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Coverting Euros To Gbp

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Booldawg | 14:57 Wed 16th Jul 2014 | Site Suggestions
6 Answers
There's plenty of websites that do this for you but using the current exchange rate.

I'd like to covert euros to GBP using the exchange rate I got from the post office. Is there a) a site that will allow this or b) what would the formulae be so I can do it on calculator.
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Assuming the exchange rate you are talking about is the pounds to Euros exchange rate, then divide the Euros by the exchange rate. E.g. 124.98 euros at a 1.2 exchange rate gives £104.15 (i.e. 124.98/1.2)
15:07 Wed 16th Jul 2014
Sorry thats not what you want
There is a big difference in the rate you get when you buy Euros and the one you get when changing them back into pounds. You lose quite a bit.
It's around 1.23 when you buy euros but it will cost you around 1.43 euros to change them back into pounds.
Assuming the exchange rate you are talking about is the pounds to Euros exchange rate, then divide the Euros by the exchange rate.

E.g. 124.98 euros at a 1.2 exchange rate gives £104.15 (i.e. 124.98/1.2)
Question Author
thanks Ellipsis. I bought something on behalf of someone in Germany and just wanted to know what to charge them based on the rate I got (as I paid in euros)

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