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Euro is almost 1-1 #44044
03/06/2015 12:33 PM
03/06/2015 12:33 PM
Joined: Mar 2009
Posts: 13,841
Auburn, WA
SXMScubaman Offline OP
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SXMScubaman  Offline OP
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Posts: 13,841
Auburn, WA
Euro today is at 1 to 1.087 Not much longer and it will be 1 to 1

SXM Sponsors
Re: Euro is almost 1-1 [Re: SXMScubaman] #44045
03/06/2015 12:44 PM
03/06/2015 12:44 PM
Joined: Aug 2000
Posts: 1,173
North NJ, 1720 miles from Para...
Kathleen Offline
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Kathleen  Offline
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Joined: Aug 2000
Posts: 1,173
North NJ, 1720 miles from Para...
Saw that today and got really psyched for our November trip. Just as soon as JetBlue opens up their schedule, we'll book!

Hope this helps the Island Merchants after all of these years of suffering the bad exchange rate.


That's why I wander and follow La Vie Dansante, that's all I want, La Vie Dansante (JB)
Re: Euro is almost 1-1 [Re: Kathleen] #44046
03/06/2015 12:53 PM
03/06/2015 12:53 PM
Joined: Aug 2000
Posts: 74,900
Central Florida!
Carol_Hill Offline
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Carol_Hill  Offline
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Joined: Aug 2000
Posts: 74,900
Central Florida!
Now, especially for a trip several months in the future, it makes one dither about whether to pay in advance for Club O, as you don't know what the Euro will be doing by then!


Carol Hill
Re: Euro is almost 1-1 [Re: Carol_Hill] #44047
03/06/2015 01:00 PM
03/06/2015 01:00 PM
Joined: Aug 2000
Posts: 1,173
North NJ, 1720 miles from Para...
Kathleen Offline
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Kathleen  Offline
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Posts: 1,173
North NJ, 1720 miles from Para...
Right! I'll defer that decision to my Economist husband (aka Fortuneteller). <img src="http://www.traveltalkonline.com/forums/images/graemlins/Grin.gif" alt="" />

It's really amazing how quickly it's dropped. Just last week we got a credit card conversion from Cap1 at 1.12!


That's why I wander and follow La Vie Dansante, that's all I want, La Vie Dansante (JB)
Re: Euro is almost 1-1 [Re: Kathleen] #44048
03/06/2015 01:30 PM
03/06/2015 01:30 PM
Joined: Feb 2015
Posts: 155
Central Connecticut
4
4Driver4 Offline
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4Driver4  Offline
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4
Joined: Feb 2015
Posts: 155
Central Connecticut
We were just in SXM a month ago and paid 1.14. Seemed great then, but now I feel like I got gaffed (not really).
I hope it stays low or goes lower between now and the end of April so we can take another shot at it in May.

Re: Euro is almost 1-1 [Re: Kathleen] #44049
03/06/2015 02:20 PM
03/06/2015 02:20 PM
Joined: Aug 2000
Posts: 74,900
Central Florida!
Carol_Hill Offline
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Carol_Hill  Offline
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Posts: 74,900
Central Florida!
Yes, one certainly has to be a fortuneteller to know what to do! <img src="http://www.traveltalkonline.com/forums/images/graemlins/Smile.gif" alt="" />


Carol Hill
Re: Euro is almost 1-1 [Re: Carol_Hill] #44050
03/06/2015 04:37 PM
03/06/2015 04:37 PM
Joined: May 2007
Posts: 497
New York, New York
G
gracie105 Offline
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gracie105  Offline
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G
Joined: May 2007
Posts: 497
New York, New York
1-1.09 today

Re: Euro is almost 1-1 [Re: gracie105] #44051
03/06/2015 05:31 PM
03/06/2015 05:31 PM
Joined: Mar 2005
Posts: 704
Colorado
sxmbeachlover Offline
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sxmbeachlover  Offline
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Joined: Mar 2005
Posts: 704
Colorado
Isn't this fun for we travelers? Never thought I would see this day!. Although I also never expected to see gas go down to $2 either!


