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The French Property Network

Jul 7

The Pound to Euro exchange opportunity

The Pound to Euro rate has been erratic over the last few months.

It plunged in mid-March, staged a big comeback in April, and faded through May and June.

In July, the rate has been climbing again...so far.

Given all the uncertainty we face from global risk events, the heightened volatility in exchange rates is expected.

But it doesn’t have to be a negative.

For those holding Pounds or Euros, it’s more of an opportunistic market.

The upside from volatility is that it gives you a chance to capture a better rate by keeping a close eye on the daily fluctuations.

No one has a crystal ball, but a taking a passive approach right now could see you miss the best opportunities.

Why not get in touch so we can structure a plan and discuss a strategy.

As part of our service, Key Currency can monitor exchange rates for you, help make sense of your budget and find you the most suitable currency solution.

Simply request an exchange rate quote below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Tuesday 7th July 2020 at 16:10

£1.00 GBP = 1.1140 EURO

£1.00 GBP = 1.25473 USD

£1.00 GBP = 1.8046 AUD

£1.00 GBP = 1.9150 NZD

£1.00 GBP = 1.7082 CAD

£1.00 GBP = 21.5159 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1771
Jun 27

COVID-19 Travel Update

The French property buying season begins (finally)

Great news…

France is expected to be included in the first wave of ‘air bridges’ starting 6th July.

Flights to France will commence daily.

It’s expected there will be a rush of British property buyers.

Earlier this month, Rightmove reported that UK searches for French property are 33% higher than last year.

While local experts say they don’t expect a fire sale of French property, some sellers will undoubtedly be open to offers.

Now is the time to get serious about restarting plans, especially for retirees abroad, with the Brexit transition period ending soon.

One thing to note…

When you make an offer on a French property, you are committed to that price in Euros, no matter what happens to the Pound.

With many threats to the Pound at the moment, we would suggest speaking to our currency partner: Key Currency.

Key Currency can monitor exchange rates for you, help make sense of your budget and find you the most suitable currency solution. 

I recommend you request an exchange rate quote below.

Click here for a free quote

Kind regards, 
David Evans 
Co-Founder of Clé France.

Add CommentViews: 2500
Jun 23

Euro sat near 3-month highs

The Pound has lost a lot of value against the Euro recently.

It finished last week at its lowest level since late March.

It’s partly because the Eurozone economies are further along in the ‘opening’ process.

But it’s also because Brexit has become a thorny issue again.

Put simply, GBP is getting hit on two fronts: Coronavirus and Brexit.

It creates short-term and long-term uncertainty.

However, the Pound looks to be gaining some much-needed support as the latest Brexit talks have a “new momentum” according to the politicians.

For those holding Euros...

Perhaps you have an offer on your French property and will be soon selling your euros back into your home countries currency?

It could be a good time to take advantage of the Pound’s weakness.

The potential for large unexpected movements in currencies this year are high, so current levels can’t be taken for granted.

Please get in touch with a member of the Key Currency team on 01872 487 500.

Or to find out our latest exchange rates, request a quote below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Tuesday 23rd June 2020 at 10:15

£1.00 GBP = 1.1046 EURO

£1.00 GBP = 1.2473 USD

£1.00 GBP = 1.8024 AUD

£1.00 GBP = 1.9238 NZD

£1.00 GBP = 1.6875 CAD

£1.00 GBP = 21.4976 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1862
Jun 16

Will the Pound crash on negative rates?

Desperate times for call for desperate measures.

The UK economy has shrunk by 24.5% according to the ONS, a scale never before seen before in history.

As a result, the Bank of England is now considering the mind boggling: “negative” interest rates.

This could have serious knock-on effects for the Pound.

Falling interest rates weaken a currency. Negative rates are far more extreme.

The Pound has been resilient recently as Coronavirus data has improved. However, economic reality awaits.

What Should You do?

As currency specialists, we appreciate our clients want to get the best rate possible.

But often sitting back and hoping for a certain rate in the future can be counterproductive and costly.

We can help structure a plan, discuss levels to aim for or ways to mitigate your currency risk.

You can speak to one of our account managers on 01872 487 500.

Or to find out our latest exchange rates, request a quote below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Tuesday 16th June 2020 at 09:30

£1.00 GBP = 1.1203 EURO

£1.00 GBP = 1.2639 USD

£1.00 GBP = 1.8239 AUD

£1.00 GBP = 1.9548 NZD

£1.00 GBP = 1.7109 CAD

£1.00 GBP = 21.4757 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1683
Jun 9

Sterling hits 11-week high

The Pound has surged to an 11-week high against the US Dollar.

Against the Euro, the Pound is at the highest level in 3 weeks.

Plans to ease coronavirus lockdowns in the UK and signs the economy may bounce back due to pent-up demand have lifted GBP.

However, analysts warned that Brexit remains a risk for the Pound over the summer months.

Talks between the UK and EU have made little progress. A deal looks miles off.

Now could be a great opportunity for those needing to buy US Dollars or Euros with their Pounds.

If you hold GBP and want to take advantage of current rates, please get in touch with a member of the Key Currency team on +44 (0)1872 487 500.

Or to find out the latest rates, simply click on the link below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Tuesday 9th June 2020 at 09:30

£1.00 GBP = 1.1242 EURO

£1.00 GBP = 1.2652 USD

£1.00 GBP = 1.8312 AUD

£1.00 GBP = 1.9525 NZD

£1.00 GBP = 1.6970 CAD

£1.00 GBP = 21.3300 ZAR

Cle France Currency Guide link

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

Add CommentViews: 1721

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