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Currency Market Update - 12th November 2024

Pound to Euro hits 32-month highs

There is a lot going on, let us summarise things…

There’s been some big market moves since the US election…

GBP to EUR in particular has been very strong, touching 32-month highs only yesterday.

However, GBP to USD has headed the other way.

It’s now sitting right near 3-month lows.

Post-election, the Pound has also traded modestly down against the Aussie, Kiwi and Canadian Dollars.

As you’ve no doubt seen on the news, there is the potential for some significant changes ahead in US economic, trade and foreign policy.

While Donald Trump won’t be sworn in until Jan 20th next year, policy announcements are coming thick and fast.

The bottom line is we think there will be plenty of volatility ahead, so it’s not a time for complacency.

If you have currency requirements, please get in touch so we can discuss your plans.

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.

For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.

To speak to a member of our team, call us on 01872 487 500.

To find out our latest rates, please click below

.

Get a Quick Quote

  1. Great exchange rates
  2. Quick and easy transfers
  3. No transfer fees
  4. Expert help and guidance
  5. Authorised by the FCA

Current rates: 

Tuesday 12th November 2024 at 09:50

£1.00 GBP = 1.2075 EUR

£1.00 GBP = 1.2825 USD

£1.00 GBP = 1.9605 AUD

£1.00 GBP = 2.1575 NZD

£1.00 GBP = 1.7900 CAD

£1.00 GBP = 1.1320 CHF

  • 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.
  • Want to Live in France Post-Brexit? download our "PDF Guide to Living in France Post-Brexit" document.

    Brexit Guide Download

  • 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.

Cle France Currency Guide link

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.

For everything you need to know about French property visit www.clefrance.co.uk


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