The truth is you only ever know the ‘perfect time’ to exchange your money once it’s been and gone.
Hindsight is a wonderful thing.
What we do know is the Pound has bounced over 7% from recent lows – which is tempting for those that need to buy Euros or Dollars.
The reason is things could get a lot worse for the Pound as Britain is lagging Europe’s recovery to Coronavirus.
Likewise, for those selling Euros into Pounds, the exchange rate remains historically attractive.
The ‘Brexit discount’ embedded in the Pound won’t last forever and is already dissipating.
At the end of the day, exchange rates are as much about taming greed and fear as they are about the rate itself.
How can we Help You?
As a currency specialist, we appreciate our clients want to get the best rate possible within their timeframe.
We can help structure a plan, discuss levels to aim for or ways to mitigate your currency risk.
You can speak to one of our account managers on 01872 487 500.
They may be working remotely, but they are glued to the screens as always.
Or if you would like to know our latest exchange rates, please request a quote below.
Thanks For Reading, What Next?
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Thursday 23rd April 2020 at 17:20
£1.00 GBP = 1.1439 EURO
£1.00 GBP = 1.2366 USD
£1.00 GBP = 1.9357 AUD
£1.00 GBP = 2.0531 NZD
£1.00 GBP = 1.7368 CAD
£1.00 GBP = 23.5618 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