Author Topic: Best online currency exchange  (Read 4112 times)

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Offline Colwyn

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Re: Best online currency exchange
« Reply #10 on: January 26, 2017, 16:45:17 PM »
helping me work out if I am now worse off, or better off because of the currency rate changes ......... so here goes......

What's the average bar price for an Efes now ??? ???
Are you holding your savings in form of Efes because you don't trust currency volatility?



Offline Phil

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Re: Best online currency exchange
« Reply #11 on: January 26, 2017, 17:00:50 PM »
                                             
To demonstrate my point and to prove my sadness I am publishing my handy Efes / Exchange rate table :

                                   EXCHANGE RATE                  
           3.5      3.75        4       4.25     4.5      4.75       5
   10   £2.86   £2.67   £2.50   £2.35   £2.22   £2.11   £2.00
   11   £3.14   £2.93   £2.75   £2.59   £2.44   £2.32   £2.20
   12   £3.43   £3.20   £3.00   £2.82   £2.67   £2.53   £2.40
   13   £3.71   £3.47   £3.25   £3.06   £2.89   £2.74   £2.60
   14   £4.00   £3.73   £3.50   £3.29   £3.11   £2.95   £2.80
   15   £4.29   £4.00   £3.75   £3.53   £3.33   £3.16   £3.00
   16   £4.57   £4.27   £4.00   £3.76   £3.56   £3.37   £3.20
   17   £4.86   £4.53   £4.25   £4.00   £3.78   £3.58   £3.40
   18   £5.14   £4.80   £4.50   £4.24   £4.00   £3.79   £3.60
   19   £5.43   £5.07   £4.75   £4.47   £4.22   £4.00   £3.80
   20   £5.71   £5.33   £5.00   £4.71   £4.44   £4.21   £4.00

The price of Efes is down the side and the exchange rate is across the top.

So if the exchange rate is 3.75 and the price of Efes is 12 then my beer costs me £3.20.
If the exchange rate is 5 and a beer is 16 then it still costs me £3.20.

But with an exchange rate of 4.75 and a beer price of 18 it will be £3.79

Not rocket science - but like I say, it sort of crystallises whether you are better off or not

E & O E

Offline Phil

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Re: Best online currency exchange
« Reply #12 on: January 26, 2017, 17:02:13 PM »
Now there's a thought Colwyn - perhaps I should panic buy beer !

Offline JohnF

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Re: Best online currency exchange
« Reply #13 on: January 26, 2017, 17:11:26 PM »
You can't use the term Efes and beer in the same context.  It would be an oxymoron (there you go Alan, I've fed you a good line...)

JF

Offline KKOB

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Re: Best online currency exchange
« Reply #14 on: January 26, 2017, 17:50:09 PM »
He's a bit tied-up at the moment. Posted by Mrs KKOB.





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