When was the last time you saw the Pound above 1.18 Euro?
22 Months ago, that is when!
A quick heads up for you this morning…
The Pound hit a 22-month highs against the Euro and continues to rise.
So why is this?
With UK inflation coming in higher than expected, a June rate cut is now less likely.
Election results in Europe and a snap election set in France.
The Pound’s strength has caught some investors by surprise given we have a general election looming.
Either way, it’s a very attractive time for buyers of Euros.
So what next, what should you do?
Get ahead of the game and read our Guide to Foreign Currency Exchange.
Download the Guide Here - with no obligation of course.
Please get in touch to discuss your requirements so we can keep an eye on things for you.
You can speak to us by calling 01872 487 500.
To find out our latest rates, click below.
- Great exchange rates
- Quick and easy transfers
- No transfer fees
- Expert help and guidance
- Authorised by the FCA
Current rates:
Tuesday 11th June 2024 at 09:55
£1.00 GBP = 1.1845 EURO
£1.00 GBP = 1.2725 USD
£1.00 GBP = 1.9280 AUD
£1.00 GBP = 2.0785 NZD
£1.00 GBP = 1.7520 CAD
£1.00 GBP = 1.1415 CHF
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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