Paphos Life

Looks like the exchange rate is getting worse everyday at the moment - Anyone changed any money locally today - Do you know what the current local rate is Harbour etc. ?

Regarding exchanging money at the kiosks. I changed Euros for UK pounds at one of the harbour kiosk about 4 weeks ago.
The UK money I was given was £50 notes.
However when I came to spend them in the UK they were refused as they were the old ones..

The old notes ie. The £50 banknote carrying the portrait of the first governor of the Bank of England Sir John Houblon have been withdrawn from circulation.

Trev..

Were you able to exchange them at the Bank Trev?

trevnhil wrote: ↑Wed Jan 11, 2017 8:17 pm Regarding exchanging money at the kiosks. I changed Euros for UK pounds at one of the harbour kiosk about 4 weeks ago.
The UK money I was given was £50 notes.
However when I came to spend them in the UK they were refused as they were the old ones..

The old notes ie. The £50 banknote carrying the portrait of the first governor of the Bank of England Sir John Houblon have been withdrawn from circulation.

Trev..

Well, I never knew that. Apparently the Houblon £50 notes were withdrawn from circulation on 30 April 2014 and can only be exchanged at the Bank of England.

Poppy wrote: ↑Wed Jan 11, 2017 8:38 pm Were you able to exchange them at the Bank Trev?

Yes fortunately a bank a few miles from where we were staying did change them for me .

Trev..

Austin 7.
Or perhaps some UK fraudsters conning the Harbour kiosks?
I have seen your type of comment before and to be honest I don't understand it.
I have used the Cy-dive square kiosks umpteen times over the last 4 years (visiting 3/4 times a year) and have never had any problems.
I wouldn't even think nowadays of coming over with more than 100 euros bought locally but bring sterling to exchange at these kiosks for a much superior rate than I can get here!

Years ago I went trekking in Nepal. I have a large head and have problems buying a hat. I spent ages looking for one in Kathmandu before finally finding a carpet shop that sold these weird, large hats made out of something like carpet material. So I bought one.

What I had forgotten, was that carpet shops in Kathmandu were where most of the illegal currency conversions happened. If a Westerner went into one, he only wanted to change currency. It took me a long time to convince them that I didn't want to change currency, but that I actually wanted to buy a hat.

71 Trans Am wrote: ↑Wed Jan 11, 2017 8:09 pm Looks like the exchange rate is getting worse everyday at the moment - Anyone changed any money locally today - Do you know what the current local rate is Harbour etc. ?

Trans am, it's usually 2 cents below the mid-market rate so it's probably around 1.13/1.14 to the £. Not great
Just my guess. Someone might be able to give you a more definite figure.

On the other hand the £ to Turkish Lire rate has soared this week, yesterday at the exchange near Atturturk roundabout
we got 4.67 TL to the GBP!
Geoff.

We got 2,800,000TL to the pound in 2003.

The exchange rate in and around the harbour today was €1.13.

Hopkins wrote: ↑Thu Jan 12, 2017 2:07 pm We got 2,800,000TL to the pound in 2003.

That was "Old Lire" of course. i.e. 2.8 YTL
Geoff.

Foxy Lady wrote: ↑Thu Jan 12, 2017 4:35 pm The exchange rate in and around the harbour today was €1.13.

Thanks FL

Thanks June and Foxy Lady - Still seems to be falling