Gbp Cash Into Euro Bank ...google Exchange Gives More...why ?

[pumpjack]

i transfer £6000 into my irish bank yesterday,
before i traveled to eire and leave cash in i use google currency exchange, i type in gbp to euro which gave me yesterday approx euro 6660.....but by the time i went to bank in eire i gave over the cash and only got euro 6450
WHAT THE........ !!!!!

why was this ?

[TheChair]

Because it was revealed that the people who were supposed to be running the country were too having an internecine war. The value of the pound plummeted.

[ToraToraTora]

yep, as above it's moves all the time. There are also variations depending on the source of the xchange. Is the google currency exchange the same service as the "bank in Eire" ? eg quite often you can get a better rate just using a cashpoint.

[pumpjack]

but i ny done a google exchange rate search about 1 hour beforehand, markets could not be that volatile

[ToraToraTora]

an hour? PMSL! that's a life time in currency trading! There are millions of deals a second worldwide. The price can move by units of 1000ths of a cent/penny depending on the currency subdivision and relative comparison. Not usually so pronounced as your example but really mate they are never still.