After a fairly directionless summer, the Pound has reasserted its strength.

Against the Euro, the Pound is within touching distance of levels last seen in February 2020.

That’s obviously good news for clients buying Euros.

It might be surprising given the UK’s fuel crisis.

But the side effect of the crisis is that the Bank of England may raise interest rates sooner than expected, which has lifted the Pound.

We never get complacent about favourable exchange rate moves. Things can always change suddenly in currency markets.

For example, earlier in the year the GBP was charging up against the US Dollar.

But since June, it’s been trading in a descending channel.

Trends don’t last forever.

As always, we are keeping a close eye on things as they develop and can alert you to the best opportunities as they arise.

To find out our latest rates, click below.

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: 

Monday 18th October 2021 at 10:50

£1.00 GBP = 1.1861 EURO

£1.00 GBP = 1.3738 USD

£1.00 GBP = 1.8582 AUD

£1.00 GBP = 1.9465 NZD

£1.00 GBP = 1.7023 CAD

£1.00 GBP = 20.2513 ZAR

• 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.

  

• 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.

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