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Jul 24

Currency Market Update - 24th July 2024

Let us help you make the most of your money

Your Weekly Update…

We’ve had a little lull in the Pound after last week’s records.

I suggest it’s nothing more than a bout of profit taking.

The medium-term trends are still positive for GBP/EUR, GBP/USD, GBP/CAD and GBP/NZD.

If you didn’t already know, the Pound is the best-performing major currency of 2024.

This is a mixed blessing.

It’s largely due to expectations that UK interest rates will remain higher than those elsewhere.

Speaking of which, the Europeans have already cut rates in June and are expected to cut again in September.

In the US, rate cuts are “getting close”, with 1-3 cuts expected before year-end.

The UK may have to wait a while with inflation proving a little stubborn and public sector pay rises likely to add more fuel to the fire.

As always, volatility brings risk and opportunities.

A great opportunity for those converting Pounds into a Foreign Currency.

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.

Let us help you make the most of your money.

If you have an upcoming requirement, please get in touch so we can keep an eye on rates for you.

If you would prefer to lock-in a rate and avoid the uncertainty, then please get in touch.

You can call us on 01872 487 500.

Or click below for our latest rates.

Get a Quick Quote

  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 24th July 2024 at 10:00

£1.00 GBP = 1.1905 EURO

£1.00 GBP = 1.2900 USD

£1.00 GBP = 1.9555 AUD

£1.00 GBP = 2.1765 NZD

£1.00 GBP = 1.7790 CAD

£1.00 GBP = 1.1470 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.

    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

  • 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

Add CommentViews: 255
Jul 17

Currency Market Update - 17th July 2024

Rate Alert: Pound hits 23-month high today

A quick heads up for you…

The Pound just keeps hitting those milestone highs.

- Pound to Euro sits at 23-month highs
- Pound to US Dollar at 1-year highs
- Pound to Canadian Dollar at 2-year highs

And the Pound is also up strongly against the Aussie, Kiwi Dollar and the Rand.

A great opportunity for those converting Pounds into a Foreign Currency.

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.

If you have an upcoming requirement, please get in touch so we can keep an eye on rates for you.

If you would prefer to lock-in a rate and avoid the uncertainty, then please get in touch.

You can call us on 01872 487 500.

Or click below for our latest rates.

Get a Quick Quote

  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 17th July 2024 at 11:30

£1.00 GBP = 1.1915 EURO

£1.00 GBP = 1.3040 USD

£1.00 GBP = 1.9320 AUD

£1.00 GBP = 2.1400 NZD

£1.00 GBP = 1.7810 CAD

£1.00 GBP = 1.1570 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.

    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

  • 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

Add CommentViews: 366
Jul 14

Happy Bastille Day

We at Cle France are still working ergh! but... Happy Bastille Day to everyone!

Happy Bastille day from Cle France

What do people do on Bastille day?

Many people attend large-scale public celebrations. These often include:

Military and civilian parades.

Musical performances.

Communal meals.

Dances.

Balls.

Spectacular fireworks displays.

There is a large military parade in Paris in the morning of July 14. Service men and women from various units, including cadets from military schools, the French Navy and the French Foreign Legion, participate in the parade. The parade ends with the Paris Fire Brigade. Military aircraft fly over the parade route during the parade. The French president opens the parade and reviews the troops and thousands of people line the route. Other people spend the day quietly and eat a celebratory meal or picnic with family and close friends.

Some Helpful french phrases.

Cette semaine on fête le 14 juillet ou la fête nationale or Bastille Day as it’s known in English speaking countries. Le 14 juillet is something like la version française (the French version) of the fourth of July.

Pendant le 14 juillet there are a few big celebrations: le défilé militaire (the military parade) during the day and then at night les spectacle de feux d’artifice (the fireworks shows). However, cette semaine (this week) I learned something about les feux d’artifice that I didn’t know before.

Au 13 juillet, while at home I suddenly heard the loud bangs des feux d’artifice going off in the distance. I thought I’d missed le spectacle!

It turns out that les spectacles de feux d’artifice are spread out over a few days. Smaller towns have their spectacles earlier so that everyone is sure to come to the bigger cities during la fête nationale.

One other way to fêter (celebrate) is, bien sûr, to have a good time avec tes amis (with your friends). Just be careful, if you have too much fun you might wake up the next day with la gueule de bois (a hangover)!

