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:
- 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.
- 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.
- 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
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.
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:
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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.
-
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
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.
Could Aussie Dollars have Peaked?
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.
Buy and Sell US Dollars at the Best Exchange Rates Today
Currencies - Cross Rates
| AUD | EUR | GBP | USD | CHF | AED | |
|---|---|---|---|---|---|---|
| AUD | 1 | 0.7316 | 0.63085 | 0.98492 | 0.90433 | 3.62178 |
| EUR | 1.36687 | 1 | 0.86229 | 1.34626 | 1.23609 | 4.9505 |
| GBP | 1.58516 | 1.1597 | 1 | 1.56125 | 1.4335 | 5.74109 |
| USD | 1.01531 | 0.7428 | 0.64051 | 1 | 0.91817 | 3.67723 |
| CHF | 1.1058 | 0.809 | 0.69759 | 1.08912 | 1 | 4.00495 |
| AED | 0.27611 | 0.202 | 0.17418 | 0.27194 | 0.24969 | 1 |
| Other Currencies |
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
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 |
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.
Pound still Strong
Currencies - Cross Rates
| AUD | EUR | GBP | USD | CHF | AED | |
|---|---|---|---|---|---|---|
| AUD | 1 | 0.7316 | 0.63085 | 0.98492 | 0.90433 | 3.62178 |
| EUR | 1.36687 | 1 | 0.86229 | 1.34626 | 1.23609 | 4.9505 |
| GBP | 1.58516 | 1.1597 | 1 | 1.56125 | 1.4335 | 5.74109 |
| USD | 1.01531 | 0.7428 | 0.64051 | 1 | 0.91817 | 3.67723 |
| CHF | 1.1058 | 0.809 | 0.69759 | 1.08912 | 1 | 4.00495 |
| AED | 0.27611 | 0.202 | 0.17418 | 0.27194 | 0.24969 | 1 |
| Other Currencies |
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
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 5th 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 | 0.1652 | 6.0584 |
| Australian Dollar | AUD | 0.5494 | 1.8208 |
| Brazilian Real | BRL | 0.3509 | 2.8584 |
| Canadian Dollar | CAD | 0.5701 | 1.7551 |
| Swiss Franc | CHF | 0.5929 | 1.6873 |
| Egyptian Pound | EGP | 0.1117 | 9.0681 |
| Euro | EUR | 0.8958 | 1.1166 |
| Hong Kong Dollar | HKD | 0.07826 | 12.7808 |
| Indian Rupee | INR | 0.01288 | 77.8359 |
| Japanese Yen | JPY | 0.006695 | 149.406 |
| New Zealand Dollar | NZD | 0.4386 | 2.2811 |
| Polish Zloty | PLN | 0.2109 | 4.7524 |
| Russian Rouble | RUB | 0.02076 | 48.2118 |
| Swedish Krona | SEK | 0.08596 | 11.6487 |
| Thai Baht | THB | 0.01817 | 55.2207 |
| US Dollar | USD | 0.6065 | 1.6491 |
| East Caribbean Dollar | XCD | 0.2333 | 4.337 |
| South African Rand | ZAR | 0.0784 | 12.7847 |
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.
GBP Pound Sterling Rates today
Currencies - Cross Rates
| AUD | EUR | GBP | USD | CHF | AED | |
|---|---|---|---|---|---|---|
| AUD | 1 | 0.7316 | 0.63085 | 0.98492 | 0.90433 | 3.62178 |
| EUR | 1.36687 | 1 | 0.86229 | 1.34626 | 1.23609 | 4.9505 |
| GBP | 1.58516 | 1.1597 | 1 | 1.56125 | 1.4335 | 5.74109 |
| USD | 1.01531 | 0.7428 | 0.64051 | 1 | 0.91817 | 3.67723 |
| CHF | 1.1058 | 0.809 | 0.69759 | 1.08912 | 1 | 4.00495 |
| AED | 0.27611 | 0.202 | 0.17418 | 0.27194 | 0.24969 | 1 |
| Other Currencies |
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
Buy and Sell 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 15th October 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 | 0.1706 | 5.864 |
| Australian Dollar | AUD | 0.5717 | 1.7498 |
| Brazilian Real | BRL | 0.366 | 2.741 |
| Canadian Dollar | CAD | 0.6093 | 1.6421 |
| Swiss Franc | CHF | 0.6151 | 1.6263 |
| Egyptian Pound | EGP | 0.1152 | 8.7881 |
| Euro | EUR | 0.9329 | 1.0721 |
| Hong Kong Dollar | HKD | 0.08086 | 12.3699 |
| Indian Rupee | INR | 0.0136 | 73.7687 |
| Japanese Yen | JPY | 0.007011 | 142.676 |
| New Zealand Dollar | NZD | 0.4634 | 2.159 |
| Polish Zloty | PLN | 0.2219 | 4.5167 |
| Russian Rouble | RUB | 0.0213 | 46.9942 |
| Swedish Krona | SEK | 0.09052 | 11.0604 |
| Thai Baht | THB | 0.01888 | 53.4493 |
| US Dollar | USD | 0.6266 | 1.5961 |
| East Caribbean Dollar | XCD | 0.2329 | 4.3413 |
| South African Rand | ZAR | 0.08608 | 11.6449 |
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.
