Gatehouse Estate

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.

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

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

Global Currency Exchange Rates, Buy and Sell

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.

Currency Exchange Trading rates this morning

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 10th 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 0.1628 6.1471
Australian Dollar AUD 0.5539 1.806
Brazilian Real BRL 0.3508 2.8604
Canadian Dollar CAD 0.5616 1.7814
Swiss Franc CHF 0.5915 1.691
Egyptian Pound EGP 0.1101 9.195
Euro EUR 0.8939 1.119
Hong Kong Dollar HKD 0.07713 12.9677
Indian Rupee INR 0.01287 78.1191
Japanese Yen JPY 0.006643 150.576
New Zealand Dollar NZD 0.441 2.2689
Polish Zloty PLN 0.2128 4.7103
Russian Rouble RUB 0.02077 48.172
Swedish Krona SEK 0.08709 11.4976
Thai Baht THB 0.01798 55.9263
US Dollar USD 0.5978 1.6732
South African Rand ZAR 0.08016 12.5176

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.

Pound sterling remains strong against the US Dollar

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 4th 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 0.1664 6.0126
Australian Dollar AUD 0.5505 1.8172
Brazilian Real BRL 0.3482 2.8873
Canadian Dollar CAD 0.5678 1.7622
Swiss Franc CHF 0.5958 1.6789
Egyptian Pound EGP 0.1125 9.0044
Euro EUR 0.9001 1.1112
Hong Kong Dollar HKD 0.07885 12.6844
Indian Rupee INR 0.01295 77.5151
Japanese Yen JPY 0.006772 147.716
Polish Zloty PLN 0.2098 4.7791
Russian Rouble RUB 0.02085 48.0067
Swedish Krona SEK 0.0859 11.6559
Thai Baht THB 0.0183 54.8247
US Dollar USD 0.6111 1.6366
East Caribbean Dollar XCD 0.2289 4.4188
South African Rand ZAR 0.0773 12.9737

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 Sell Pound Sterling Rates Today

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 16th 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 0.1686 5.9352
Australian Dollar AUD 0.5692 1.7576
Brazilian Real BRL 0.3639 2.7555
Canadian Dollar CAD 0.6031 1.6589
Swiss Franc CHF 0.6103 1.639
Egyptian Pound EGP 0.1137 8.9018
Euro EUR 0.9244 1.0819
Hong Kong Dollar HKD 0.07988 12.5206
Indian Rupee INR 0.01348 74.4137
Japanese Yen JPY 0.006884 145.316
New Zealand Dollar NZD 0.4613 2.1692
Polish Zloty PLN 0.2203 4.5499
Russian Rouble RUB 0.02109 47.455
Swedish Krona SEK 0.08952 11.1844
Thai Baht THB 0.01854 54.1839
US Dollar USD 0.6191 1.6155
East Caribbean Dollar XCD 0.2301 4.3942
South African Rand ZAR 0.08546 11.7384

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.

The Pound Sterling rates today

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

currency conversion by professionals

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Global Exchange Rates Today

Here is a sample of the global currency exchange rates from this morning. If you would like to be kept informed of any particular currency exchange rate, just let us know in the form below this table. We trade commercial amounts and commercial rates.

Global Currency Exchange Network, bring you daily currency exchange rates. For currency conversion, and money transfers, go to our website to create a free money transfer account

GLOBAL CURRENCY EXCHANGE NETWORK - Base currency British Pound

 

Currency Code GBP/1 Unit Units/1 GBP
Utd. Arab Emir. Dirham AED 0.1596 6.2702
Australian Dollar AUD 0.4054 2.4683
Brazilian Real BRL 0.271 3.7083
Canadian Dollar CAD 0.4881 2.05
Egyptian Pound EGP 0.1057 9.6278
Euro EUR 0.7764 1.2883
Japanese Yen JPY 0.005786 172.92
Polish Zloty PLN 0.2134 4.6969
US Dollar USD 0.5861 1.7067

n.b these are just indication rates as of 8.30am on Wednesday 22nd October

currency conversion by professionals

    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) .
    We’ll quote you the best exchange rate for Euro, usd, gbp, aed and more.

Keep up-to-date, visit our foreign exchange dealing site and request to be kept informed about a particular currency.

Sunday’s Currency exchange rates

Here is a sample of the global currency exchange rates from this morning. If you would like to be kept informed of any particular currency exchange rate, just let us know in the form below this table. We trade commercial amounts and commercial rates.

