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Oct 27

Pound hits 20-month highs

Inflation seems to be on everyone’s lips at the moment.

Only yesterday, Twitter CEO Jack Dorsey predicted “hyperinflation” was on the way.

And the Bank of England recently confirmed it will “have to act” on inflation.

How does that effect currencies?

Well, exchange rates are very sensitive to interest rate changes.

Since the 1990s, we have had very little movement in interest rates. It’s almost become a ‘forgotten risk’.

But with the Bank of England dropping hints about rate rises, it’s giving the Pound a lift. Higher interest rates lift a currencies value.

Against the Euro, the Pound is sitting near 20-month highs.

Against the US Dollar, the Pound has also made gains in the last few weeks, but the overall trend is less clear as the US Federal Reserve is also talking about inflationary risks ahead.

If recent movements in Pound Sterling have been working in your favour, or you need to discuss target rates to aim for, do reach out to our team to discuss how we can help.

As always, we are keeping a close eye on things as they develop and can alert you to the best opportunities as they arise.

To find out our latest rates, click below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Wednesday 27th October 2021 at 09:50

£1.00 GBP = 1.1841 EURO

£1.00 GBP = 1.3731 USD

£1.00 GBP = 1.8326 AUD

£1.00 GBP = 1.9240 NZD

£1.00 GBP = 1.7051 CAD

£1.00 GBP = 20.5820 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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Oct 18

Pound nears 20-month high

After a fairly directionless summer, the Pound has reasserted its strength.

Against the Euro, the Pound is within touching distance of levels last seen in February 2020.

That’s obviously good news for clients buying Euros.

It might be surprising given the UK’s fuel crisis.

But the side effect of the crisis is that the Bank of England may raise interest rates sooner than expected, which has lifted the Pound.

We never get complacent about favourable exchange rate moves. Things can always change suddenly in currency markets.

For example, earlier in the year the GBP was charging up against the US Dollar.

But since June, it’s been trading in a descending channel.

Trends don’t last forever.

As always, we are keeping a close eye on things as they develop and can alert you to the best opportunities as they arise.

To find out our latest rates, click below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Monday 18th October 2021 at 10:50

£1.00 GBP = 1.1861 EURO

£1.00 GBP = 1.3738 USD

£1.00 GBP = 1.8582 AUD

£1.00 GBP = 1.9465 NZD

£1.00 GBP = 1.7023 CAD

£1.00 GBP = 20.2513 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

Add CommentViews: 178
Sep 28

Big Swings bring Big Opportunities

Pound Sterling has been having some big swings against the Euro over the past fortnight.

You can see why given the recent news.

The UK fuel crisis is a potential problem for Sterling, but the Euro has its own problems.

Germany, the EU’s biggest economy, is facing uncertainty with their political powerhouse, Angela Merkel, stepping aside on Sunday after a 16-year reign.

Volatility isn’t necessarily a bad thing.

It can provide an opportunity for both buyers and sellers of Pounds.

Looking ahead, the key news this week is the Bank of England meeting on Thursday.

There’s no expected move in rates, but the focus will be on rising inflation and the tapering of stimulus.

With volatility on the rise, timing matters more than ever.

As always, we are keeping a close eye on currencies, and can alert you to the best opportunities as they arise.

To find out our latest rates, click below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Tuesday 28th September 2021 at 09:30

£1.00 GBP = 1.1698 EURO

£1.00 GBP = 1.3662 USD

£1.00 GBP = 1.8807 AUD

£1.00 GBP = 1.9584 NZD

£1.00 GBP = 1.7281 CAD

£1.00 GBP = 20.6131 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

Add CommentViews: 360
Aug 5

Great News - No need to Quarantine anymore

No need to Quarantine anymore.

The Great News is that from Sunday at 4am there will be no need for a quarantine period when travelling to and from France (for those of you that are double vaxxed).

So for everyone that has been frustrated by not being able to travel to view properties, the final obstacle is about to be removed.

We have thousands of properties for sale to suit all budgets so make your enquiries and book your viewings with us soon.

Have a look at our Guides Page with information on everything from Buying Property in France, Healthcare, Currency Exchange to Living in France Post Brexit.

Download our PDF Guides to help you plan your viewing trip.

Travel Restrictions Lifted

You can read the latest Travel Update on the UK.GOV website here.

Blog submitted by: Sharon Evans - Co-Founder of Cle France.

Cle France Logo

For everything you need to know about French property visit www.clefrance.co.uk

Add CommentViews: 1642
Aug 4

Pound in the spotlight this week

The Pound has started this week on relatively firm footing.

With Covid cases receding in the UK, investors are focusing on the recovery story.

The IMF recently revised its 2021 growth forecast for the UK up to 7% - which is the joint highest growth rate of the major advanced economies (along with the USA).

As things improve, both the UK and US central banks are making noises about tightening their ultra-loose policies.

Speaking of which, the Bank of England meets this Thursday for their monthly chat.

Central bank meetings can be big market movers even if nothing actually happens. That’s because ‘forward guidance’ (hints about the future) is a critical part of their mandate. This will no doubt put the Pound in the spotlight tomorrow.

With so much global uncertainty, there is plenty that could change in the weeks ahead.

For those with currency requirements, it pays to be ready to make the most of opportunities as they arise.

Our team can guide you on current market trends and the best rates available.

To speak to a member of our team, call 01872 487 500.

Or to find out our latest rates just click below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Wednesday 4th August 2021 at 11:20

£1.00 GBP = 1.1752 EURO

£1.00 GBP = 1.3937 USD

£1.00 GBP = 1.8791 AUD

£1.00 GBP = 1.9698 NZD

£1.00 GBP = 1.7468 CAD

£1.00 GBP = 19.8802 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

Add CommentViews: 966

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