Gatehouse Estate

Best time to Sell the USD, Dollar?

Daily Foreign Currency Exchange News: 27th September, 2010

Is now the best time for Buying or Selling the US Dollar?

US Dollar: Chatter in the global currency exchange commnity sees the Dollar at risk of further declines as there’s strong suggestion from the Fed that Quantitative Easing may be on the way. View our currency converter to compare the dollar against your currency.

Euro: The euro is suspiciously high, according to some global currency exchange analysts. As European Members report ever-greater debts, investors continue to ignore the facts before them. In some cases, we’re at 4-month highs. Questions are now beginning to surface about just how long the euro can continue this rally. The Eur/usd is now just below the 1.3500 level. This is a significant level. If the euro breaks through, and holds above, 1.35, we may see some speculators leave the currency on a grand scale.

Australian Dollar: Trends indicate that the aud will go higher against the usd this week. After a climb of 2.36 percent, the Australian Dollar is beginning to top-out, some believe.

GBP/USD: The Pound Stirling has moved little against the USD this morning. As mentioned on Friday, the pair have remained trading within a tight band, and just above 1.5800.

GBP/JPY: The Pound has remained steady against the Yen, despite the Bank of Japan’s second intervention last week. They remain at around 133.30.

USD/JPY: A significant differnce between the Dollar and the pound, is the fact that the usd/jpy has reached a fresh low of 84.18. Friday’s sell-off from 85.40 to 84.12, suggests a decline.

We report on the current foreign exchange movements and offer our clients the very best currency exchange rates available. Our speciality is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here

Buy and sell currency at the best foreign exchange rates available today through FX-ForeignExchange

This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-ForeignExchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

Dollar has started to strengthen

The US Dollar has just started to gain in value against other major currencies. Time for action, if you are looking to buy Dollars at some point soon.

If you have USD, this could be the time to buy dollars and sell GBP, Pounds Sterling, or Euros.

GBP: USD. In May 2010, the USD was worth $1.43 to £1. It was trading this morning a £1.5970 to £1.

However, the Dollar has started to gain back already.

Here is a chart showing the recent performance of the Pound against the dollar. This demonstartes the recent trend, but the dollar has now turned, and is strengthening. Catch it while you can.

.

EUR:USD. In december 2009 you could buy €1.50 for every $1. during 2010, the EUR strenghened against the Dollar to around €1.21 to every $1. Recently, the dollar has strenghened against the euro to around €1.32 to $1.

Today, it looks like the dollar is strengthening. Here is a chart demonstrating the recent downturn in value of the dollar against the euro. What has happened today, is an about-turn, and the dollar is rising.

The main message?

  • If you have a large amount of Dollars… do something! If you want to buy your currency ahead of time, you can. With just a 10% deposit, you can fix the usd rate now, and pay the balance at a fixed point in future but keeping the current rate.
  • If you want to buy Dollars, talk to one of our currency dealers and they will set a rate at which they will contact you so that you can buy your Dollars at the best price possible.

The easiest way to look at this is; if you need to change your money at some point and you need to achieve a certain amount, then you have these options:

  1. Exchange all of your Dollars at today’s rate. This is called a SPOT Contract. It ensures that you fix the rate today and you get your money transferred, to where it needs to be, in good time.
  2. Exchange some of your Dollars and risk the exchange rates going in your favour by the time you need to have the rest of the money changed. This is HEDGING in its simplest form. It does mean you can sleep at night, safe in the knowledge that you’ve made sure you don’t lose too much if the rates don’t go your way.
  3. Exchange your Dollars, at today’s exchange rate, with just 10% deposit. Then pay the balance when you need the money in the future. This is called a FORWARD Contract. This is the way that most of my clients are now exchanging their money. By paying just a 10% deposit, our clients can relax, safe in the knowledge that they have the right amount of money for their property purchase.

Of course, this doesn’t just apply to Dollars. It applies to any tradeable currencies.

If yo have any questions on exchanging your currency, please email me, or call 0044 (1)480 458400

Best Foreign Exchange rates Today

Get the best currency exchange rates today.

Challenge us to beat your bank. We will save you money on:

  • A better currency exchange rate
  • No transfer charges
  • No commission charges
  • local bank receiving charges in certain countries.

On a £10,000 transfer, and exchange to euros, we could save you over £800.

GLOBAL CURRENCY EXCHANGE Rates - aed,gbp,jpy,eur,cad,aud,usd

 

Get the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) and we’ll quote you the best exchange rate for Euro, usd, gbp, aed and more. Alternatively, fill in the short form below, and we will get back to you with the best foreign currency exchange rate.

 

 

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Australian Dollar takes a pounding

A quick alert bulletin on the Australian Dollar

One of the major currencies saw substantial movement yesterday and you may wish to take advantage of this.

