The exchange rate varies on a day to day basis. You can exchange money at your hotel, banks or money exchange agencies. At banks you will probably receive a lower rate, however, if you are using a money exchange agency, do take care as whilst the majority of agencies in town are reputable, there are a small minority that advertise very attractive rates to lure you. Once they have got your money you may find that you have received less than you expected. If you confront them with this they will point to an out of the way sign, in small print, saying that you only receive the highest rate if you exchange a certain amount of money. This can be £1,000 or £2,000, so do take care.
All of us living here is Spain have now got used to our new currency - the "euro". In many ways it has much more in common with sterling in that it has two units, the euro and cent (centimos in Spanish), unlike the old currency which just had the single unit of the peseta.
We used to give a quick method for comparing prices between euros and British pounds. With the current economic situation and wildly varying exchange rates this is no longer possible. For an accurate conversion see below.
Currency Conversion Rates
If it is important that you know the exchange rates for the various currencies around the world, not just for the Euro '€' but for all currencies.
then, xe.com , by The Times newspaper will provide you with the most up-to-date currency conversion there is, click on their logo for the latest currency conversions around the globe.
The Universal Currency Converter ®, the world's most popular currency tool, allows you to perform interactive foreign exchange rate calculations on the Internet, using live, up-to-the-minute currency rates