If you are travelling outside the Eurozone it can be wise to bring some cash with you in the currency of the country you are visiting. There are a few places in Ireland where you can carry out currency exchange . (These are sometimes called bureau de change.)
Of course – the currency exchange rates change every day and there has been a lot of volatility with exchange rates since the UK/EU referendum vote. We carried out a quick comparison of the main currency exchange companies on the same day to find out the Best Place to Buy Sterling in Ireland .
We checked out how much it would cost in Euros to buy £700 GBP Sterling cash . We compared the figures from the currency companies websites at roughly the same time on 21st February 2017. All the exchange companies we used in the comparison say they do not charge commission .
At the No1 Currency Website it would have cost you €843.37 for £700 GBP – and you can order and pay for it online and get it delivered to your door for free. The delivery is by An Post registered post and is fully insured . (Orders under €750 cost €6 for delivery) . Minimum order is €400. The price shown is for payment by debit card, a credit card incurs 2% fee. Popular currencies such as Sterling and US Dollars should be delivered next day if ordered before noon. Other currencies will take 2 to 3 days. You can check their current exchange rates on the No1 Currency Website
2: At CurrencyExchange.ie they were quoting a price of €846.02 for £700 Sterling. You can reserve your currency online for collection and pay for it when you pick up. They only have 2 locations in central Dublin .
3: An Post were quoting a price of €849.41 for buying £700 Pounds.
They don’t allow online ordering, you have to go to a Post Office branch that does currency exchange . This service is only available in larger towns and cities – see here.An Post only sell Sterling and US Dollars.
4: At ICE ( International Currency Exchange) http://www.ice-ireland.ie – it would have cost you €861.75 for £700 Sterling. You can reserve your currency online and then collect it and pay for it at one of their Dublin Airport kiosks.
There is always the option of using an ATM abroad – see here for details of ATM Charges Abroad .
We also did a recent comparison on the cost of buying US Dollars in Ireland
If you are looking for information about transferring larger amounts of money abroad in different currencies – you should read our article on some other currency transfer options