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Pound hits 2-month high against Euro

With Boris Johnson finally resigning, the Pound rebounded to a 2 month high against the Euro.

Longer-term though, the Pound’s prospects reflect the UK’s shaky economic outlook.

As a result, now could be a good opportunity for Euro buyers.

The US Dollar is at a near 20-year high against the Euro as the US economy looks in better shape than elsewhere.

Europe’s biggest economy, Germany, recorded its first trade deficit in 30 years.

The Germans running a trade deficit is unheard of.

Very unusual times indeed.

It seems the longer the war in Ukraine rumbles on, the worse things look for the Euro.

Uncertainty in the UK and Europe means currency market volatility is likely to continue.

If you have a currency transfer in mind, you could save money by discussing it with your account manager.

Get a free exchange rate quote below or give us a call on 01872 487 500.

Current rates: 

Wednesday 13th July 2022 at 11:30

£1.00 GBP = 1.1851 EURO

£1.00 GBP = 1.1900 USD

£1.00 GBP = 1.7542 AUD

£1.00 GBP = 1.9387 NZD

£1.00 GBP = 1.5482 CAD

£1.00 GBP = 20.2027 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.

    Brexit Guide Download

  • 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


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