The best time to exchange pounds into euros is when the euro strengthens against the pound. That’s because then you will get more for your money than if you were to do an immediate conversion, which could result in a lower price for your euros. However, there are times when you should consider doing this immediately; namely where there has been some volatility in the foreign exchange markets (such as during Brexit), or if there has been significant news coverage on sterling and its prospects. You can check out our guide to getting the most from an FX swap here: http://www.moneysavingexpert.com/how-do-you-get-the-most-from-an-fxswap/
3) Can I use my overseas credit card or debit card?
You absolutely can! In fact, we recommend using a credit card over a debit card due to better interest rates for overseas transactions – but it depends on how much money you want to put through with each transaction and whether that amount is going into your bank account or directly abroad with cashback cards such as Quidco . It also depends what sort of currency restrictions apply at either end of any given transaction so please contact us before making any purchases in order to work out how they might impact you personally and whether these restrictions would apply when travelling abroad whilst carrying GBP funds around with them . We have also built up a great guide on comparing different cards for people who want further advice