The Aussie dollar has had a rough ride on the currency markets for around a month. But the AUD dipped substantially yesterday against the US Dollar, Pound and the Euro.

Now could be a good time make your move as this slide has taken a very dramatic turn.

Yesterday:

  • The Aussie dollar lost around 2 cents against the US Dollar.
  • The Euro gained around 4.5 cents.
  • The Pound gained around 4.4 cents

Just a month ago, the Aussie dollar was at 0.92 against the USD. It’s dipped today to 0.8356.

If you’d like to discuss how we can help you to buy, or sell Australian Dollars, please get in touch soon. If you don’t have the full amount to trade now, but would like to buy straight away, we can do this by using a 10% deposit.

Set your price here, and we will get back to you.

Market comment - time to sell Euros?

Tuesday 18th May, 2010, Global Currency Exchange market comment

Is the euro weakening further? Stop the slide if you have to sell Euros by buying a forward contract with just a 10% deposit.

Yesterday was a fairly quiet day for currency rates, with the Euro consolidating a little after its rapid descent. Don’t expect this to be the end of the euro slde though. The markets show large numbers of speculators don’t have much faith in the Euro at present.

Euro: The new belt-tightening approach in the Eurozone will do nothing for confidence in the euro as the policy will ensure that economic growth is likely to remain extremely restricted for quite some time. This will ensure that the interest rates will remain low and will ensure that the ECB will have to tighten spending further.

GBP:Eur. The pound continues to maintain station comfortably above 1.15 euros and is expected to gain a little. This is more due to the weakness of the euro though. As the UK chancellor’s first budget draws nearer, it will be fascinating to see how jittery the market will become. If you’re holding out to change GBP into EUROs, don’t hold off too long. contact us here, and let us know what rate you need. We’ll let you know if it gets there.

GBP:USD. The Pound hasn’t performed so well against the dollar and continues to slide. As commented yesterday, currency buyers just want to buy Dollars.

AED: As the aed is pegged to the USD, this could be a great time to sell aed and buy euros, pounds or Australian dollars. The AUD is very weak against the AED and US Dollar at the moment.

Talk to us about placing just a 10% deposit down, and fixing your currency deal at the best exchange rates today. It could save you thousands.

Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates. If you prefer, contact us by email here

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Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value. Sorry, we don’t handle cash in any way.

To buy or sell euros, dollars or pounds..?

Monday 17th May, 2010, Currency Market comment for today. Buy and sell at the right time.

Trying to choose the best time to buy, or sell, aed, usd, euros , aud or pounds? Let us know what exchange rate you need and we will let you know when it reaches the rate. Use our Rate Watch on the right.

There seems to be no end to the current institutional need to buy US Dollars, and sell Euros and Pounds. This “herd mentality” seems to be growing, rather than abating, as everyone heads for the perceived safety of the USD and Gold. Is this a good time to sell Euros or Pounds in favour of US Dollars? Maybe. The current situation does seem very similar to Autumn 2008 where the USD was bought to the virtual exclusion of any other financial asset.

EUR: USD. The Euro has now dipped below the $1.25 level and seems to be headed towards $1.20. The market is clearly concerned about the Eurozone’s ability to cope with the austerity packages and bail-outs. Combine this with the perceived ability of the US to outperform Europe, despite its fiscal issues. email us to set a rate to sell your euros at.

GBP:USD. Pound sterling has today fallen to around $1.44. This would seem to be following the same pattern as the Euro against the USD. However, The Bank of England may be getting ready to back what they call a “very strong and powerful agreement” between the the new Conservative-Liberal government. Expect some decisive action from the new chancellor in the up-coming “emergency budget”.

GBP:EUR. It would seem that, if the markets are forced to choose between the EURO and the POUND, they prefer to invest in the pound. GBP:EUR is still above 1.15

Talk to us about placing just a 10% deposit down, and fixing your currency deal at the best exchange rates today. It could save you thousands.

Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates. If you prefer, contact us by email here

save_money_currency_exchange_services

Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value. Sorry, we don’t handle cash in any way.

Today’s Market Comment on Currency values

Friday 14th May, 2010. Global Currency Market Comment

Looking to buy or sell currency now? Use the currency converter on the right, and get the best exchange rates today.

Yesterday, was yet another turbulent day for both Sterling and the Euro. Both currencies lost ground against the US Dollar in particular. Now that the UK election result is agreed, all attention has turned on the uncertainty before the UK Chancellor’s emergency budget due within the first 50 days.

GBP: USD. The pound started off well enough at about $1.49, but sank to below $1.46 this morning. It would seem that the market currently prefers dollars, but that may change following the announcement in the US, that eight banks are facing investigation into the ratings of their mortgage products in the run-up to the financial crisis.

