There’s been some erratic moves in exchange rates recently.
As you know, it’s far from a normal December.
If Christmas wasn’t imminent, you get the feeling we would already have new restrictions in place. There’s even talk of more lockdowns.
It’s the calm before the storm.
While the Pound has been see-sawing against the Euro, it continues to slide against the US Dollar.
This tells us investors are aware of the impending risk and are rotating towards safe-haven currencies.
We know in periods of uncertainty, volatility rises.
It makes the timing of your money transfers even more critical.
Consider using the window of opportunity before Christmas to protect yourself from the risks of adverse market movements.
Speak to a member of the Key Currency team on 01872 487 500.
Or to find out our latest exchange rates, click on the link below.
Thanks For Reading, What Next?
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Wednesday 22nd December 2021 at 10:50
£1.00 GBP = 1.1789 EURO
£1.00 GBP = 1.3316 USD
£1.00 GBP = 1.8589 AUD
£1.00 GBP = 1.9642 NZD
£1.00 GBP = 1.7184 CAD
£1.00 GBP = 21.1707 ZAR
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