Topped up accounts and exchanged money lower and continuing to lower


#1

Hi I topped up account wirh £400 British Stirling I then changed it to polish zloty the full £400 I go to poland weds and the amount it is Now worth £10 less in pounds sterling and continues to go down and down I do not understand I thought there were no charges !! So now I only have £390 in British Stirling !!


#2

Could be one of two reasons:

  • Since you exchaged your money the exchange rate has improved. (and continues to improve)
  • There is a reduced exchange rate at the weekend which makes it look like your PLN is worth less in £.

This is not a :r: charge it is a lack of understanding of how :r: works. i would suggest as a lesson learnt you do some research on this forum as there are numerus posts regarding exchanging currency and weekend mark up on exchange rates.


#3

I exchange the money during week not weekend as i have mentioned money in £s continues to lower I used revolut when exchanging to euros two months ago and my money stayed set once exchange so this makes no aense


#4

If you were to exchange your money back to £ today you would get less because of the reduced weekend exchange rates. The figure in :r: is reflective of that.


#5

I don’t want to exchange it back i need the zlty in Poland weds


#6

the amount of PLN you have doesn’t change, it’s relative value in GBP does


#7

You only need to exchange if you want to lock in a favourable exchange rate. :r: will exchange from £ if you don’t exchange.


#8

GBPPLN is quite bad on weekends