Famous Quote from SBHonline: The best moderation is the least moderation.
Re: Euro is almost 1-1 [Re: SXMScubaman] #44052
03/08/2015 12:01 AM
03/08/2015 12:01 AM
Joined: Dec 2014
Posts: 351
SeaStar Offline
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SeaStar  Offline
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Posts: 351
So, I'm thinking it might be beneficial to pay the balance of our rental in euros, which is an option. I need to check with our bank regarding atm fees though I think they are waived, so where is the best place to withdrawal euros at a favorable rate? ie list exchange rate vs. actual exchange rate?

Re: Euro is almost 1-1 [Re: SeaStar] #44053
03/08/2015 05:27 AM
03/08/2015 05:27 AM
Joined: Mar 2005
Posts: 704
Colorado
sxmbeachlover Offline
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sxmbeachlover  Offline
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Posts: 704
Colorado
Us Import receipt showed 1 to 1.12 but the actual was 1 to 1.14. At Ocean 82 we asked for our bill in euros, and it ended up being 1 to 1.10 on credit card. I think the best would still be ATM with no bank fees, but it's probably a wash if your bank charges ATM percentage and usage fees. Ours doesn't.


Famous Quote from SBHonline: The best moderation is the least moderation.
Re: Euro is almost 1-1 [Re: sxmbeachlover] #44054
03/08/2015 05:28 AM
03/08/2015 05:28 AM
Joined: Mar 2005
Posts: 704
Colorado
sxmbeachlover Offline
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sxmbeachlover  Offline
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Joined: Mar 2005
Posts: 704
Colorado
1.08 today!


Famous Quote from SBHonline: The best moderation is the least moderation.
Re: Euro is almost 1-1 [Re: sxmbeachlover] #44055
03/08/2015 07:51 AM
03/08/2015 07:51 AM
Joined: Jan 2002
Posts: 626
Bucks County PA
JohnB Offline
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JohnB  Offline
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Posts: 626
Bucks County PA
A lot of places on Orient are charging 1.2 or more because they have costs to convert dollars back to euro from their banks

Re: Euro is almost 1-1 [Re: JohnB] #44056
03/08/2015 08:55 AM
03/08/2015 08:55 AM
Joined: Mar 2010
Posts: 336
P
pandpfromcanada Offline
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Joined: Mar 2010
Posts: 336
You do have to watch. Two drinks at a bar in Grand Case were 12 Euros or 15 US and a Pain au Raisin at a bakery was 1:40 Euros or $2 US. Seems like small change but it can add up. Fortunately we brought some Euros with us.

Re: Euro is almost 1-1 [Re: pandpfromcanada] #44057
03/08/2015 09:45 AM
03/08/2015 09:45 AM
Joined: Sep 2014
Posts: 27
D
DuxburyMA Offline
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DuxburyMA  Offline
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D
Joined: Sep 2014
Posts: 27
We used capital one and told the merchant we wanted euros and then capital one did the conversation rate which is a lot lower than what the French side is charging

Re: Euro is almost 1-1 [Re: DuxburyMA] #44058
03/08/2015 09:54 AM
03/08/2015 09:54 AM
Joined: Nov 2009
Posts: 3,047
Maryland/DC Metro
BeachKitten Offline
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BeachKitten  Offline
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Joined: Nov 2009
Posts: 3,047
Maryland/DC Metro
That is how I paid at a gallery recently. Charged to Cap 1 in euros, and then converted and billed at a good rate.


"It is good to do nothing all day, and then to rest" wink
Re: Euro is almost 1-1 [Re: sxmbeachlover] #44059
03/08/2015 11:24 AM
03/08/2015 11:24 AM
Joined: Apr 2008
Posts: 691
Long Island, NY
timmycs Offline
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Joined: Apr 2008
Posts: 691
Long Island, NY
Quote
sxmbeachlover said:
Us Import receipt showed 1 to 1.12 but the actual was 1 to 1.14. At Ocean 82 we asked for our bill in euros, and it ended up being 1 to 1.10 on credit card. I think the best would still be ATM with no bank fees, but it's probably a wash if your bank charges ATM percentage and usage fees. Ours
doesn't.


Where is the ATM located in the airport?

Re: Euro is almost 1-1 [Re: sxmbeachlover] #44060
03/08/2015 02:16 PM
03/08/2015 02:16 PM
Joined: Mar 2001
Posts: 16,151
Ohio
ruralcarrier Offline
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ruralcarrier  Offline
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Joined: Mar 2001
Posts: 16,151
Ohio
Tree Top Lounge at Loterie Farm did 1.08-1.00 today. Pretty decent compared to past years.