EUR:USD. It isn’t clear why the euro is struggling so much, given that the Eurozone has recently announced some reasonable economic data. It’s possible that the markets are becoming more anxious about the medium term prospects of theeconomic recovery in Europe. The Euro has dropped to close to $1.25. If the markets are concerned, expect this to go lower.

GBP:EUR. Early on in March, 2010, we saw the €1.10, now we’re regularly seeing €1.17 to €1.18. The last time we had rates like this, was between mid-june and early August 2009. After then, it dropped suddenly to €1.07, and we had many customers who had held off. They lost their opportunity.

With the currency rates altering as quickly as they are, we suggest you choose from the following:

  1. If the rate suits you now, make that exchange. It may go a bit more in your favour, but it’s just as likely to go against you.
  2. If the rate doesn’t suit you, contact us here, and let us know what rate you need. We will put you on our “Rate watch” list and contact you as soon as your rate is achieved.

Talk to us about placing just a 10% deposit down, and fixing your currency deal at the best exchange rates today. It could save you thousands.

Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates. If you prefer, contact us by email here

save_money_currency_exchange_services

Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value. Sorry, we don’t handle cash in any way.

Global Currency exchange rates news today

Thursday 13th May, 2010. Global Currency Exchange rates Market Comment

Yesterday, we saw a much improved day for the currency markets. There was a widespread recovery in share prices and the generally positive economic data did much to improve the Pound rate, particularly against the US Dollar and the Euro.

In the UK, the new Government has announced that it will cut public spending by £6bn in this fiscal year as an immediate step in a broader commitment to tackle the budget deficit. This was well received by the markets and gained the Bank of England’s support.

EUR: GBP. Today, we have seen the Euro gain a little against the pound, but most people believe that the Pound will continue to gain against the Euro. So Now could be a good time to call or email a currency dealer to discuss buying a forward currency contract if you have Euros to sell and pounds to buy.

AED: AUD. If you have AED, UAE Dirhams, and are looking to buy Australian Dollars, now could be a good time to buy. The aed has gained about 10% over the last year and seems to be peaking.

USD: EUR. The USD has moved considerably against the Euro to about 1.26 from a peak of 1.5 in just a matter of months. The value dropped to about 1.25, so we may have seen the bottom of the dip. If you have AED, or USD, and you want Euros, this could be the time to buy Euros.

Talk to us about placing just a 10% deposit down, and fixing your currency deal at the best exchange rates today. It could save you thousands.

Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates. If you prefer, contact us by email here

save_money_currency_exchange_services

Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value. Sorry, we don’t handle cash in any way.

Is this the time to Buy Pounds and Sell Euros?

Looking to sell, or buy, euros and pounds?

(comment added on 5th July, 2010) This is an old article I wrote in February, 2010. To buy, or sell euros and pounds today, please visit our Foreign Exchange provider here and discuss your foreign exchange requirements with a currency dealer.

Some of you may recall my article on the 27th of January.. “Is this a good time to buy euros with pounds?” Well, it transpires that it was. Now the situation has reversed.

sell euros buy poundsToday, Feb 10th, 2020, The GBP, Pound, has dropped since then against the euro. We had a case, this week, where a customer may not have been able to complete on his house purchase as the exchange rate had dropped so much that there was a shortfall of a few thousand euros on completion day.

This could have been overcome if the client had bought a Forward contract at the better exchange rate that existed on the 27th of January.  If he had done this, he wouldn’t have been short of a few thousand euros on the property completion day.

So,…. Is it a good time to sell euros and buy pounds? Probably. No-one can say for sure, but it would appear that the pound is as weak as the euro, when compared to the US Dollar and the Yen. The eurozone is still dragging the Greek finance problem around and the Pound is still suffering from a wave of poor economic results. So, some would say that the Euro and the Pound have levelled off. Experience shows that this staus quo rarely remains for long.

The easiest way to look at this is; if you need to change your money at some point and you need to achieve a certain amount, then you have these options:

  1. Exchange all of your Pounds for euros at today’s rate. This is called a SPOT Contract. It ensures that you fix the rate today and you get your money transferred, to where it needs to be, in good time.
  2. Exhange some of your Pounds for Euros and risk the exchange rates going in your favour by the time you need to have the rest of the money changed. This is HEDGING in its simplest form. It does mean you can sleep at night, safe in the knowledge that you’ve made sure you don’t lose too much if the rates don’t go your way.
  3. Exchange your Pounds for Euros, at today’s exchange rate with just 10% deposit. Then pay the balance when you need the money in the future. This is called a FORWARD Contract. This is the way that most of my clients are now exchanging their money. By paying just a 10% deposit, our clients can relax, safe in the knowledge that they have the right amount of money for their property purchase.

