What's the current exchange rate in Tenerife?

[lesbroz]

What is the going rate in Tenerife at the moment?

[imablue]

Today at Torviscas Travel 1.13 not very good ....

[tub]

here in lanzarote today 1-15

[AndyG]

Stansted airport Moneycorp exchange rate: 0.9915!!!! Buying back at 1.369 A quiet day ahead for Moneycorp employees I expect!

[macdonald5]

Post office counters in Scotland €1.04 not good

[tfs1]

local rates in Los Cris around 1.09, the place near Lewinskis in Los Cristianos was showing a very poor 1.05 today. Went in to Admiral travel and forgot to see their rate !

[eltel]

Tenerife Sunshine £1.10

[Carol55]

CaxtonFX are presently (10:10) offering €1.1693 to the £ when you load their Euro Debit Card.

This is approximately what you would (or should) also get in the Tenerife Tourist Exchange shops.


The euro fell overnight Sunday as Italy voted “no” on constitutional reforms and Matteo Renzi resigned as Prime Minister. The increase in uncertainty also calls into question the potential implications for the Italian banking sector. GBP/EUR rose approximately 0.9% to break above 1.2000 to its highest levels since July.


Today's Market Highlights

Markets will continue to digest Italy’s referendum results and look towards European elections next year, which remain a downside risk to the euro’s strength.

[Ecky Thump]

.
CaxtonFX are currently offering 1.1615 to the £ when you load their Euro Debit Card,

which is approximately the rate of exchange that you should expect to receive in the money exchange shops in Tenerife.



Yesterday's Market Highlights

The ECB voted yesterday to maintain the current rate of monthly asset purchases at €80B through to until March and to expand the timeline of monthly net purchases at a reduced rate of €60B from April until at least December 2017.
While markets initially interpreted the move as the start of tapering, Draghi reiterated that tapering has not been discussed and said that the ECB would maintain a “sustained presence” in the market. The ECB kept the main refinancing rate at 0.0% and the deposit rate at -0.4%, as expected.

The euro initially strengthened on the announcement but weakened during the press conference. GBP/EUR recovered from a drop below 1.1700 to around 1.1850

[Ecky Thump]

.

CaxtonFX are currently (12:25) offering €1.1654 to the £ when you load their Euro Debit Card,


which is approximately the rate of exchange that you should expect to receive in the money exchange shops in Tenerife.


Friday's Market Highlights

Sterling received support Friday morning as the UK’s goods trade deficit narrowed from £13.8B in September to £9.7B in October. GBP/USD picked up 0.5% in the morning but reversed those gains in the afternoon session, falling back towards 1.2550 from over 1.2600.

The euro remained under pressure on Friday following a dovish ECB decision Thursday despite speculation over the possible start of tapering. GBP/EUR rose over a cent towards 1.1950. EUR/USD fell a cent towards 1.0530.