Global Currency Exchange Network, bring you daily currency exchange rates. For currency conversion, and money transfers, go to our website to create a free money transfer account

GLOBAL CURRENCY EXCHANGE NETWORK - Base currency British Pound

Currency Code GBP/1 Unit Units/1 GBP
UAE. Dirhams AED 0.16 6.267
Australian Dollar AUD 0.3786 2.6551
Brazilian Real BRL 0.2586 3.944
Canadian Dollar CAD 0.5008 2.0033
Egyptian Pound EGP 0.1085 9.4631
Euro EUR 0.787 1.2731
Japanese Yen JPY 0.005835 171.784
Polish Zloty PLN 0.2238 4.5643
US Dollar USD 0.5875 1.7055

n.b these are just indication rates as of 8.30am on Sunday 12th October

currency conversion by professionals

    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) .
    We’ll quote you the best exchange rate for Euro, usd, gbp, aed and more.

Keep up-to-date, visit our foreign exchange dealing site and request to be kept informed about a particular currency.

Today’s British Pound rates vs main Currencies

currency conversion by professionals

The British Pound Currency rates this morning versus other currencies including Dollar, euros, USD, canadian and Australian dollars together with the Brazilian Real, were….

Base currency British Pound Sterling as of Thursday, 2nd October

 

 

Currency Code GBP/1 Unit Units/1 GBP
Utd. Arab Emir. Dirham AED 0.1531 6.5397
Australian Dollar AUD 0.4467 2.24
Brazilian Real BRL 0.2933 3.4209
Canadian Dollar CAD 0.5297 1.8889
Egyptian Pound EGP 0.1038 9.7986
Euro EUR 0.792 1.2629
Japanese Yen JPY 0.005302 188.7
Polish Zloty PLN 0.2336 4.2913
US Dollar USD 0.5621 1.7795

Keep up-to-date, visit our foreign exchange dealing site and request to be kept informed about a particular currency.

Currency Exchange for Larger Businesses

FX-foreignexchange have a small team of specialist currency dealers, together with a support team, who cater for larger business clients such as trust fund companies, larger conglomerates with separate businesses in different financial zones around the world.

Often, these businesses have a long term arrangement to make regular money transfers. The individuals involved have other tasks to perform within the operation so they regularly go down the line of least resistance. They use their banks! Clearly, if you are a good customer, the bank will offer you a favourable rate but rarely will a bank offer the level of personal service that fx-foreignexchange can offer.

We were recently introduced to a Finance Director who had the task of transferring in the region of 1.4M Euros every month to his European counterparts. He had negotiated the costs with his bank and rang them to negotiate the rate each time he needed to make the transfer, so he felt that he had got the best deal for his business.

We were happy to demonstrate over 3 months that he had saved in the region of 20,000 pounds with a combination of spot rate buying, forward buying and stop-loss orders.

Of course, he didn´t have time to keep an eye on the rates. And, he certainly didn´t get a call from his account manager at the bank every time the rate was favourable. He didn´t even get a daily FX rate update on his email from his bank. He DID get all of that from us.

It retained company profits and made his job easier. If you would like an informal discussion on how we can help your business to retain more profit when dealing overseas, please call us and ask for David Osborne.

foreign exchange currency conversion by specialists
Our UK number is :   0044(0)1480 458400  , or just go to
CONTACT US.

For more information, please visit fx-foreignexchange.com

Foreign Exchange Rates for Today

 

  • Global Currency Exchange Network, bring you daily currency exchange rates. For currency conversion, and money transfers, go to our website to create a free money transfer account
  • GCEN have offices in Dubai for the UAE, Near London, Spain and Portugal
  • Base Currency: British Pound, GBP on Wednesday, September 3, 2008

    Currency Code GBP/1 Unit Units/1 GBP
    UAE. Dirham AED 0.1523 6.5699
    Australian Dollar AUD 0.4708 2.1249
    Brazilian Real BRL 0.339 2.9605
    Canadian Dollar CAD 0.5232 1.9123
    Cyprus Pound CYP 0.8135 1.2295
    Egyptian Pound EGP 0.1048 9.6897
    Euro EUR 0.8135 1.2295
    British Pound GBP 1 1
    Japanese Yen JPY 0.005157 193.991
    Polish Zloty PLN 0.2426 4.1326
    US Dollar USD 0.5593 1.7881

    Contact us, to get a quote for the best rates today.

    foreign exchange currency conversion by specialists
    We are currency exchange specialists and tend to deal in larger money transfers. The following currencies are our major trades: US Dollar, Euro, Canadian Dollar, Australian dollar, Egyptian Pound, Brazilian Real, AED UAE Dirham, Japanese Yen and Polish Zloty.

    If you prefer to speak to someone, call 0044 (0)1480 458400, ask for Zoe

    Gatehouse Estate