Of course, this doesn’t just apply to Pounds and Euros. It applies to any tradeable currencies and we can deal in smaller amounts of currency.

Contact me here, for some free advice on how to get the best currency exchange rates to suit your circumstances.

Use a Currency Dealer for your Business Transfers Overseas

It’s likely that you’ve already used our Currency transfer services for your own personal use.

Maybe you bought, or sold, a property overseas, or you need to regularly transfer money to pay for bills abroad. Some of our clients just use us to occasionally transfer their wages.

However, few are aware that we have busy section to our business that deals entirely with business transfers.

Why use a currency broker, rather than your business bank, to make transfers overseas?

They are all the same reasons that you used us in the first place!

  • We offer better exchange rates
  • We transfer to most countries for FREE
  • We are currency exchange professionals.

Currency exchange is all we do, so we are well positioned to aid your business. We don’t just save you money on costs. We help you to make money by aiding you to manage your business risk better.

How do we help you to manage your business risk when trading overseas?

Fluctuations in local currency can have an impact on your profit. If unfavourable changes in currency levels occur between your decision to commit to a contract, and when you have to pay for it, then your business will lose margin.

There’s a simple remedy. Buy a time option forward currency contract and fix the rates for a reasonable period. This could be for the duration between your tender acceptance and the moment when you may have to pay for goods or services. Your profit margin is then fixed and you can go about your business… what you do best.

We can also help by micro-managing the currency purchases that you make. We don’t charge for this service, it’s what we do all of the time for clients! We can then alert you when the rate has come close, or achieved, to what you desire.

Payroll services for staff overseas.

We have many business clients who now ask us to make the payroll transfers for staff overseas, each month. Some are happy to simply make the payment on a particular date each month, but most prefer us to keep an eye on the rate for them with a one-week window at the end of the month. We then contact our clients as soon as the rate seems to have peaked, so that they can take advantage of the best rates available. This isn’t something a bank offers.

In addition to Free currency transfers, we offer:

  • Better exchange rates than the banks
  • A dedicated currency dealer
  • A Rate Watch service

If you are already using us for your currency exchange, consider how much we could help your business to retain profits in these difficult times.

Please contact your local currency dealer FX-Foreignexchange here to discuss our business services further.

Buy Currency Online

If you have a relatively small foreign currency transaction to make, take advantage of our online currency buying facility.

buy money onlineIf you need to instruct us to make a transfer, but it’s out of hours, this system is ideal. Just login HERE and put the currency amount you wish to buy / sell in. The system will them clearly state how much you will either need to pay, or how you will receive. If you’re happy, then it’s as easy as buying anyth else online! It’s safe and uses our SECURE SERVER.

This service is available to any client who is currently registered with GCEN. In order to use this facility, all you will need is:

  • your CLIENT NUMBER
  • your PASSWORD
  • your DESTINATION BANK account details
  • and a DEBIT/CREDIT CARD for payment.

If you aren’t yet registered or can’t remember your number or password, please contact one of our dealers here.

You can buy all deliverable currencies and sell the following currencies:

British Pounds, Australian Dollars, Utd Arab Emirate Dirhams, Euros and US Dollars.

If you wish to sell other currencies, please contact your GCEN dealer.

There is a new lower limit, per deal, of just £200 (or equivalent value) and you can buy up to £5000 or equivalent value. If you wish to trade above these values, please email, or call, your GCEN dealer.

Could Aussie Dollars have Peaked?

aud.usd exchange rates. 1 year

AUD vs USD over the past year.

Australian Dollars have just started to recede from their highest position for years. Could this be the time to sell your dollars for any other Major currency such as sterling, USD, Japanese yen or the Euro?

You don’t have to have all of the money for the deal. With FX-foreignexchange, you just need 10% as a deposit on a “time option forward currency contract”. You can then sitback and relax if the rates drop!

If you have Australian Dollars and have been thinking of selling your aud, perhaps now is the time to take advantage of this great exchange rate. This could be an ideal time to buy a time option forward currency contract. By making a time option version of a forward currency deal, you can draw off the total deal when it suits you at the original preferential rate you’ve bought at. More on time option forward currency contracts here.

For the many of our customers who buy aed, uae Dirhams, with AUD, this is a great opportunity as the aed is pegged to the US Dollar.

Just call Zoe for an up-to-date price 0044 1480 458400. Email Zoe.

FX-Foreignexchange provides an experienced and professional currency exchange brokerage for those seeking the best foreign exchange rates today.

Is Now a Good Time to Buy USD, US Dollars?

Buy and Sell USD, Dollars, as the rates are good at the moment.

Ask about our “Buy now - Pay Later” time option forward contract which allows you to put down just 10% deposit, with the balance payable in the future. This fixes the exchange rate now, while the rates are good.