J.D.
Re: Euro is almost 1-1 [Re: ruralcarrier] #44061
03/08/2015 03:40 PM
03/08/2015 03:40 PM
Joined: Jan 2010
Posts: 3,631
Oyster Pond St. Martin
S
soualigacapt Offline
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S
Joined: Jan 2010
Posts: 3,631
Oyster Pond St. Martin
Lets see if it goes down more on Monday. Waiting to buy some when it bottoms out. But how do you know?????

Re: Euro is almost 1-1 [Re: JohnB] #44062
03/08/2015 05:39 PM
03/08/2015 05:39 PM
Joined: Mar 2009
Posts: 13,841
Auburn, WA
SXMScubaman Offline OP
Traveler
SXMScubaman  Offline OP
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Joined: Mar 2009
Posts: 13,841
Auburn, WA
Quote
JohnB said:
A lot of places on Orient are charging 1.2 or more because they have costs to convert dollars back to euro from their banks

That might be the reason they want you to believe. Its just a way to pull a little more profit.

Re: Euro is almost 1-1 [Re: ruralcarrier] #44063
03/08/2015 05:45 PM
03/08/2015 05:45 PM
Joined: Jan 2001
Posts: 172
Cinti
Bdallas Offline
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Bdallas  Offline
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Joined: Jan 2001
Posts: 172
Cinti
Jd
We ate lunch at Loterie Farm today (left about 1:50). Must have just missed you (we were in the restaurant).
Bob

Re: Euro is almost 1-1 [Re: Bdallas] #44064
03/08/2015 05:52 PM
03/08/2015 05:52 PM
Joined: Mar 2001
Posts: 16,151
Ohio
ruralcarrier Offline
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ruralcarrier  Offline
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Joined: Mar 2001
Posts: 16,151
Ohio
Yes, we had to have just missed you as we got there at 11:00 and left just before 2:00 and were in the lounge.

Regarding the euro, it is like airfare. When it gets to a price you can live, exchange or buy!!


J.D.
Re: Euro is almost 1-1 [Re: SXMScubaman] #44065
03/08/2015 06:24 PM
03/08/2015 06:24 PM
Joined: Jan 2002
Posts: 626
Bucks County PA
JohnB Offline
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JohnB  Offline
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Posts: 626
Bucks County PA
Yes I realize that so we get euros for spending on the French side. We also use Capital One for anything big.BTW French side atms don't charge a fee.

Re: Euro is almost 1-1 [Re: SXMScubaman] #44066
03/08/2015 07:30 PM
03/08/2015 07:30 PM
Joined: Apr 2006
Posts: 347
22degrees N. lat of Paradise
ohtoobtan Offline
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ohtoobtan  Offline
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Joined: Apr 2006
Posts: 347
22degrees N. lat of Paradise
This will be our 15th trip since 2000. It should be our 16th annual trip but one year we did not go because it was when the Euro conversion was 1.7 USD to the Euro. So for those that went a few months ago when it was 1.14 don't feel bad.


"May the Fourwinds blow you safely home."
Re: Euro is almost 1-1 [Re: sxmbeachlover] #44067
03/08/2015 07:40 PM
03/08/2015 07:40 PM
Joined: Mar 2002
Posts: 206
Burlington Ontario
theonz Offline
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theonz  Offline
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Joined: Mar 2002
Posts: 206
Burlington Ontario
do not hesitate to buy Euros......We Canadians a short spurt with par US/CA and now back to $1.28 to buy a US dollar....go out and buy a bunch of Euros and stash them away..... <img src="http://www.traveltalkonline.com/forums/images/graemlins/canada.gif" alt="" />

Re: Euro is almost 1-1 [Re: theonz] #44068
03/10/2015 08:18 AM
03/10/2015 08:18 AM
Joined: Dec 2004
Posts: 4,253
Massachusetts
boucharda Online content
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boucharda  Online Content
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Joined: Dec 2004
Posts: 4,253
Massachusetts
Don't try to catch a falling knife...down to $1.074 today. Stock market won't like it though

