Currency Knowledge

currencyBelow are our suggestions and tips about the currency exchange:

  1. Don’t leave it to the last minute
    Speaking to an expert could be the difference between affording the property you really like or not. One of the first steps you should take, once you have decided to buy a property abroad, is contacting a currency specialist. That way you will have more chance of maximising your buying power.
  2. Don’t gamble your money
    If your target exchange rate is available, take it. Otherwise, you could risk losing money.
  3. Set a realistic budget based on the current market
    Your currency dealer can help you mitigate risk explaining to you how currency markets may shift and the general direction of exchange rates, so you can plan your currency purchase and timing it right to make the most from your money.
  4. Try to avoid purchasing currency at the low of the day
    The difference can be significant and your currency dealer can help you with this.
  5. Protect your money by setting up a forward contract
    Set up a forward contract to lock-in the exchange rates, this allows you to protect your money by setting a rate now for a transfer in the future.
  6. Check the interbank exchange rate.
    The interbank exchange rate is the rate at which banks swap currencies between one another, it is the wholesale rate. On websites like and, you can find out what the interbank exchange rate is, and also what is influencing the market.
  7. Always get confirmation from your currency dealer that your money has been sent
  8. Safety and security.
    Choose a currency specialist who is authorised and regulated by the Financial Conduct Authority (FCA).
  9. Avoid retail banks, exchange bureaus and the post office
    Using high street banks, exchange bureaus and post office can be a costly mistake, they cannot offer specialist guidance like a currency specialist that will help you to time it right. Also, currency brokers offer more favourable rates; saving up to 4%. For instance, if you’re buying a property in Italy for €200,000, you could save up to €8,000.

Who am I?

My name is Valeria. After many years working in the property and travel trade industries in London, I have returned to my homeland of Sardinia and now run Ajo Real Estate Agency here in Cagliari.

I am a fully qualified Italian estate agent and an experienced travel trade marketeer. Ajo provides real estate brokerage services including Co-hosting, Property Finder and Estate agent services.