Here are the British Pound sterling rates today versus other currencies including AED Dirham of Dubai and Abu Dhabi, euros, USD, Canadian and Australian dollars together with Japanese Yen can be bought and sold through our global currency exchange network at the best currency exchange rates available today.

The exchange rates for currency, London pound sterling, GBP, for the morning of 3rd December 2009 are shown below. For LIVE CURRENCY RATES use the button on the right and take advantage of the most efficient currency exchange service available.

Currency Code GBP/1 Unit Units/1 GBP
Utd. Arab Emir. Dirham

AED

0.1638

6.1106

Australian Dollar

AUD

0.5572

1.7952

Canadian Dollar

CAD

0.5747

1.7406

Swiss Franc

CHF

0.6016

1.6628

Egyptian Pound

EGP

0.1108

9.1577

Euro

EUR

0.9067

1.103

Hong Kong Dollar

HKD

0.07759

12.8901

Indian Rupee

INR

0.01301

77.026

Japanese Yen

JPY

0.006905

144.859

New Zealand Dollar

NZD

0.4368

2.2903

Polish Zloty

PLN

0.2209

4.5394

Russian Rouble

RUB

0.02058

48.6166

Swedish Krona

SEK

0.08746

11.4497

Thai Baht

THB

0.01817

55.241

US Dollar

USD

0.6013

1.6632

East Caribbean Dollar

XCD

0.2252

4.4906

South African Rand

ZAR

0.08231

12.1733

save_money_currency_exchange_services

Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value.

Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates.

Bur or Sell AED, UAE Dirhams, of Dubai and Abu Dhabi at Best Prices



Currencies - Cross Rates

 AUDEURGBPUSDCHFAED
AUD10.73160.630850.984920.904333.62178
EUR1.3668710.862291.346261.236094.9505
GBP1.585161.159711.561251.43355.74109
USD1.015310.74280.6405110.918173.67723
CHF1.10580.8090.697591.0891214.00495
AED0.276110.2020.174180.271940.249691
Other Currencies
Live currency exchange rates are shown in the table above. They are updated every 12 minutes and display the mid rate between the buy and sell rates.

To view the exchange rates on the date that this post was published, view below.

We buy and sell many more currencies that the ones shown. To find out what the current exchange rates are for other currencies, just use our currency converter tool, or click “Other currencies” below the table. No commission and No transfer fees.

Is it safe? See our Security & regulations information. Make Transfers: OPEN A CURRENCY EXCHANGE ACCOUNT HERE

Open a currency trading account

Buy and Sell AED, UAE Dirhams, of Dubai and Abu Dhabi at the best rates available today.

The British Pound sterling rates today versus other currencies including AED Dirham of Dubai and Abu Dhabi, euros, USD, Canadian and Australian dollars together with Japanese Yen can be bought and sold through our global currency exchange network at the best currency exchange rates available today.

The exchange rates for currency, London pound sterling, GBP, for the morning of 2nd December 2009 are shown below. For LIVE CURRENCY RATES use the button on the right and take advantage of the most efficient currency exchange service available.

Currency Code GBP/1 Unit Units/1 GBP
Utd. Arab Emir. Dirham

AED

0.1649

6.0694

Australian Dollar

AUD

0.5568

1.7967

Brazilian Real

BRL

0.349

2.8748

Canadian Dollar

CAD

0.5768

1.7344

Swiss Franc

CHF

0.6042

1.6555

Egyptian Pound

EGP

0.1113

9.1077

Euro

EUR

0.9112

1.0976

Hong Kong Dollar

HKD

0.07812

12.8038

Indian Rupee

INR

0.01307

76.6807

Japanese Yen

JPY

0.006976

143.382

New Zealand Dollar

NZD

0.4374

2.2875

Russian Rouble

RUB

0.0208

48.0991

Thai Baht

THB

0.01827

54.9832

US Dollar

USD

0.6054

1.6521

East Caribbean Dollar

XCD

0.2267

4.4605

Platinum (oz.)

XPT

900.819

0.001117

South African Rand

ZAR

0.0822

12.1888

save_money_currency_exchange_services

Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value.

Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates.

How to Buy a Forward Currency Conract, and Save money

How to Buy a Forward Currency Contract.

If you have a need to fix a currency exchange rate today, for a payment date at some future point, then you are likely to need a Forward Currency Contract.

  • You may have agreed to buy a property today, but the completion of the legal paperwork may be set for 2 month’s time
  • You may be in business, and need to fix the price of ordered imports at today’s exchange rate. Especially, if you anticipate that the exchange rate may not be as much in your favour when you need to pay for the goods.
  • You may work abroad and have a need to regularly transfer a sum of money, but you believe that the exchange rate is at it’s best today

 As long as you believe that the exchange rate is good , and you have 10% of the full amount you want to buy, then a Forward Currency Contract could be the choice for you.

