with Fiona Warren

Sterling at near 2-year low against euro

A new week has begun however the pound has picked up where it left off at the end of last week by continuing its rapid demise against the euro.

A combination of factors has resulted in the euro now trading at its highest level in 22 months against the pound.

Fear and uncertainty over a possible ‘Brexit’ continues to weigh on Sterling, whilst the euro has recently gained strength due to the increased flow of money into the Eurozone as part of the stimulus package introduced by the European Central Bank.

This move can have a big impact whether you’re sending money to or from Europe – talk to your currency expert today and see what we can do to help you transfer at the right time. Call me on   +33 (0) 438 20 41 35 or 06 43 88 61 82  or email partnersfrance@currenciesdirect.com and cc me at fiona.w@currenciesdirect.com

 We look forward to hearing from you, any questions please contact us, have a great week.

 

Purchase Price

Bank Rate

Bank Transfer  –

CD RATE

CURRENCIES DIRECT –

USING CD YOU SAVE GBP

Client Pays

Client Pays

€ 50,000

1.1830

42,264.0452

1.2196

40,996.1238

1,267.9214

€ 250,000

1.2014

208,096.7343

1.2259

203,934.7996

4,161.9347

€ 500,000

1.2124

412,397.5560

1.2321

405,799.1951

6,598.3609

€ 750,000

1.2223

613,607.6539

1.2409

604,403.5391

9,204.1148

Currency Pair

Currency Description

Currency Rate

GBPEUR

STERLING POUND – EURO

1.2509

EURGBP

EURO-STERLING POUND

0.7994

EURUSD

EURO – US DOLLAR

1.137

EURCHF

EURO – SWISS FRANC

1.0922

EURSEK

EURO-SWEDISH KRONA

9.2466

 

 

 

    

  

Fiona Warren
Regional Coordinator – Pyrenees & Roussillon

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