The US Dollar has jumped to 35-year highs against Pound Sterling.
It’s perhaps even more surprising as the US government is trying to depreciate the Dollar.
But as investors panic, they have driven USD to extreme levels (well beyond any fundamental reasons).
It’s a great opportunity for those holding US Dollars and wanting to convert them back to Pounds.
In the space of a single month, you have profited by 11.7%.
As you can imagine, moves of this magnitude don’t come along very often.
If you hold USD and want to take advantage of the valuation spike, please get in touch.
To speak to a dealer, call us on +44 (0)1872 487 500. We are open as normal.
Or to find out the latest rates, simply click on the link below.
Thanks For Reading, What Next?
- To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
- Need to Trade Your Currency soon, then request a free quote and we’ll look after you from there.
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Friday 20th March 2020 at 11:15
£1.00 GBP = 1.0970 EURO
£1.00 GBP = 1.1761 USD
£1.00 GBP = 1.9885 AUD
£1.00 GBP = 2.0226 NZD
£1.00 GBP = 1.6791 CAD
£1.00 GBP = 20.4258 ZAR
Need to Send Money Abroad?
- At Clé France / Key Currency, many of our customers have a need for currency exchange.
- We are pleased to offer our customers favourable exchange rates on international currency transfers.
- As a Clé France website visitor, you qualify for preferential exchange rates when you transact through Key Currency.
How to Save Money on your foreign currency transfers
- Key Currency can save you money by offering more competitive rates of exchange than your bank.
- Clients can typically save you 3-4% of the total transaction value, which can result in significant cost savings.
- All client funds are held in segregated accounts with top-tier banks keeping your money safe and secure.
- Download our "Buying A Property in France" Guide PDF document.
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If you are concerned about Brexit? download our "PDF Guide to Brexit" document.
For everything you need to know about French property visit www.clefrance.co.uk