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Jan 4

Currency Market Update - 4th January 2024

2024 Starts With A Breakout

Plenty of movement out of the blocks in 2024.

The Pound is looking good against the Euro having been stuck for the past 10 days. Looks positive going forward.

Against the Dollar, the opposite has happened.

The Pound has lost a bit of ground in the last few sessions, albeit the GBP/USD rate hit 5-month highs in the last week of 2023.

I would suggest it’s just a bit of profit taking.

In terms of 2024, we think interest rate cuts are coming.

With 2024 being an election year in the US there will be pressure to cut rates.

We expect the US to lead the way with cuts (late Q1 or early Q2) and as usual, the other central banks will follow the leader.

In general, the Pound has upward momentum heading into 2024.

That’s because a UK recession was priced in by many economists and traders, but consensus has changed.

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.

I hope you had a great break over the festive period.

We’re back, rested and ready to go.

If you would like to speak to a member of our team, call us on 01872 487 500.

To find out the latest rates, click below.

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Benefits of using Key Currency:

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Current rates: 

Thursday 4th January 2024 at 11.00

£1.00 GBP = 1.1601 EURO

£1.00 GBP = 1.2705 USD

£1.00 GBP = 1.8863 AUD

£1.00 GBP = 2.0313 NZD

£1.00 GBP = 1.6925 CAD

£1.00 GBP = 1.0805 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.

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  • 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.

Cle France Currency Guide link

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

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Jan 1

New Years Resolution - to learn French

Bonne Année à vous tous !

So what about some 'learning French' New Year's resolutions?

Une Bonne résolution de nouvel an...

Bonne Annee 2014 

Resolution 1: set learning French as a priority.

Fit it in between work, school, family, friends etc. we are all busy, all the time, these days and it can seem impossible to squeeze anything else in. But there are a number of easy ways to fit more French into your life so why not find someone else who wants to learn as well and start a conversation.

Resolution 2: Don't be shy.

Many French learners hesitate to use their French because it's not perfect, don't be one of them - keep practicing, mistakes and all and you will improve.

Resolution 3: Practice French every day.

The more time you spend practicing French, the more quickly you will learn and the better you will become, even if it's just by learning a word a day.

Resolution 4: Read in French.

Read the French news (online or off), read a magazine, a blog, a book, - try to read something in French at least once a week.

Resolution 5: Listen to French.

You don't have to go to France to listen to French - there are all kinds of opportunities on on the internet.

Resolution 6: Join a club or society.

Classes, meetings, internet learning, French movies & DVDs and other opportunities for more French practice are just around the corner, if you look.

Resolution 7: Watch French movies, TV & DVDs.

Make an effort to watch French TV once in a while, you can from the UK with SKY and other TV suppliers. French departments of local colleges sometimes put on plays, and independent cinemas are usually good for a French movie now and then. Join the local library who nearly always have a foreign film section.

Resolution 8: Get rid of mistakes.

If you're like me, there are some mistakes that you make over and over. Resolve to get rid of at least one a week, with regular practice and self-correction.

Resolution 9: Have fun.

French learning doesn't have to be boring - play French scrabble, read comics, listen to music.

Resolution 10: Plan a trip.

Why not put your French to the test? A visit to France on a viewing trip with us may be in order this year - Contact Cle France to set up your viewing trip.

Blog submitted by: Alex at The French Property Network - Cle France.

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Jan 1

New Year's Traditions in France

French Culture – New Year’s Traditions

On this deuxième jour de janvier (second day of January), I’d like to start off by wishing everyone une très bonne année! (a very Happy New Year!) New Year’s provides the French with not one, but two more chances to do what they do best . . . celebrate!

