The Euro has jumped to its highest point against the Pound since February 2021.

It has been more a case of Pound weakness than Euro strength.

The Pound has been under pressure from weak jobs data.

Average UK pay isn’t keeping up with inflation and unemployment rose too.

The US Dollar is also up against the Pound.

Look out for the Bank of England’s interest rate decision on Thursday.

A 25 basis point increase is widely expected to try and combat high inflation.

The decision will trigger volatility in Pound exchange rates.

With that in mind, now could be a good time to lock-in a rate.

It could pay to speak to your account representative before making your currency transfer.

Call 01872 487 500 or click below to get a free quote today.

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 15th June 2022 at 11:00

£1.00 GBP = 1.1525 EURO

£1.00 GBP = 1.2088 USD

£1.00 GBP = 1.7428 AUD

£1.00 GBP = 1.9352 NZD

£1.00 GBP = 1.5639 CAD

£1.00 GBP = 19.3244 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