British Pound Sterling value this morning
Currencies - Cross Rates
| AUD | EUR | GBP | USD | CHF | AED | |
|---|---|---|---|---|---|---|
| AUD | 1 | 0.7316 | 0.63085 | 0.98492 | 0.90433 | 3.62178 |
| EUR | 1.36687 | 1 | 0.86229 | 1.34626 | 1.23609 | 4.9505 |
| GBP | 1.58516 | 1.1597 | 1 | 1.56125 | 1.4335 | 5.74109 |
| USD | 1.01531 | 0.7428 | 0.64051 | 1 | 0.91817 | 3.67723 |
| CHF | 1.1058 | 0.809 | 0.69759 | 1.08912 | 1 | 4.00495 |
| AED | 0.27611 | 0.202 | 0.17418 | 0.27194 | 0.24969 | 1 |
| Other Currencies |
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
Buy and Sell 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 14th October 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 | 0.1722 | 5.8106 |
| Australian Dollar | AUD | 0.5737 | 1.7438 |
| Brazilian Real | BRL | 0.3646 | 2.7518 |
| Canadian Dollar | CAD | 0.6121 | 1.6344 |
| Swiss Franc | CHF | 0.6171 | 1.6211 |
| Egyptian Pound | EGP | 0.1162 | 8.7169 |
| Euro | EUR | 0.9362 | 1.0683 |
| Hong Kong Dollar | HKD | 0.0816 | 12.2576 |
| Indian Rupee | INR | 0.01365 | 73.49 |
| Japanese Yen | JPY | 0.007044 | 142.015 |
| New Zealand Dollar | NZD | 0.4658 | 2.148 |
| Polish Zloty | PLN | 0.2219 | 4.5169 |
| Russian Rouble | RUB | 0.02141 | 46.7387 |
| Swedish Krona | SEK | 0.09062 | 11.0481 |
| Thai Baht | THB | 0.01905 | 52.8344 |
| US Dollar | USD | 0.6324 | 1.5816 |
| East Caribbean Dollar | XCD | 0.2351 | 4.3019 |
| South African Rand | ZAR | 0.08617 | 11.6421 |
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.
The Pound Sterling rates today
Currencies - Cross Rates
| AUD | EUR | GBP | USD | CHF | AED | |
|---|---|---|---|---|---|---|
| AUD | 1 | 0.7316 | 0.63085 | 0.98492 | 0.90433 | 3.62178 |
| EUR | 1.36687 | 1 | 0.86229 | 1.34626 | 1.23609 | 4.9505 |
| GBP | 1.58516 | 1.1597 | 1 | 1.56125 | 1.4335 | 5.74109 |
| USD | 1.01531 | 0.7428 | 0.64051 | 1 | 0.91817 | 3.67723 |
| CHF | 1.1058 | 0.809 | 0.69759 | 1.08912 | 1 | 4.00495 |
| AED | 0.27611 | 0.202 | 0.17418 | 0.27194 | 0.24969 | 1 |
| Other Currencies |
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
The British Pound sterling rates this morning versus other currencies including AED Dirham, euros, USD, Canadian and Australian dollars together with the Brazilian Real, were….
Base currency London pound sterling on 23rd December 2008:
Keep up-to-date, visit our foreign exchange dealing site
| Currency | Code | GBP/1 Unit | Units/1 GBP |
| Utd. Arab Emir. Dirham | AED | 0.1831 | 5.4681 |
| Australian Dollar | AUD | 0.4597 | 2.178 |
| Brazilian Real | BRL | 0.2831 | 3.5418 |
| Canadian Dollar | CAD | 0.5543 | 1.8062 |
| Swiss Franc | CHF | 0.6122 | 1.6349 |
| Egyptian Pound | EGP | 0.123 | 8.2766 |
| Euro | EUR | 0.9401 | 1.0645 |
| Indian Rupee | INR | 0.01397 | 73.1252 |
| Japanese Yen | JPY | 0.007489 | 133.656 |
| Polish Zloty | PLN | 0.2291 | 4.3765 |
| US Dollar | USD | 0.6722 | 1.4883 |
| South African Rand | ZAR | 0.06958 | 14.4304 |
Get the best currency exchange rates available, with the best global supplier of currency at commercial rates.
