Rate Alert: Pound surges to highest level since 2022

Despite the festive period, there’s still plenty of action…

In the last few days, the Pound has shot up against the Euro, Aussie, Kiwi and Canadian Dollars.

Pound to Euro is on the brink of its highest levels since the Brexit vote (8½ years ago).

How incredible is that.

And there’s more to come…

We have 9 of the G10 central banks with scheduled meetings in December.

Things kick off tomorrow with the European Central Bank rate decision.

Those thinking of buying Euros soon should be aware of this risk.

Next week the US Federal Reserve and the Bank of England meet on Wednesday and Thursday respectively.

Currency markets are usually highly sensitive to these events.

With the expected volatility in and around Christmas, please make sure to reach out to our team with any currency concerns.

You can call us on 01872 487 500.

To find out our latest rates, please click below.

So what next, what should you do?

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.

To speak to a member of our team, call us on 01872 487 500.

To find out our latest rates, please click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Wednesday 11th December 2024 at 11:30

£1.00 GBP = 1.2125 EUR

£1.00 GBP = 1.2720 USD

£1.00 GBP = 2.0050 AUD

£1.00 GBP = 2.2055 NZD

£1.00 GBP = 1.8045 CAD

£1.00 GBP = 1.1250 CHF

• 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

Overall, Pound Sterling looks in good shape

Exchange Rates Await December Rate Decisions…

Not too much news lately, but plenty of action and overall, Pound Sterling looks in good shape.

GBP to EURO has resumed its uptrend after a wobble at the start of December.

The Pound has also had a good lift against the Aussie and New Zealand Dollars.

GBP to USD is the only major Sterling pair that looks a bit soft.

The big selling we saw in the lead up to the US election has stopped, but the Pound has failed to make much of a recovery against USD and is range-bound at best.

In the absence of news, exchange rates are being driven more by technical trading at present.

But that will change over the next few weeks.

All of the major central banks have rate decisions before Christmas.

Given the volatility we have seen over the last couple of months, please make sure you keep in touch with our team.

You can call us on 01872 487 500.

So what next, what should you do?

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

For any concerns or discussions on your upcoming currency requirements, make sure to reach out to us.

To speak to a member of our team, call us on 01872 487 500.

To find out our latest rates, please click below.

1. Great exchange rates
2. Quick and easy transfers
3. No transfer fees
4. Expert help and guidance
5. Authorised by the FCA

Current rates: 

Wednesday 4th December 2024 at 10:30

£1.00 GBP = 1.2075 EUR

£1.00 GBP = 1.2675 USD

£1.00 GBP = 1.9760 AUD

£1.00 GBP = 2.1700 NZD

£1.00 GBP = 1.7830 CAD

£1.00 GBP = 1.1245 CHF

• 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