Here’s an example:

  1. You agree to buy a property for 200,000 Euros and you have your money currently in Pounds Sterling.
  2. You are planning to have a 100,000 euro mortgage, so you need to buy 100,000 euros with pounds.
  3. The exchange rate is at the best rate for selling pounds to buy euros for a while.
  4. In this example, the GBP:EUR exchange rate is 1.17 to 1, then the property is costing you £170,940.

If the exchange rate changes to 1.08 by the time that you need to change the money, then the price of the property effectively goes up by £14,245 to £185,185.

As you will be changing half of that amount, you will need to find an extra £7122 on the completion date.  

To avoid this, all you have to do is:

  • Agree to buy €100,000 today, at a rate of 1.17, but send your currency dealer just 10% as a deposit.
  • Pay the balance on the day that the contract ends, which can be set for over a year’s time.

The downside? Well, of course, the exchange rate may go the other way. But, you will at least have the comfort of knowing that the price of your property purchase is fixed.

FAQ: Can I have the money earlier than planned?

Yes, because your currency can create the currency exchange as a “Time Option Forward Currency Contract”. Provided you send the money to the currency broker, they will change it and send it to wherever you ask at any date before the final day of the contract.

To discuss how your currency dealer can help you with a Forward Currency Contract, please speak to Zoe on 0044 (0)1480 458400. www.fx-foreignexchange.com

Buy and Sell US Dollars at the Best Exchange Rates Today



Currencies - Cross Rates

 AUDEURGBPUSDCHFAED
AUD10.73160.630850.984920.904333.62178
EUR1.3668710.862291.346261.236094.9505
GBP1.585161.159711.561251.43355.74109
USD1.015310.74280.6405110.918173.67723
CHF1.10580.8090.697591.0891214.00495
AED0.276110.2020.174180.271940.249691
Other Currencies
Live currency exchange rates are shown in the table above. They are updated every 12 minutes and display the mid rate between the buy and sell rates.

To view the exchange rates on the date that this post was published, view below.

We buy and sell many more currencies that the ones shown. To find out what the current exchange rates are for other currencies, just use our currency converter tool, or click “Other currencies” below the table. No commission and No transfer fees.

Is it safe? See our Security & regulations information. Make Transfers: OPEN A CURRENCY EXCHANGE ACCOUNT HERE

Open a currency trading account

Buy and Sell foreign currency at the best rates available today.

The British Pound sterling rates today versus other currencies including AED Dirham of Dubai and Abu Dhabi, euros, USD, Canadian and Australian dollars together with Japanese Yen can be bought and sold through our global currency exchange network at the best currency exchange rates available today.

The exchange rates for currency, London pound sterling, GBP, for the morning of 1st December 2009 are shown below. For LIVE CURRENCY RATES use the button on the right and take advantage of the most efficient currency exchange service available.

Currency Code GBP/1 Unit Units/1 GBP
Utd. Arab Emir. Dirham

AED

0.165

6.0631

Australian Dollar

AUD

0.5545

1.8043

Brazilian Real

BRL

0.3476

2.8864

Canadian Dollar

CAD

0.5735

1.7446

Swiss Franc

CHF

0.6042

1.6556

Egyptian Pound

EGP

0.1117

9.0836

Euro

EUR

0.9109

1.0981

Hong Kong Dollar

HKD

0.07821

12.7896

Indian Rupee

INR

0.01305

76.9883

Japanese Yen

JPY

0.007013

142.635

New Zealand Dollar

NZD

0.4342

2.3044

Polish Zloty

PLN

0.2197

4.5648

Russian Rouble

RUB

0.02075

48.2176

Swedish Krona

SEK

0.08708

11.5013

Thai Baht

THB

0.0183

55.01

US Dollar

USD

0.6061

1.6502

East Caribbean Dollar

XCD

0.2405

4.2079

South African Rand

ZAR

0.08209

12.2122

save_money_currency_exchange_services

Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value.

Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates.

Buy and Sell Pounds at the Best exchange Rates Today



Currencies - Cross Rates

 AUDEURGBPUSDCHFAED
AUD10.73160.630850.984920.904333.62178
EUR1.3668710.862291.346261.236094.9505
GBP1.585161.159711.561251.43355.74109
USD1.015310.74280.6405110.918173.67723
CHF1.10580.8090.697591.0891214.00495
AED0.276110.2020.174180.271940.249691
Other Currencies
Live currency exchange rates are shown in the table above. They are updated every 12 minutes and display the mid rate between the buy and sell rates.

To view the exchange rates on the date that this post was published, view below.

