Some good news for Euro sellers

As the Euro hits 5-month high against Pound it is good news for sellers in France; and buyers, if sellers want to sell quick a buyer could be in luck.

The Euro is now sitting at 5-month highs against the Pound.

It’s more a case of weakness in the Pound rather than Euro strength.

The Pound has had a few setbacks lately...

Weak retail sales, tiny economic growth and falling inflation numbers mean the Bank of England may cut interest rates next month – which would be bad news for the Pound.

On a more cheery note, the Pound has had a massive jump against the US Dollar in the last 24 hours.

Donald Trump has delayed big trade tariffs, which has sent the US Dollar crashing.

It’s some much needed good news for GBP/USD – which hit 14-months lows before news of the tariff delay.

The Pound is down 2% against the Euro in the last two weeks and almost down 10% against the US Dollar in the past four months.

Volatility in exchange rates is likely to remain high as President Trump gets going.

So what next, what should you do?

Make sure you get in touch with the Key Currency team, so we can keep an eye on rates for you.

You can call us on 01872 487 500.

To learn more or find out our latest rates, click below.

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: 

Tuesday 21st January 2025 at 10:15

£1.00 GBP = 1.1835 EUR

£1.00 GBP = 1.2245 USD

£1.00 GBP = 1.9665 AUD

£1.00 GBP = 2.1760 NZD

£1.00 GBP = 1.7670 CAD

£1.00 GBP = 1.1155 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.

  

• 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

Pound takes a sudden downturn

The Pound has started 2025 on weak footing…

So far, it’s down against pretty much every major currency including EUR, USD, JPY, CAD, AUD and NZD.

In fact, the GBP-USD exchange rate hit a new 14-month low only yesterday.

We have previously spoken about the Pound’s vulnerability heading into this year given what a strong year it had in 2024.

Fortunately for the Pound, the Euro continues to be weak.

The EUR-USD rate just touched a 2-year low.

This week, the main focus will be on UK and US data.

Both countries are due to release their latest inflation and retail sales figures later in the week – this will be market sensitive data.

We start the year with plenty of movement in exchange rates.

Swings of 3% or more in some currencies seem to be fairly common at present, so it’s worth keeping a close eye on rates.

So what next, what should you do?

Make sure you get in touch with the Key Currency team, so we can keep an eye on rates for you.

You can call us on 01872 487 500.

Or to find out our latest rates, click below

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

To learn more or find out our latest rates, click below.

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: 

Tuesday 14th January 2025 at 10:15

£1.00 GBP = 1.1875 EUR

£1.00 GBP = 1.2190 USD

£1.00 GBP = 1.9685 AUD

£1.00 GBP = 2.1710 NZD

£1.00 GBP = 1.7521 CAD

£1.00 GBP = 1.1160 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.

  

• 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