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Todays Latest Rates Of Exchange
Currencies - Cross Rates
| AUD | EUR | GBP | USD | CHF | AED | |
|---|---|---|---|---|---|---|
| AUD | 1 | 0.7316 | 0.63085 | 0.98492 | 0.90433 | 3.62178 |
| EUR | 1.36687 | 1 | 0.86229 | 1.34626 | 1.23609 | 4.9505 |
| GBP | 1.58516 | 1.1597 | 1 | 1.56125 | 1.4335 | 5.74109 |
| USD | 1.01531 | 0.7428 | 0.64051 | 1 | 0.91817 | 3.67723 |
| CHF | 1.1058 | 0.809 | 0.69759 | 1.08912 | 1 | 4.00495 |
| AED | 0.27611 | 0.202 | 0.17418 | 0.27194 | 0.24969 | 1 |
| Other Currencies |
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
Today’s global currency exchange rates from this morning. If you would like to be kept informed of any particular currency exchange rate, just use the currency converter on the right. We trade commercial amounts at commercial rates.
Just call our Head Office on +44 1480 458400.
IF outside the UK, or 01480 458400 ( in the Uk).
- We will quote you the best exchange rate for Euro, usd, gbp, aed and more.
- Currency Exchange conversion is all we do, so let us handle your commercial money transfers overseas.
- .
- .
The Pound Sterling Rate 9th October
Currencies - Cross Rates
| AUD | EUR | GBP | USD | CHF | AED | |
|---|---|---|---|---|---|---|
| AUD | 1 | 0.7316 | 0.63085 | 0.98492 | 0.90433 | 3.62178 |
| EUR | 1.36687 | 1 | 0.86229 | 1.34626 | 1.23609 | 4.9505 |
| GBP | 1.58516 | 1.1597 | 1 | 1.56125 | 1.4335 | 5.74109 |
| USD | 1.01531 | 0.7428 | 0.64051 | 1 | 0.91817 | 3.67723 |
| CHF | 1.1058 | 0.809 | 0.69759 | 1.08912 | 1 | 4.00495 |
| AED | 0.27611 | 0.202 | 0.17418 | 0.27194 | 0.24969 | 1 |
| Other Currencies |
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
Base Currency: British Pound, GBP on Thursday, October 9, 2008
Contact us, to get a quote for the best rates today.
| Currency | Code | GBP/1 Unit | Units/1 GBP |
| Utd. Arab Emir. Dirham | AED | 0.1561 | 6.4143 |
| Australian Dollar | AUD | 0.394 | 2.5415 |
| Brazilian Real | BRL | 0.2441 | 4.1301 |
| Canadian Dollar | CAD | 0.5167 | 1.937 |
| Egyptian Pound | EGP | 0.1056 | 9.725 |
| Euro | EUR | 0.7814 | 1.2803 |
| Japanese Yen | JPY | 0.005703 | 175.46 |
| Polish Zloty | PLN | 0.2256 | 4.4439 |
| US Dollar | USD | 0.5732 | 1.7452 |
If you prefer to speak to someone, call 0044 (0)1480 458400, ask for Zoe
Time to Buy Euros, Sell Dollars?
Time to Sell your Dollars and Buy Euros?
The US Dollar has climbed back to a six-month high against the Euro. With continuing fears that the European economy is transferring from a gentle slow-down to a full-blown recession, the Dollar has made vast gains in the foreign exchange rate.
The German economy seems to be the largest cause for concern, with a low of $1.4571 to one Euro on Tuesday. Leading market analysts have expressed views that Germany appears to be heading into recession and will likely drag the rest of Europe with it.
The American dollar has taken full advantage of the situation, but European exporters must be pleased with the current situation as their goods will now be cheaper overseas.
Exporters from Europe can take advantage of the fluctuating rates by contacting a currency broker and arranging for forward ordering of currency to be made on their behalf.
Fx-foreignexchange have currency dealers specifically allocated to business accounts. The currency dealers develop an insight into their client’s needs and buy, or sell, foreign exchange accordingly leaving their clients to do what they do best while saving money.
