Rate Alert: Pound surges yet again !

There’s plenty of action left in these markets…

In particular, the Pound seems determined to end the year with a bang.

This week we have seen big breakouts against AUD, CAD and NZD.

- GBP/AUD sits at 4 ½ year highs.
- GBP/CAD is up at 6 ½ highs.
- GBP/NZD is at 8 ½ highs.

While the GBP/EUR trend is a little more choppy, the rate is within touching distance of 2 ½ year highs.

What’s more the GBP/EUR rate has climbed over 5% in 2024 – a big move for a major pair.

The only weak point is GBP/USD.

It’s tumbled again due to Dollar dominance. The mighty USD is slaying all those before it.

A combination of Trump optimism and US Fed worry has the Dollar firing.

Appreciate we are heading into the festive period, but lower liquidity around Christmas can provide good market opportunities for both buyers and sellers.

Please do keep in touch with for your ongoing requirements.

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.

We can assist you with your currency requirements, please do get in touch.

You can call us on 01872 487 500.

To learn more or find out our latest rates, click below.

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: 

Thursday 19th December 2024 at 11:00

£1.00 GBP = 1.2150 EUR

£1.00 GBP = 1.2640 USD

£1.00 GBP = 2.0235 AUD

£1.00 GBP = 2.2055 NZD

£1.00 GBP = 1.8190 CAD

£1.00 GBP = 1.1325 CHF

• Want to Learn More?

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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.
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