Pound Sterling has held up quite well despite everything going on…

The situation in the Ukraine is clearly escalating.

Normally in times of geopolitical uncertainty, Pound Sterling would be sold off in favour of ‘safer’ currencies like USD, JPY and CHF.

Not so far.

So why has the Pound been so resilient?

I suspect it’s due to the strength of the UK economy.

The recent data on manufacturing and services confirmed the economy is springing back to life.

And with inflation at its highest level in 30 years, the Bank of England must awaken from its slumber.

Interest rate decisions are no longer as boring as a wet weekend in Wigan.

But it doesn’t make the Pound a sure thing.

Other countries are also raising rates and dare I whisper it… Brexit hasn’t gone away.

With so many issues at play… inflation, war, covid, Brexit… we expect currency markets to swirl in volatility.

That will provide risks and opportunities ahead.

How can we help you through the uncertainty?

If you have currency requirements over the coming weeks and months, please do get in touch.

We can discuss and agree on the right time to exchange your money.

Call us on 01872 487 500 to speak to a member of our team.

Or click below to find out our latest exchange rates.

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: 

Wednesday 16th February 2022 at 09:30

£1.00 GBP = 1.1924 EURO

£1.00 GBP = 1.3567 USD

£1.00 GBP = 1.8899 AUD

£1.00 GBP = 2.0387 NZD

£1.00 GBP = 1.7208 CAD

£1.00 GBP = 20.4453 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