Euros Exchange Rate

If you know for sure you are going and it is a lot cheaper to pay for something non-refundable then go ahead

It is just as hard to predict the exchange rate as it is to predict the stock market movement because it is a market driven commodity. The trend is currently higher. I would only pay up front for hotels if you received a discount and you are absolutely locked into that hotel on that date. You savings is not that great. Doubt if it will change much before April.

Trying to estimate the exchange rate? It’s like using a Magic 8 Ball. Yes, no, maybe... Just like trying to guess the price of a stock. I’ve been to Europe many times and the rates have been anywhere from $.92 to $1.55.

If you book a non-refundable rate better have travel insurance.

My conclusion is the FX pundits are guessing. Hope you can figure out what the following means:
https://www.poundsterlinglive.com/eurusd/8568-reversal-pattern-forming-on-euro-to-us-dollar-rate-as-interest-rate-s-tipped-to-surge
Reversal Pattern Forming on Euro-to-Dollar Rate as U.S. Interest Rate's Tipped to Surge

Modified: Thursday, 22 February 2018 11:19 Written by Joaquin Monfort

EUR/USD is looking increasingly toppy and together with expectations
that US interest rates might rise even more rapidly than previously
assumed reinforces a bearish bias. Is the multi-month advance in the
Euro in danger of finally fading?

The 'M' shape drawn at the highs on the chart of EUR/USD chart shown
below is a potential reversal pattern called a double-top, which has
bearish implications for the pair.

A break below the trigger point or 'neckline' as technicians call it,
at 1.2206 (current market level is 1.2293) would almost certainly see
the pair cascade lower to below the 1.2000 level.

Contact your broker and ask for the currency trader and ask your question about exchange rates in April. At least you will have an "expert's" guess.

Thank you, I will keep an eye out and also call my broker. I read that there are elections coming up, as well. Not sure if that's a good or bad thing...
The rate exchange caught my eye when I checked what I paid for the one night in November compared to today's rate. This is my first time to Europe.

My advice would be to not worry about it. You have made the decision to go, you have decided to spend the money (even at a steady rate it would be an undetermined amount) which in any estimation is a luxury, so don't be Penny-wise and Pound-foolish. Look at the worst case, if you booked a room at 100 euro and the rate went from $1.18 to $1.23, that room now cost you $5 more; not a deal breaker (If the room cost you 200 to 300 euro, then that is even more reason to not to worry, since you could have saved more money by getting a more economical room). Even if the rate gets worse, it is still chump change in the big picture.

The other thing to consider is prepayment may introduce risk of loss, plus the whole "time value of money" thing.

There are things you can check on to be sure you don't lose additional money as you travel through Europe:

• Call your bank to find out what it will charge you when you use a European ATM. If you don't like the answer, consider opening a new account.

• Call your credit-card issuers to ask what they will charge you when you charge purchases in Europe. If you don't like the answer, get cards with better policies.

• Never, ever let an ATM or hotel/restaurant/shop employee put through a transaction denominated in dollars. You want to be charged in euros to avoid a very disadvantageous conversion rate.

• Read ATM screens carefully to be sure the ATM itself is not going to hit you with a fee. If you see a fee notification, cancel the transaction, retrieve your card and find an ATM belonging to a diffrerent bank.

Rick writes about these and other money issues here.