We buy and sell many more currencies that the ones shown. To find out what the current exchange rates are for other currencies, just use our currency converter tool, or click “Other currencies” below the table. No commission and No transfer fees.

Is it safe? See our Security & regulations information. Make Transfers: OPEN A CURRENCY EXCHANGE ACCOUNT HERE

Open a currency trading account

Buy and Sell foreign currency at the best rates available today.

The British Pound sterling rates today versus other currencies including AED Dirham of Dubai and Abu Dhabi, euros, USD, Canadian and Australian dollars together with Japanese Yen can be bought and sold through our global currency exchange network at the best currency exchange rates available today.

The exchange rates for currency, London pound sterling, GBP, for the morning of 24th November 2009 are shown below. For LIVE CURRENCY RATES use the button on the right and take advantage of the most efficient currency exchange service available.

Currency Code GBP/1 Unit Units/1 GBP
Utd. Arab Emir. Dirham AED 0.1644 6.0884
Australian Dollar AUD 0.5561 1.7989
Brazilian Real BRL 0.3499 2.8652
Canadian Dollar CAD 0.5687 1.7593
Swiss Franc CHF 0.5967 1.6764
Egyptian Pound EGP 0.1115 9.1017
Euro EUR 0.902 1.1089
Hong Kong Dollar HKD 0.07788 12.8442
Indian Rupee INR 0.01301 77.2778
Japanese Yen JPY 0.006788 147.353
New Zealand Dollar NZD 0.4406 2.271
Polish Zloty PLN 0.2193 4.5722
Russian Rouble RUB 0.02095 47.7622
Swedish Krona SEK 0.08783 11.4018
Thai Baht THB 0.01823 55.2284
US Dollar USD 0.6035 1.6572
East Caribbean Dollar XCD 0.226 4.4745
South African Rand ZAR 0.08032 12.4798

save_money_currency_exchange_services

Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value.

Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates.

Buy and Sell Euros at Best Rates Today vs Pounds, Dollars, aed



Currencies - Cross Rates

 AUDEURGBPUSDCHFAED
AUD10.73160.630850.984920.904333.62178
EUR1.3668710.862291.346261.236094.9505
GBP1.585161.159711.561251.43355.74109
USD1.015310.74280.6405110.918173.67723
CHF1.10580.8090.697591.0891214.00495
AED0.276110.2020.174180.271940.249691
Other Currencies
Live currency exchange rates are shown in the table above. They are updated every 12 minutes and display the mid rate between the buy and sell rates.

To view the exchange rates on the date that this post was published, view below.

We buy and sell many more currencies that the ones shown. To find out what the current exchange rates are for other currencies, just use our currency converter tool, or click “Other currencies” below the table. No commission and No transfer fees.

Is it safe? See our Security & regulations information. Make Transfers: OPEN A CURRENCY EXCHANGE ACCOUNT HERE

Open a currency trading account

Buy and Sell foreign currency at the best rates available today.

The British Pound sterling rates today versus other currencies including AED Dirham of Dubai and Abu Dhabi, euros, USD, Canadian and Australian dollars together with Japanese Yen can be bought and sold through our global currency exchange network at the best currency exchange rates available today.

The exchange rates for currency, London pound sterling, GBP, for the morning of 23rd November 2009 are shown below. For LIVE CURRENCY RATES use the button on the right and take advantage of the most efficient currency exchange service available.

Currency Code GBP/1 Unit Units/1 GBP
Utd. Arab Emir. Dirham AED 0.165 6.0654
Australian Dollar AUD 0.5548 1.8054
Brazilian Real BRL 0.35 2.8623
Canadian Dollar CAD 0.5661 1.7693
Swiss Franc CHF 0.5955 1.6813
Egyptian Pound EGP 0.1132 9.1734
Euro EUR 0.901 1.1112
Hong Kong Dollar HKD 0.07821 12.7996
Indian Rupee INR 0.013 77.0271
Japanese Yen JPY 0.006821 146.809
New Zealand Dollar NZD 0.4392 2.2815
Polish Zloty PLN 0.2175 4.604
Russian Rouble RUB 0.02092 47.9188
Swedish Krona SEK 0.08754 11.4415
Thai Baht THB 0.01851 55.7007
US Dollar USD 0.606 1.6512
ECU XEU 0.901 1.1112
South African Rand ZAR 0.08016 12.6458

save_money_currency_exchange_services

Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value.

Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates.

Global Currency Exchange Rates, Buy and Sell



Currencies - Cross Rates

 AUDEURGBPUSDCHFAED
AUD10.73160.630850.984920.904333.62178
EUR1.3668710.862291.346261.236094.9505
GBP1.585161.159711.561251.43355.74109
USD1.015310.74280.6405110.918173.67723
CHF1.10580.8090.697591.0891214.00495
AED0.276110.2020.174180.271940.249691
Other Currencies
Live currency exchange rates are shown in the table above. They are updated every 12 minutes and display the mid rate between the buy and sell rates.

