 and 5 percent. ECB president Jean Claude Trichet stuck to his recent inflation-anxious rhetoric despite mounting concerns of trouble afoot in the south with Spain in particular suffering from the pain of the one size fits all ECB policy (more of which later).

The ECB will be feeling the pressure to cut rates with a mixed picture on growth beginning to muddy the waters. At this stage in the cycle the decision making process for the committee members will be far from easy. Whilst German continues to enjoy strong industrial output (up 4.7% year on year in March) and export growth of €252.7 bn for the first quarter, the picture in Spain demonstrates limitations in the scope of the ECB’s use of monetary policy to stimulate growth throughout the Euro region.

The figures for Spain show a very different picture to that in Germany. Whilst the German economy expanded by 2.5% in 2007, figures from the bank of Spain show just a quarterly increase of 0.3% in the first quarter of this year. Pointing to a year on year rate of growth of around 1.5% down considerably from last year’s figures. The roots of this change in fortune lie in Spain’s rapidly contracting housing market. Inventories of unsold new units remain worryingly high despite price revisions. Spain’s economy has an unusually high correlation to its housing market with housing related activity accounting for almost 20% of output. As a result a housing slowdown has sent tremors through the labour market and large cracks have appeared in the Spanish retail sales and GDP data.

Hot on the heels of Spain is Ireland with its similarly frothy housing market seeing price markdowns. Greece, Finland and even France have shown strong increases in asset prices in the last few years with increasing levels of personal debt which point to mounting risks that we will see a downward move in growth in those countries too. Despite these risks Germany appears to be leading the Euro area forward with productivity gains and personal consumption growth all likely to push German and in turn European GDP higher.

First quarter estimates for the Euro zone GDP are out this week and are expected to be higher than those of Q4 2007 at 0.5% vs 0.4%. Although the strength of the Euro will continue to place obvious strains on export growth. All of which shows the importance of Germany’s role in driving the Euro area forward.

So what to do?

The Euro is still winning the war against both Pound and Dollar with interest rate cuts from both London and Washington and no sign of a dove majority in Brussels yet. Having risen to over $1.60 against the Greenback and almost 81p against Sterling the Euro should still stay strong. Recovery from the States could force the Euro dollar rate back down, but with a weak housing market in the UK and an absence of credit crunch related horror stories from Europe (for now) a strong Euro against the pound is likely to remain.

To open a Moneycorp currency trading account please visit the currency Enquiry Form.

Foreign Currency Daily Update

If you really want to keep tabs on foreign currency trends why not check out the daily bulletin from Moneycorp which looks at UKP vs Dollars vs Euros?
Daily currency brief

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