When was the last time you saw the Pound above 1.18 Euro?

22 Months ago, that is when!

A quick heads up for you this morning…

The Pound hit a 22-month highs against the Euro and continues to rise.

So why is this?

With UK inflation coming in higher than expected, a June rate cut is now less likely.

Election results in Europe and a snap election set in France.

The Pound’s strength has caught some investors by surprise given we have a general election looming.

Either way, it’s a very attractive time for buyers of Euros.

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.

Please get in touch to discuss your requirements so we can keep an eye on things for you.

You can speak to us by calling 01872 487 500.

To find out our latest rates, 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: 

Tuesday 11th June 2024 at 09:55

£1.00 GBP = 1.1845 EURO

£1.00 GBP = 1.2725 USD

£1.00 GBP = 1.9280 AUD

£1.00 GBP = 2.0785 NZD

£1.00 GBP = 1.7520 CAD

£1.00 GBP = 1.1415 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

Pound hits highs as rate cuts begin

A new cycle has begun...

The Bank of Canada is the first major central bank to cut interest rates.

The European Central Bank is expected to do the same today.

The more that do it, the easier it is for others to follow.

But futures markets are still undecided on what the Bank of England will do later this month.

The unclear picture is helping the Pound, perhaps only temporarily.

For now, it’s a great time for buyers of Euros as the British Pound is at its highest point against the Euro since August 2022.

The Pound is also on a nice little run against the US Dollar and Canadian Dollar.

Some good opportunities are coming out of the global policy shift.

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.

Please get in touch to discuss your requirements so we can keep an eye on things for you.

You can speak to us by calling 01872 487 500.

To find out our latest rates, 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: 

Friday 7th June 2024 at 10:30

£1.00 GBP = 1.1745 EURO

£1.00 GBP = 1.2790 USD

£1.00 GBP = 1.9180 AUD

£1.00 GBP = 2.0655 NZD

£1.00 GBP = 1.7490 CAD

£1.00 GBP = 1.1375 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