Latest Euro Rate

Share experience regarding ownership of property and/or living in Portugal.
Post Reply
emg
CVO Senior
CVO Senior
Posts: 250
Joined: Tue Feb 27, 2007 9:45 pm
Location: Glasgow Scotland

Latest Euro Rate

Post by emg »

As i am arriving in Carvoeiro on Boxing Day checking the latest rate
of exchange i see its now one Euro three to the pound the chap at the exchange place told me come January it will 98cents i do hope business owners ajust the pricing structure in the Algarve accordingly as a business owner my self i know they have to make a profit but survival
is at the top of most peoples agenda this would make eg. a large beer in Carvoeiro around £3.00 in Sterling money for the local beer.

I think you will find in 2009 that people for obvious reasons will go where the Euro doesnt exist Eygpt seems to be gaining popularity i do hope
my dear village Carvoeiro can survive which i think the next 12 months are going to be tough

Ed
Last edited by emg on Mon Dec 22, 2008 12:15 pm, edited 3 times in total.
SAM SPARKLE
CVO Legend
CVO Legend
Posts: 3087
Joined: Thu Jul 29, 2004 10:18 am

Post by SAM SPARKLE »

Ed, could you please tell me where you can get 103 euros for a pound, would be most grateful :lol:
Post Reply