Re: Euro is almost 1-1 [Re: boucharda] #44069
03/10/2015 11:31 AM
03/10/2015 11:31 AM
Joined: Jan 2003
Posts: 721
Chicago area & St-Martin
ChiTownHarry Offline
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ChiTownHarry  Offline
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Joined: Jan 2003
Posts: 721
Chicago area & St-Martin
With the exchange rate what it is, you have an opportunity to try one of the French restaurants who charge in Euros at a significant savings. We have been going to the island since 2003 and never tried Sol e Luna, but did so last Friday. Main dishes were in the 30-35 euro range which is expensive, but not nearly as much as when the exchange rate was 1.30-1.00.


--ChiTownHarry
Re: Euro is almost 1-1 [Re: ChiTownHarry] #44070
03/10/2015 05:23 PM
03/10/2015 05:23 PM
Joined: Dec 2008
Posts: 3,034
Boynton Beach, FL
EdB Offline
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EdB  Offline
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Posts: 3,034
Boynton Beach, FL
Absolutely right..

as of today the exchange is 1 to 1.07. Thats about the same as most of the US is with state added meal taxes. smile

Re: Euro is almost 1-1 [Re: EdB] #44071
03/11/2015 07:01 AM
03/11/2015 07:01 AM
Joined: Feb 2006
Posts: 92
South Florida
Z
zippy Offline
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zippy  Offline
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Z
Joined: Feb 2006
Posts: 92
South Florida
WOW! Deutsche Bank predicts fall to 85 cents US by 2017 due to collapse of European bond yields. No end in sight for bottom.

http://www.reuters.com/article/idUSKBN0M702720150311

Re: Euro is almost 1-1 [Re: zippy] #44072
03/11/2015 07:58 AM
03/11/2015 07:58 AM
Joined: Mar 2005
Posts: 704
Colorado
sxmbeachlover Offline
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sxmbeachlover  Offline
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Joined: Mar 2005
Posts: 704
Colorado
Most places have let us pay with our credit card in Euros. A few have the 1:1.2 exchange so picked up some Euros for those cases. We don't feel the need this time for having a lot of Euros on hand.


Famous Quote from SBHonline: The best moderation is the least moderation.
Re: Euro is almost 1-1 [Re: zippy] #44073
03/11/2015 10:43 AM
03/11/2015 10:43 AM
Joined: Dec 2008
Posts: 993
Pittsburgh PA
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plequerre Offline
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P
Joined: Dec 2008
Posts: 993
Pittsburgh PA
Quote
zippy said:
WOW! Deutsche Bank predicts fall to 85 cents US by 2017 due to collapse of European bond yields. No end in sight for bottom.

http://www.reuters.com/article/idUSKBN0M702720150311


A Euro at $0.85 might be good for us visiting SXM but it would be very bad for US Cos relying heavily on exports as it would make US products 15% to 20% more expensive to EU buyers.
Just look what happened to the Dow Jones yesterday, when there was speculation (no pun intended) that the Fed might increase the interest rate which would push the $ higher against most currencies.

Re: Euro is almost 1-1 [Re: sxmbeachlover] #44074
03/11/2015 11:44 AM
03/11/2015 11:44 AM
Joined: Dec 2008
Posts: 3,034
Boynton Beach, FL
EdB Offline
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EdB  Offline
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Posts: 3,034
Boynton Beach, FL
We have visited the island for over twenty years, and have never had a euro in our possession. It's not necessary since the good old greenback is still taken everywhere.

Re: Euro is almost 1-1 [Re: EdB] #44075
03/11/2015 12:18 PM
03/11/2015 12:18 PM
Joined: Mar 2009
Posts: 13,841
Auburn, WA
SXMScubaman Offline OP
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SXMScubaman  Offline OP
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Posts: 13,841
Auburn, WA
Us too but if the places are still using the 1 to 1.2 conversion for cash it's not a good deal. I might start using some in those cases if they don't take a cc.
1.058 today.

Last edited by SXMScubaman; 03/11/2015 12:20 PM.
Re: Euro is almost 1-1 [Re: EdB] #44076
03/11/2015 02:56 PM
03/11/2015 02:56 PM
Joined: Dec 2004
Posts: 4,253
Massachusetts
boucharda Online content
Traveler
boucharda  Online Content
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Joined: Dec 2004
Posts: 4,253
Massachusetts
Anyone with equity mutual funds should not wish for a stronger dollar...the thousands of dollars lost will not make up for a few cents per euro

..and it is still dropping...

