Pound spikes after recent losses

The Pound has recovered against the US Dollar and the Euro.

In the UK, unemployment is at a near 50 year low.

This is a boost for the Pound and the UK economy.

Rising inflation is still a big issue, but low unemployment is a sign of strength for the UK economy.

It’s good news for now, but there may be more tough times ahead for the Pound.

The Euro has also recovered against the US Dollar.

The Dollar has come back to earth slightly after skyrocketing so far in 2022.

The market trend has been in favour of the US Dollar for so long.

This change could be a great opportunity for Pound sellers.

If you are planning to buy property in France soon then now is the time to get in touch.

With volatile times ahead, it’s certainly worth discussing any currency transfer with your account manager.

Get a free exchange rate quote below or give us a call on 01872 487 500.

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 18th May 2022 at 14:40

£1.00 GBP = 1.1801 EURO

£1.00 GBP = 1.2413 USD

£1.00 GBP = 1.7709 AUD

£1.00 GBP = 1.9563 NZD

£1.00 GBP = 1.5925 CAD

£1.00 GBP = 19.7534 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