To view the exchange rates on the date that this post was published, view below.

We buy and sell many more currencies that the ones shown. To find out what the current exchange rates are for other currencies, just use our currency converter tool, or click “Other currencies” below the table. No commission and No transfer fees.

Is it safe? See our Security & regulations information. Make Transfers: OPEN A CURRENCY EXCHANGE ACCOUNT HERE

Open a currency trading account

Buy and Sell foreign currency at the best rates available today.

The British Pound sterling rates today versus other currencies including AED Dirham of Dubai and Abu Dhabi, euros, USD, Canadian and Australian dollars together with Japanese Yen can be bought and sold through our global currency exchange network at the best currency exchange rates available today.

The exchange rates for currency, London pound sterling, GBP, for the morning of 20th November 2009 are shown below. For LIVE CURRENCY RATES use the button on the right and take advantage of the most efficient currency exchange service available.

Currency Code GBP/1 Unit Units/1 GBP
Utd. Arab Emir. Dirham AED 0.1622 6.1694
Australian Dollar AUD 0.554 1.8057
Brazilian Real BRL 0.3486 2.8762
Canadian Dollar CAD 0.5666 1.7657
Swiss Franc CHF 0.588 1.7012
Egyptian Pound EGP 0.1098 9.2203
Euro EUR 0.8885 1.1256
Hong Kong Dollar HKD 0.07685 13.0144
Indian Rupee INR 0.0129 77.7103
Japanese Yen JPY 0.006674 149.873
New Zealand Dollar NZD 0.4443 2.2519
Polish Zloty PLN 0.2174 4.6122
Russian Rouble RUB 0.02075 48.2224
Swedish Krona SEK 0.08711 11.495
Thai Baht THB 0.01799 55.8211
US Dollar USD 0.5956 1.6792
East Caribbean Dollar XCD 0.2231 4.5339
South African Rand ZAR 0.08004 12.5153

save_money_currency_exchange_services

Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value.

Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates.

Best Exchange Rates, 0% Commission, NO Fees



Currencies - Cross Rates

 AUDEURGBPUSDCHFAED
AUD10.73160.630850.984920.904333.62178
EUR1.3668710.862291.346261.236094.9505
GBP1.585161.159711.561251.43355.74109
USD1.015310.74280.6405110.918173.67723
CHF1.10580.8090.697591.0891214.00495
AED0.276110.2020.174180.271940.249691
Other Currencies
Live currency exchange rates are shown in the table above. They are updated every 12 minutes and display the mid rate between the buy and sell rates.

To view the exchange rates on the date that this post was published, view below.

We buy and sell many more currencies that the ones shown. To find out what the current exchange rates are for other currencies, just use our currency converter tool, or click “Other currencies” below the table. No commission and No transfer fees.

Is it safe? See our Security & regulations information. Make Transfers: OPEN A CURRENCY EXCHANGE ACCOUNT HERE

Open a currency trading account

Buy and Sell foreign currency at the best rates available today.

The British Pound sterling rates today versus other currencies including AED Dirham of Dubai and Abu Dhabi, euros, USD, Canadian and Australian dollars together with Japanese Yen can be bought and sold through our global currency exchange network at the best currency exchange rates available today.

The exchange rates for currency, London pound sterling, GBP, for the morning of 19th November 2009 are shown below. For LIVE CURRENCY RATES use the button on the right and take advantage of the most efficient currency exchange service available.

Currency Code GBP/1 Unit Units/1 GBP
Utd. Arab Emir. Dirham AED 0.1622 6.1694
Australian Dollar AUD 0.554 1.8057
Brazilian Real BRL 0.3486 2.8762
Canadian Dollar CAD 0.5666 1.7657
Swiss Franc CHF 0.588 1.7012
Egyptian Pound EGP 0.1098 9.2203
Euro EUR 0.8885 1.1256
Hong Kong Dollar HKD 0.07685 13.0144
Indian Rupee INR 0.0129 77.7103
Japanese Yen JPY 0.006674 149.873
New Zealand Dollar NZD 0.4443 2.2519
Polish Zloty PLN 0.2174 4.6122
Russian Rouble RUB 0.02075 48.2224
Swedish Krona SEK 0.08711 11.495
Thai Baht THB 0.01799 55.8211
US Dollar USD 0.5956 1.6792
East Caribbean Dollar XCD 0.2231 4.5339
South African Rand ZAR 0.08004 12.5153

save_money_currency_exchange_services

Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value.

Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates.

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Gatehouse Estate