4

I need a lot of Euros because I frequently travel to European countries. Therefore, I always have an amount of Euros at home and from time to time I exchange a large amount of Euro. To save some money, I try to observe the exchange rate and try to get a favorable one. Doing this manually is a little bit tedious and therefore I'm looking for a tool that does this for me. The tool should be able to observe a specific exchange rate and inform me via email if a certain rate is achieved or if trend/forecast show that a minimum is reached.

Is there any tool like this available? I'm interested in a generic solution, but for now a tool for CHF - EUR and CHF - USD would also be okay.

migrated from travel.stackexchange.com Apr 3 '13 at 9:13

This question came from our site for road warriors and seasoned travelers.

  • google.com/finance?q=CHFUSD&ei=k_5aUeinH4GO0QH_0gE – Karlson Apr 2 '13 at 15:52
  • Forecasting exchange rates is very hard. Exchange rates are a volatile and very complex phenomenon. Historical series can be obtained via e.g. finance.yahoo.com – Marcel C. Apr 2 '13 at 16:16
  • If you know a scripting language à la Python or Perl, you can easily knit such a tool by yourself. Use the script to extract the current exchange rate and to send you a notification whenever the rate crosses a certain threshold. – Marcel C. Apr 2 '13 at 18:40
  • If you travel to Europe a lot then when bother exchanging your Euros at all? I'd imagine any profit you make could be lost whilst converting constantly between the currencies. – user4486 Apr 2 '13 at 22:52
  • @Andrew, I think s/he means that s/he buys a lot of Euros every so often, then gradually uses them up before buying some more. – Vicky Apr 3 '13 at 10:15
2

While the following is not automated as requested, it is one-click-easy, and present s the desired result in clear and readable form for manual transcription, or for "programmatic action" [tm] depending on your skill set./

Some sites allow you to easily access pages that clearly display the rates of your choice.
One such is www.xe.com, but there are many others.

Here is XE's CHF -> EUR page http://goo.gl/GP4Uy

Or the long version is http://www.xe.com/currencyconverter/convert/?Amount=1&From=CHF&To=EUR)
- so you can see how this could be easily manipulated "programmatically".


OANDA - Free unlimited rates by email

What's the catch? - rates are delayed by one day.
Useful to observe trends. Not so good for sudden blips.

Also current data at various costs .


Many companies WILL provide you with a live rate feed but, sadly but not surprisingly, tend to want $ in return.

Possibly useful:

XE

XE currency data feed - real $s

XE EUR -> USD page

Currency Online - twitter feeds available

FX Street - live rates

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy