How do I get the best rate of exchange or suggestion on transaction timing?
Sometimes you do not have any time to wait for an exchange rate movement in your favour, as deposits etc need to be paid on time so the only way to save money is to get a favourable rate of exchange. There are a number of rates of exchange that are available, from tourist rates up to a commercial rate, depending on where you buy the currency. Reputable currency providers will regularly provide a more favourable rate than a bank and are certainly worth making a comparison. Transaction timing is a question of suggestion, as no one knows ‘exactly’ what the rate of exchange will do, so if you do not know – ask!
