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Tenerife Lifeline

Exchange rates
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Dianne
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Post Post subject: Reply with quote

Thanks Funky,
I'll exchange a small amount here, I will have taxis from the airport and exchange the rest when Im over there.
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im back in Tenerife soon........ yepeeeeeeeee Smile
Tue Apr 01, 2008 7:07 am
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Dianne
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funky wrote:
Dianne wrote:
I over next week should I exchange cash when Im over rather than before I fly out from the UK ??


The rates are definitely better in Tenerife Dianne. So unless you need any for taxis before you reach the resort or for the first night etc, I would wait until you get here. I think you said you arrive on the 8th? which is a Tuesday, so everywhere should be open that exchanges money.

Or failing that, give me a call and I'll exchange it for you at my 'desperate tourist' rate Laughing


Funky, Should I bring english cash or will I be ok using my debit card when exchanging over there, usually I bring euros from the UK but yesterday the rate was 123 per £ so I cashed enough to do me till I get there,I was going to use my debit card, im now thinking Id be better with english cash........ any advice appreciated.
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Sun Apr 06, 2008 1:17 pm
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xLisax
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I'd use cash but thats because i havent used card before to get Euros in Tenerife!
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Sun Apr 06, 2008 3:14 pm
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funky
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Post Post subject: Reply with quote

Dianne wrote:
funky wrote:
Dianne wrote:
I over next week should I exchange cash when Im over rather than before I fly out from the UK ??


The rates are definitely better in Tenerife Dianne. So unless you need any for taxis before you reach the resort or for the first night etc, I would wait until you get here. I think you said you arrive on the 8th? which is a Tuesday, so everywhere should be open that exchanges money.

Or failing that, give me a call and I'll exchange it for you at my 'desperate tourist' rate Laughing


Funky, Should I bring english cash or will I be ok using my debit card when exchanging over there, usually I bring euros from the UK but yesterday the rate was 123 per £ so I cashed enough to do me till I get there,I was going to use my debit card, im now thinking Id be better with english cash........ any advice appreciated.


You definitely need to bring cash. If you use your card, you get charged commission on withdrawing cash abroad (unless you are with Nationwide etc) which kind of defeats the purpose of getting the best exchange rate.
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Tue Apr 08, 2008 9:50 am
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Dianne
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hello,

im hear, Smile i exchanged a small amount before I left the uk, got 123 to the pound, over here i only getting 121 to the pound, Sad ( typing on a spanish keyboard and cant find the sign for pound ) !!!! lol
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Thu Apr 10, 2008 11:39 am
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margaretbl
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Ouch
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Thu Apr 10, 2008 1:33 pm
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Dianne
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went and exchanged some more cash today, the rate has gone down to 120 to the pound...........

lol bed when im back next week it rises again to about 130 or 140.....lol
it would be just my luck !!!!! Smile
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Sun Apr 13, 2008 2:51 pm
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brooksy
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well just got back after a week in the sun,honestly cant see many people coming over to tenerife with the pound in such a state,2 make matters worse all the bars prices ave gone up,beer and food etc,i changed cash up and got 1.23 euro,when i ran out i changed some at a santander cash machine and got 1.08,how bad is that,speaking to a person who works in the bereau de change,she said it will drop as low as 1.10 by the end of the year.i read in the local paper even the looky looky men are going back,things must be getting bad Confused
Fri Apr 18, 2008 2:24 pm
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strippersrus
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I havent seen much change in the prices in bars and restaurants in the last 3 years of living here...

In the supermarkets yes there has been a rise.

it doesnt really effect us living over here with th excgahe rate as we work here, earn in euros and spend in euros. If we return to the UK for holidays then it is actually better for us as we are getting more sterling to our euros.

The euro has been going down for ages....eventually I think it will be 1 pound for 1 euro....not good
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Fri Apr 18, 2008 3:16 pm
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Dianne
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Hi strips,
I have to agree with you, I am also jsut back this week and didnt notice any price changes in the bars, I get the locals rates for drinks anyway where I go as Im there so often and know most of the staff, but in the resturants the menus were the same ones with the same prices as last year...... so no price rises here that I noticed anyway.
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Fri Apr 18, 2008 3:46 pm
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brooksy
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how can u not notice any price change in the bars,last year 3 pints was 7 euro,this year its 9
Sat Apr 19, 2008 6:29 pm
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Dianne
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Not where I was, the prices were the same, unless it the tourist rates that
have gone up.... then again I dont get charged tourist rates !!!!!
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Sat Apr 19, 2008 6:41 pm
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rob
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brooksy wrote:
how can u not notice any price change in the bars,last year 3 pints was 7 euro,this year its 9




In which bars? Generally prices are the same....special offers of a 'pint' for 1 or 1.50 euros at slow times of the day and afterwards it usually depends on whether there's entertainment.


Can we in all fairness expect that prices never go up? Staff do want salary increases, all sorts of other costs rise as well. Most holiday makers expect a yearly salary increase so why not give the same to those that serve them?
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Sat Apr 19, 2008 7:31 pm
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brooksy wrote:
well just got back after a week in the sun,honestly cant see many people coming over to tenerife with the pound in such a state,2 make matters worse all the bars prices ave gone up,beer and food etc,i changed cash up and got 1.23 euro,when i ran out i changed some at a santander cash machine and got 1.08,how bad is that,speaking to a person who works in the bereau de change,she said it will drop as low as 1.10 by the end of the year.i read in the local paper even the looky looky men are going back,things must be getting bad Confused


I can remember a time when it was feared that the pound would equal a dollar and all the doom and gloom at the time. Now the pound is worth almost two dollars. Just because the pound is weakening at the moment it doesn't mean that people will stop holidaying and spending. I've just spent 3 days in the freezing cold UK I paid £22 for PARKING for 3 hours in London!!! You think Tenerife is expensive? 3 Euros for a pint? How much in UK?
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Sat Apr 19, 2008 7:40 pm
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Dianne
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GLasgow city centre price of a pint around £3 price of a double morgans, vodka etc with draft mixer £3 AND thats in the cheaper places, weatherspoons etc I wouldnt like to think how much in the trendier clubs, and bars are if thats what your into. im out again in Glasgow next week I'll try to take note of the prices, I dont usually notice too much just hand over the cash................ all in all a night out, you probably wouldnt get much change over here from about £60 and that NOT including food.....

but then again they do say that us in Scotland drink more than the southerners so who knows how much in London......

£22 for 3 hrs parking..... bloody hell, I usually pay £1 for 2 hrs and I think thats expensive.......lol
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Sat Apr 19, 2008 8:53 pm
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