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PostPosted: Mon Sep 15, 2008 11:32 pm 
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Have you exchanged your money lately??

Can we have an up to date exchange rate here please?

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PostPosted: Tue Sep 16, 2008 8:00 am 
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The exchange rate on the London forex market at 7:57am Cyprus time was Bid 1.2599 Offer 1.2607 - the banks in Cyprus set their day rate on the closing prices of the previous days, which yesterday was around the 1.26 mark (for example the rate for buying sterling currency notes from Alpha Bank today is 1.224, for electronic transfers where you have a sterling account with them you would get 1.2489) - expect the shops offering foreign exchange services (illegally) to offer somewhat less than the bank rate but without commission, typically about 4 cents+ down

chris

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PostPosted: Tue Sep 16, 2008 8:26 am 
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This is a very good site:
http://www.xe.com/
Considerably more user friendly than some others.
Automatically updated every minute when the markest are open.


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PostPosted: Tue Sep 16, 2008 9:56 am 
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Thanks Chris and Brian

It was also be helpful to hear from anyone exchanging money at the kiosks.

We usually change ours at Esme kiosk at Kato Pafos.

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PostPosted: Tue Sep 16, 2008 10:00 am 
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Is that the one in the shopping mall,
near the bus stop .. ?
I have changed money there before
you always get a good rate

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PostPosted: Tue Sep 16, 2008 10:14 am 
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Its near Cy Dive Neil - there are a few kiosks there, but Esme is the one we use.

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PostPosted: Wed Sep 17, 2008 8:47 am 
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Anyone changed any money lately at the kiosks??

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PostPosted: Wed Sep 17, 2008 10:05 am 
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Haven't checked the kiosks lately, but today's rate on xe.com is a shade over 1.25


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PostPosted: Thu Sep 18, 2008 9:32 am 
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Exchange rate just hit 1.2702 :celebrate

chris

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PostPosted: Mon Sep 22, 2008 1:27 pm 
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1.25 today at the kiosk down the harbour....... :lol:

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PostPosted: Sat Oct 04, 2008 6:57 pm 
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1.25 again today at the kiosk down the harbour....... :lol:

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PostPosted: Sat Oct 04, 2008 7:30 pm 
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The current rate (at 1929hrs Cyprus time) on the London Foreign Exchange Market is 1.2859 .............. :celeb2

chris

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PostPosted: Sat Oct 04, 2008 7:44 pm 
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That sounds good Chris, but it aint what I get when I exchange my sterling... :cry:

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PostPosted: Sat Oct 04, 2008 8:50 pm 
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Yesterday the rate on the london forex market was 1.2765 - I changed my pension which was paid into Alpha Bank yesterday and got 1.2745. :celebrate

chris

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PostPosted: Sat Oct 04, 2008 11:46 pm 
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Sorry Chris, what do you mean you changed it. Does your pension get paid into your sterling account then and you transfer it into your Cypriot account?

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PostPosted: Sun Oct 05, 2008 8:25 am 
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Exactly that - my pension is paid in sterling into a sterling account with Alpha - I can then exchange and transfer the money into my Alpha100 account via the Alpha online banking service at my leisure. :D

Chris

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PostPosted: Sun Oct 05, 2008 9:41 am 
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Understood, but we change most of our sterling at the kiosk, so we always look for the best rate there.

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PostPosted: Sun Oct 05, 2008 10:27 am 
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Whatever works best for you Molly :mrgreen:

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PostPosted: Mon Oct 06, 2008 9:46 am 
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:shock: 1.2933 this monday morning!!

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