Like most festive French holidays, New Year’s (both le Réveillon et le jour de l’An / New Year’s Eve and New Year’s Day) feature great food and, of course, Champagne!* Many French New Year’s feasts also feature a (or many!) big platter(s) of freshly shucked huîtres (oysters). Shipped fresh from the ports of la Bretagne (Brittany), les huîtres are a favourite of the French for the holidays

Les mois sans ‘r’

While oysters are now consumed year-round, historically eating oysters (and other seafood) in the warmer months could be dangerous for those living far from the shore (no refrigeration meant that delicate seafood could easily spoil in transport). Oysters also reproduce when the water around them gets warm (generally in mid-spring and summer months of mai, juin, juillet, et août / May, June, July, and August) and some find that oysters are not as good at this this time. These two facts resulted in a common French tradition of avoiding oysters in les mois sans ‘r’/months without an ‘r’!

New Years Eve

Le saviez-vous? / Did you know?

Le jour de l’An (New Years Day) was not always January 1st. For centuries, the start of the year varied from country to country and even sometimes by region. In parts of France the new year once started on April 1 (and some say that the tradition of le poisson d’avril dates from this period). It wasn’t until the late 16th century, when Pope Gregory XIII introduced the Gregorian calendar we know today, that January 1 was officially established as the start of the new year (at least throughout the Christian world).

* While most wine-producing countries have some form of vin mousseux/sparkling wine (Prosecco from Italy, Cava from Spain; even France has vin mousseux produced in regions outside Champagne ), Champagne is only Champagne if it is produced in the French region of the same name.

Cle Mortgages

Blog submitted by: Alex at The French Property Network - Cle France.

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Jan 1

Bonne année! Happy New Year!

French Question: Why is it “Le Novel An” and not “Le Nouveau An”?

We wish all of our subscribers a happy and healthy 2024.

Talking about the new year in French can be especially difficult. This is because there are two words that mean “year”–an (m) and année (f), and because both of these words start with a vowel, which can change the word that comes before it.

Cle France Blogs

What’s the difference between an and année? Besides the fact that an is masculine and année is feminine, an describes a particular moment during the year while année describes a span of time (this is similar to the pairs soir and soirée).

Thus, you would say: C’est le jour du nouvel an (It’s New Year’s Day) using an instead of année because you are referencing a particular moment of time during the year (New Year’s Day).

If, however, you would like to wish someone a happy new year, this is over a span of time, which lasts for the entire year. That’s why you use année in the expression “Happy New Year” or bonne année.

But there’s another trick when referencing the new year, or le nouvel an, in French. Because an is masculine, the adjective typically used with it should be nouveau. However, in French, an adjective cannot end with a vowel if the following noun also begins with a vowel (for reason of pronunciation or liaison).

Thus, there is always a masculine form of a word that can be used only in front of masculine nouns that start with vowels. In this case, that would be nouvel. Nouvel is pronounced just like the feminine form nouvelle, so don’t get confused if you hear someone say le nouvel an–this doesn’t mean that an is feminine. (You can also think about the difference between the demonstrative adjectives ce (masculine), cette (feminine), and cet (masculine before a masculine noun that begins with a vowel).

Alors, je vous souhaite tous une bonne année et j’espère que vous avez passé un bon nouvel an avec votre famille!

Bonne année! Happy New Year!

Cle Mortgages

Blog submitted by: Alex at The French Property Network - Cle France.

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Dec 31

How do the French celebrate New Year?

As New Year's Eve is fast approaching we thought we should take a look at how it is celebrated in France and see if we can point out some differences to where you live?

December 31st - New Year's Eve is called la Saint-Sylvestre and is celebrated with a feast by most people, called le Réveillon de Saint-Sylvestre unsurprisingly (31 December is his saint's day). The feast includes special items like champagne and perhaps controvertially foie gras, the accompanying party can range from an intimate dinner with friends to lavish public events most often called une soirée dansante (a dance ball).

Kissing under the mistletoe

At midnight, everyone kisses under the mistletoe and offers their best wishes for the new year. Kissing under the mistletoe? I hear you ask? well, interestingly, kissing under the mistletoe is a New Year's Eve / Day custom in France rather than a Christmas custom as in the UK and other countries. Note that the kissing may be on the lips or on the cheek, depending on the relationship between the two people so if you are not sure then start with the cheek and the French person will take the lead from there!

