Talk Quesada forum

I am flying over to Torrevieja next Saturday and checked to see what the exchange rate was like. It isn’t bad at all! I was wondering how all the posters who detest the Tory government and Boris feel now that their pound has strengthened and they have more money in their pockets. It will hopefully get better and better once our economy gets a chance to grow. It is wonderful for those of us whose pensions are paid in pounds but not so good if we decide to sell our properties in Spain. You win some, you lose some. Swings and roundabouts. For me, I love the fact that everything I pay for in Spain is technically discounted by 15% so when we go out for a meal, it becomes a lot less than the prices shown!

All of that said, the cost of a meal out is such good value at the best of times.

I hope you all had a wonderful Christmas and I wish you all a happy, healthy and prosperous New Year.

The pound has strengthened? It was 1.20 a little while back with the optimism when Boris took over. Has now dropped to what it was before Boris took over (1.17).
And please don't do what others do and equate exchange rates to "detest the Tory government and Boris" as it simply shows a trolling attitude to try and get a rise.
It's things like that that spoil the forum along with starting new threads on an old topic.

No insult intended at all. I was simply wondering that is all.

Isn’t bad? Ex pats and everyone that is dependent on the exchange rate are still losing more than 130 for every thousand exchanged (13%) that is on top of the thousands lost in the last 3 1/2 years due solely to the Brexit vote.

Mac3blade, I dont quite understand the comment that technically everything is 15% discounted, so 15% less than advertised?

I am with you that its good the pound is looking better, just not sure on the 15% discount against advertised bit.

The £ has not strengthened against the euro and when the markets realise Boris wants a no deal brexit it will fall further.

See? Told you so!

We bought in December 2015 at €1.34 to the pound. Friends of ours bought in 2002 at €1.64. So dramatic fluctuations do occur in exchange rates, outside of major disasters

Yes glassfull currency’s do fluctuate, but not as dramatically or to the extent of this current fall unless triggered by something as catastrophic for the country’s economy such as leaving the EU.

Oh dear Marcliff I'm staying out of it I didn't realize the can of worms it opened !!