This week, the US Dollar hit its highest against the Pound since September 2020.
The Pound has struggled against the US Dollar as the US economy looks in better shape than the UK.
What’s more, the US Federal Reserve is expected to raise rates more aggressively than the Bank of England – which will add to Dollar strength.
The Euro has been slightly stronger this week, thanks to Sunday’s French Election results.
Plus, the ECB now seem to have a greater appetite for interest rate increases.
At last, some slight positivity for the Euro!
But with so much going on globally, we expect exchange rates to remain volatile.
If you have a currency transfer in mind, it’s worth discussing your timing with one of our experts.
You can get a free exchange rate quote below or call 01872 487 500.
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:
Wednesday 27th April 2022 at 11:20
£1.00 GBP = 1.1860 EURO
£1.00 GBP = 1.2581 USD
£1.00 GBP = 1.7607 AUD
£1.00 GBP = 1.9132 NZD
£1.00 GBP = 1.6157 CAD
£1.00 GBP = 19.9722 ZAR
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Want to Learn More?
- We have created a selection of Free PDF Guides for you to download covering many aspects of buying property abroad, visit our PDF Guides Page today or download our "Buying A Property in France" Guide PDF document.
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Want to Live in France Post-Brexit? download our "PDF Guide to Living in France Post-Brexit" document.
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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.
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For everything you need to know about French property visit www.clefrance.co.uk