Happy New Year from Cle France

The end of the holiday season is Epiphany, on 6 January, although I have seen Christmas decoratyion still 'up' and illuminated at night almost as long as up to Easter!, Epiphany in France includes a traditional cake called la galette des rois but if you bite into one becareful as you may break a tooth on the cadeaux often found inside these cakes, but don't worry it means good luck!

Saint Sylvestre was Pope from 314 to 335 A.D., during the time of the rule of Constantine the Great. Although there is no actual link between Saint Sylvestre and the new year, it just that 31 December is his feast or Saint's day. La Saint-Sylvestre is feminine because it's short for la fête de Saint-Sylvestre.

New Year in Bordeaux

New Year’s Traditions in France

Celebrating the New Year is a little different in France than it is in the UK or the US.

Cards.

I hope you were not offended if you got less Christmas cards this year, if it was your first year in france? the French people don’t send Christmas cards! they send New Year’s greeting cards instead, so they is hope yet. So if you are sending cards to people in France, you don’t have to rush, just catch the post for the week inbetween Chritmas and New Year.

People in France continue to wish each other la bonne année throughout the month of January! No interaction is complete in France in the month of January without starting your conversation with Meilleurs voeux (Best wishes).

Etrennes.

It is also common practice in France to give gifts of money to people who serve you on a regular basis, any tips to Cle France staff will be accepted merrily (LOL). The local firemen are the most proactive in my experience and they will knock on your door with the 'excuse' of selling you a calendar, even the garbage man in towns and cities (les éboueurs) may knock on your door. It’s the equivalent of their 13th month, and the French tend to be quite generous so if you want a good service you may have to dig deep.

Le Réveillon.

As you know by now the Christmas Eve dinner is known as le réveillon and so is New Year’s Eve dinner! so easy to remeber even after a galss or two! To distinguish the two, the celebration on the 31st is called la Saint-Sylvestre, or le réveillon de la Saint-Sylvestre. The festive meal is similar to the one shared at Christmas – goose or turkey, oysters, foie gras, Boudin blanc – with the addition of copious amounts of champagne, bien sûr, and dancing and partying long into the night is normal and to be expected.

Metros and public transportation in the large cities are free for the evening to discourage drivers from taking to the road in their cars after indulging which is a very effective policy.

Midnight.

At the stroke of midnight on New Year’s Eve, expect to receive kisses on both cheeks and a hearty bonne année! Fireworks at private parties have been surpressed in the past years due to the dangers, but this is not the case for the local communes who often have a spectacular display and a party for all the villagers.

On New Year’s Day – le jour de l’an.

Parades fill the streets which you can watch in person, if you don’t mind the cold, or on TV from the comfort of your own home, friends house and even in the local sports bar, in fact anywhere where there is a TV it will be tuned to the local 'big town' celebrations!

New Year in Montpellier

The most famous New Year parade takes place in Paris every year. Thousands of performers from all over the world take part in the show with wonderful songs, dances and other cultural activities. The parade goes through the many districts and streets of Paris. Generally, it starts on 31st December and passes through Chantilly to reach Trocardero, under the Eiffer Tower on January 1st.

What about New Years Resolutions?

Le Jour de l'An is the day when people share their resolutions among near and dear friends, you may not get such a warm reply if you ask a neighbour what their resolution is, these are really kept between very close family members. Cards and gifts are exchanged on New Years Day, which reflect the mood and the spirit of the celebration.

This is the perfect time for family members and friends to be with each other. They dine together, have fun and form great memories. I have seen that the chef in the family will prepare heart or log shaped desserts, usually made from ice cream (don't worry these are also widely available in supermarkets across France).

People are highly excited and welcome the fresh year in whole-heartedly in France so all you need to do is join in, not that different to the UK or the US afterall, just jump in and have a good time seems to be the order of the day.

Bonne Année ! from Sharon, David, Simon, Alex and all the team at Cle France.

Happy New Year to you all from Cle France

Blog submitted by: David at The French Property Network - Cle France.

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