Voici un petit vocabulaire de feux d’artifice :

Black snakePharaoh’s serpent le serpent du pharaon

Bottle - rocket la fusée

Firecrackerle pétard

Fireworkle feu d’artifice

Fireworks showle spectacle de feux d’artifice

Fountainla fontaine

Roman candlela chandelle romaine

Sparkler - le cierge magique

Public life

Bastille Day is a public holiday in France so post offices, banks, and many businesses are closed. Restaurants and cafes outside of tourist areas may also be closed. However, bakeries and some stores in Paris, as well as at airports and railway stations and along major highways, are open.

Public transport service schedules vary depending on where one lives and intends to travel. Roads in the centres of villages, towns and cities (particularly in Paris) may be closed for parades and other large public events.

Background

The Bastille is a medieval fortress and prison in Paris. Many people in France associated it with the harsh rule of the Bourbon monarchy in the late 1700s. On July 14, 1789, troops stormed the Bastille. This was a pivotal event at the beginning of the French Revolution. Fête de la Fédération was held on July 14, 1790. This was a way to celebrate the establishment of a constitutional monarchy in France.

Official celebrations were held in Paris on June 30, 1878, to honour the Republic of France. On July 14, 1879, more official celebrations were held. These included a military review in Longchamp near Paris and celebrations all over the country. A politician named Benjamin Raspail proposed that July 14 should become a holiday in France in 1880. The law was enacted on July 6, 1880. Bastille Day was a public holiday for the first time on July 14, 1880.

The military parade in Paris has been held every year since 1880, except during World War II. The Free French Forces paraded on this date in London, England from 1940 until 1944. Jean Michel Jarre held a concert in Paris that attracted one million people, then the largest recorded crowd at an outdoor concert, in 1979. Special celebrations were held for the 200th anniversary of the French revolution in 1989. The French football team became world champions on July 12, 1998. This sparked celebrations throughout France on Bastille Day.

Bastille Day celebrations are held in French communities and the Institut de France around the world. Such events in the United States are held in Milwaukee, Minneapolis, New York City, Philadelphia, San Francisco and Seattle. There are festivals of French culture in Franschhoek, South Africa, and Hungary.

Symbols

The Eiffel Tower in Paris and the French national flag, or tricolour, are important symbols of Bastille Day. The French national flag is one-and-a-half times as wide as it is tall. It consists of three vertical bands of equal width coloured blue, white and red. The same colours are displayed in bunting and banners of many shapes on Bastille Day. People may also wear clothing or face paint in these colours.

health insurance

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

Add CommentViews: 7421
Jul 12

A Gentle Suggestion For You

No Hard Sell, No Pressure, just a Heads-Up For You.

Now is a good time to...

Read our Property Guides, Why ?

Have you seen the Pounds strong performance today?

The exchange rate is topping 1.19 Euro to £1.00 today.

Some reasons could be -

New UK Government?, Inflation dropping?, Interest rate cut on the cards?, Banks looking to reduce mortgage rates?

There is a lot happening so as you are thinking about buying property in France in the future then our popular and helpful Property Guides are free for you to download, they are in plain English and ideal for people who want to Buy, Sell, Holiday and of course Live in France Post Brexit.

Get expert advice about the Buying & Selling process in France, Post Brexit rules, Healthcare, Currency Exchange and much more.

Get Your Free PDF Guides here

Do You Need More Detailed Information ?

Perhaps you are planning a viewing trip soon or thinking of making an offer on a property.

Click below for a free quote...

Get a Quick Quote

Kind regards, 
David Evans 
Co-Founder of Clé France.

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Jul 12

Bastille Day - Marianne

July 14th (le 14 Juillet), Bastille Day, is the French national holiday commemorating the start of the French revolution in 1789. The end of the French revolution led to a series of Republics, one of the symbols of which is la Marianne.

Named for the two most common woman’s names at the time, Marie and Anne, Marianne is a national symbol of France representing liberty and the importance of reason. Her image appears on stamps, on government documents, and a bust of her appears in les mairies (the town / city halls) of France.

Early images of Marianne were based on anonymous models, however since 1969 they have been based on the features of famous woman including Brigitte Bardot, Catherine Deneuve, the model Inès de La Fressange, and more.

Cle France Marianne

Cle Mortgages

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

Add CommentViews: 7130

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