Thinking about enjoying a luxury break in the sun by renting an Ibiza villa with Dynamic Lives? If so, you’ll be thrilled to learn that the pound to euro exchange rate recently hit its strongest since November 2007, at 1.4251. What this means is that, if you exchange £12,500 to rent an Ibiza villa with Dynamic Lives, you’ll now receive €2,800 more than if you’d done so a year ago! In other words, soaking up the Ibiza sun will now set you back a lot less.
So, with the pound so strong versus the euro, what can you do to ensure you get the best exchange rate? Well, here are three quick tips for you. Take heed of these, and not only will you enjoy a fantastic Dynamic Lives Ibiza villa; you’ll have financial peace of mind for your trip!
Research the exchange rate in advance.
If you know you’re going to rent an Ibiza villa, don’t leave exchange currencies to the last minute! This is because you’ll be forced to accept whatever pound to euro rate is available. Instead, to ensure you make the most of sterling’s 7-year record high, look into exchanging currencies as soon as possible. This gives you a bigger window to get the most euros before your trip!
Take advice from a foreign exchange specialist, if you need it.
Not sure how the foreign exchange rates work? Then instead of winging it, and potentially losing hundreds of euros, seek guidance from a currency expert. They’ll tell you, in plain English, how you can get the best exchange rate, and subsequently, the most euros. So you won’t have to worry about a thing!
Check that the company you use to transfer your money to Spain is directly authorised by the UK’s Financial Conduct Authority.
This means that the foreign exchange dealer will adhere to all UK legal and regulatory requirements, which means you can transfer your money safely. To find out if the company is FCA-authorised, just ask one of their currency dealers; they should be able to tell your their FCA registration number and details.
With all this in mind, you’ll be able to take advantage of the record-high pound to get the most euros, making this the ideal time to rent your 2015 Ibiza villa with Dynamic Lives!
By Peter Lavelle
Pure FX
http://www.purefx.co.uk
+44 (0) 1494 671800
peter.lavelle@purefx.co.uk