Quote

10 Mar 2015 18:45 UTC - 11 Mar 2015 18:49 UTC
EUR/USD close:[color:"red"]1.05311[/color] low:1.05246 high:1.07116

Re: Euro is almost 1-1 [Re: boucharda] #44077
03/11/2015 03:06 PM
03/11/2015 03:06 PM
Joined: Jul 2006
Posts: 12,752
Peaceful Eastern North Carolin...
GaKaye Offline
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GaKaye  Offline
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Posts: 12,752
Peaceful Eastern North Carolin...
Quote
boucharda said:
Anyone with equity mutual funds should not wish for a stronger dollar...the thousands of dollars lost will not make up for a few cents per euro

..and it is still dropping...



Yep. Glad we took our money for the year in January! Ride that roller coaster!


[Linked Image]
Re: Euro is almost 1-1 [Re: GaKaye] #44078
03/11/2015 04:26 PM
03/11/2015 04:26 PM
Joined: Jan 2004
Posts: 184
Michigan/Newfoundland/Canada
S
Sandysnow Offline
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Joined: Jan 2004
Posts: 184
Michigan/Newfoundland/Canada
My Planter's Punch on Orient today was 6.50E & they wanted $7 US

Re: Euro is almost 1-1 [Re: Sandysnow] #44079
03/11/2015 04:37 PM
03/11/2015 04:37 PM
Joined: Jul 2006
Posts: 12,752
Peaceful Eastern North Carolin...
GaKaye Offline
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GaKaye  Offline
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Posts: 12,752
Peaceful Eastern North Carolin...
Interesting. I'd use a credit card and ask that the charge be put through in euros.


[Linked Image]
Re: Euro is almost 1-1 [Re: Sandysnow] #44080
03/11/2015 04:50 PM
03/11/2015 04:50 PM
Joined: Dec 2004
Posts: 4,253
Massachusetts
boucharda Online content
Traveler
boucharda  Online Content
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Joined: Dec 2004
Posts: 4,253
Massachusetts
At todays' rate drop that 6.5 euro would have been just a tad south of $6.90

I would have been happy with the $7 charge

Since they are not looking at the minute by minute changes yesterday's rate would have been almost right on $7

Last edited by boucharda; 03/11/2015 04:52 PM.
Re: Euro is almost 1-1 [Re: SXMScubaman] #44081
03/11/2015 10:29 PM
03/11/2015 10:29 PM
Joined: Jan 2002
Posts: 626
Bucks County PA
JohnB Offline
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JohnB  Offline
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Posts: 626
Bucks County PA
If the Euro goes par or below some places may still add a charge for conversion. Local banks charge them to convert dollars to euros so.
our first visit years ago St Martin still used francs and most places conversion rate was in their favor.
I'm excited since I pay my rent in Euros. Maybe I can stay longer

Re: Euro is almost 1-1 [Re: JohnB] #44082
03/13/2015 03:15 PM
03/13/2015 03:15 PM
Joined: Sep 2008
Posts: 184
Beautiful Upstate SC
sxmdoc Offline
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sxmdoc  Offline
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Posts: 184
Beautiful Upstate SC
But what's going to happen to our "which restaurants offer 1:1?" threads?!?
; >)

Re: Euro is almost 1-1 [Re: sxmdoc] #44083
03/13/2015 03:29 PM
03/13/2015 03:29 PM
Joined: Aug 2000
Posts: 1,173
North NJ, 1720 miles from Para...
Kathleen Offline
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Kathleen  Offline
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Joined: Aug 2000
Posts: 1,173
North NJ, 1720 miles from Para...
Quote
sxmdoc said:
But what's going to happen to our "which restaurants offer 1:1?" threads?!?
; >)

It'll be changed to "which restaurants are ripping us off by only giving 1:1" <img src="http://www.traveltalkonline.com/forums/images/graemlins/Grin.gif" alt="" />


That's why I wander and follow La Vie Dansante, that's all I want, La Vie Dansante (JB)
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