Currency Rates for Today
Currencies - Cross Rates
| AUD | EUR | GBP | USD | CHF | AED | |
|---|---|---|---|---|---|---|
| AUD | 1 | 0.7316 | 0.63085 | 0.98492 | 0.90433 | 3.62178 |
| EUR | 1.36687 | 1 | 0.86229 | 1.34626 | 1.23609 | 4.9505 |
| GBP | 1.58516 | 1.1597 | 1 | 1.56125 | 1.4335 | 5.74109 |
| USD | 1.01531 | 0.7428 | 0.64051 | 1 | 0.91817 | 3.67723 |
| CHF | 1.1058 | 0.809 | 0.69759 | 1.08912 | 1 | 4.00495 |
| AED | 0.27611 | 0.202 | 0.17418 | 0.27194 | 0.24969 | 1 |
| Other Currencies |
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
- GCEN have offices in Dubai for the UAE, Near London, Spain and Portugal
-
The euro fell over a cent to a six month low against a strong US dollar on Tuesday after weak figures were released in Germany. Therefore increasing speculation that Europe’s economy is slowing down and could be heading to a recession.
-
The strength of the US Dollar leaves the euro under a lot of pressure, many speculating that the European Central Banks next move will be a rate cut, not a rise.
|
CURRENCIES |
HIGH |
LOW |
|
GBP-EUR |
1.2584 |
1.2302 |
|
GBP-USD |
1.8589 |
1.8176 |
|
GBP-AED |
6.7839 |
6.6983 |
|
GBP-BRL |
3.0038 |
2.9656 |
|
GBP-EGP |
9.9025 |
9.6521 |
|
GBP-TRY |
2.2027 |
2.1510 |
|
EUR-USD |
1.4760 | 1.4381 |
|
EUR-BRL |
2.4046 |
2.3579 |
| EUR-AED |
5.4003 |
5.2733 |
|
USD-AED |
3.6722 |
3.671 |
| USD-EUR | 0.68273 | 0.6706 |
| AED-ZAR | 2.10320 | 2.0821 |
| USD-EGP | 5.3627 | 5.2276 |
n.b these are just indication rates as of 8.30am on Tuesday 26th August
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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Foreign Exchange Rates for Today
Currencies - Cross Rates
| AUD | EUR | GBP | USD | CHF | AED | |
|---|---|---|---|---|---|---|
| AUD | 1 | 0.7316 | 0.63085 | 0.98492 | 0.90433 | 3.62178 |
| EUR | 1.36687 | 1 | 0.86229 | 1.34626 | 1.23609 | 4.9505 |
| GBP | 1.58516 | 1.1597 | 1 | 1.56125 | 1.4335 | 5.74109 |
| USD | 1.01531 | 0.7428 | 0.64051 | 1 | 0.91817 | 3.67723 |
| CHF | 1.1058 | 0.809 | 0.69759 | 1.08912 | 1 | 4.00495 |
| AED | 0.27611 | 0.202 | 0.17418 | 0.27194 | 0.24969 | 1 |
| Other Currencies |
To view the exchange rates on the date that this post was published, view below.
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Today:
- The GB Pound slipped against the US dollar on Wednesday as eyes turn to the Bank of England minutes meeting. A continued run of poor UK housing and retail data as well as BoE’s forecast that inflation will fall below target within 2 years, has raised expectations further that rates will be cut before the year is out.
- The Bank of England minutes due at 0830 GMT are expected to show a three-way split, with seven members voting to leave rates on hold at 5.0 percent, one voting for a cut and one for a hike.
GLOBAL CURRENCY EXCHANGE NETWORK - Best foreign Exchange rates today
|
CURRENCIES |
HIGH |
LOW |
|
GBP-EUR |
1.264 |
1.2376 |
|
GBP-USD |
1.8685 |
1.8382 |
|
GBP-AED |
6.8541 |
6.7701 |
|
GBP-BRL |
3.0524 |
2.9911 |
|
GBP-EGP |
9.9457 |
9.6634 |
|
GBP-TRY |
2.2207 |
2.1769 |
|
EUR-USD |
1.4806 | 1.4476 |
|
EUR-BRL |
2.4115 |
2.3676 |
| EUR-AED |
5.4231 |
5.2463 |
|
USD-AED |
3.6721 |
3.671 |
| USD-EGP | 5.338 | 5.1806 |
n.b these are just indication rates as of 8.30am on Wednesday 20th August
- 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.
