The Euro has had a good run recently.
It’s only just touched a 16-month high against the Pound.
This could be a good opportunity for Euro sellers.
It follows on from the EU pushing through a 0.75% interest rate rise last week, its largest ever!
And Ukraine’s recent advances against Russia have also given a lift to the Euro.
Meanwhile, the Pound is under pressure.
The UK economy is struggling, and all signs seem to point to a recession.
Unfortunately, the Pound didn’t see much of a boost from Liz Truss’s new energy plan either.
So what next, what should you do?
With so much happening in the world right now, we expect exchange rates to remain volatile.
If you have a currency transfer in mind, it could pay to talk it over with one of our currency experts.
Click below to get a free quote or call 01872 487 500.
Current rates:
Tuesday 13th September 2022 at 10:30
£1.00 GBP = 1.1531 EURO
£1.00 GBP = 1.1712 USD
£1.00 GBP = 1.6959 AUD
£1.00 GBP = 1.9059 NZD
£1.00 GBP = 1.5193 CAD
£1.00 GBP = 19.9436 ZAR
How to Save Money on your foreign currency transfers