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Posted February 29th, 2008 by Charles Purdy

Smarts Weekly Currency Note – 29th February 2008

 
  Smart Currency Exchange – Weekly Currency Rates for Overseas Property Buyers  
Weekly Currency Interbank Exchange Rates 29th February 2008


Currency
Rate Last
Week
Rate This
Week
EURO
1.328
1.307
US$
1.967
1.985
CAN$
1.994
1.941
AUS$
2.137
2.112
NZD
2.449
2.469
AED
7.227
7.292

CHF

2.137
2.074

ZAR(Rand)

15.258
15.344

Charles’s Thoughts:  UK economic news continues to be poor including UK consumer confidence, slowing house price inflation and fourth quarter growth that looked over reliant on government expenditure.. However, most of the main “stories” came from elsewhere and because of this sterling’s fate was a one of contrast gaining against some currencies and losing against others. The Bank of England meets next week and it will be interesting to see if they reduce UK interest rates. Clearly the UK economy is suffering and the credit crunch is still causing significant difficulties to the financial arena. But inflation continues to be a major problem and therefore UK interest rate cuts may not happen as quickly as expected or hoped for.

The US$ lost ground against sterling and most other currencies on the back of fears of US stagflation. This is when inflation is high but the economy is performing poorly or may even be in recession. The Fed has cut US interest rates twice this year and a further cut is expected in March. We could be heading back to US interest rates of 2%. However inflation is on the increase as we see oil over US$100/barrel and a lot of food commodities, such as wheat, experiencing very rapid increases in selling price. Such increases are inflationary. As a result the US$ has been suffering hitting all time lows against the Euro.

The Euro has benefited from the problems of the US$ and from better than expected economic news especially in Germany. German business confidence was better than expected and we also saw German unemployment fall. However it is not all good news in Euro land with French consumer confidence falling but the overall feeling from the market is that Euro land interest rates will be held for a while. The European Central Bank meets this coming week.

Commodity backed currencies such as the Australian and Canadian $ seemed to benefit from the weakness of the US$ as, noted above, commodity prices that seem to keep on going up and up.

Why is Currency Management So Important? Using a bank could cost you £3-4,000 per £100,000 transferred. Buying at the “wrong” time could cost you many £’000′s more as rates can move as much as 3% in a very short period of time. Then add in transfer costs that the banks charge for sending and receiving funds and you could be looking at additional costs of £10,000 per £100,000 transferred. By developing a currency strategy and by working with a specialist currency broker these losses could be minimised if not eliminated.

Smart Client Testimonial: “Recent transaction was completed very efficiently. The process was well explained, all questions answered with confidence. The process was very simple to follow with excellent feedback throughout the process. Plus a great rate of exchange was provided. I will definitely use the service again” John Derek Thompson

If you haven’t opened a Smart account yet, call me on freephone 0808 163 0102 or fill out our online Account Form at: http://www.SmartCurrencyExchange.com/application.htm

How much will a Property Cost? To estimate the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above. But note this is based on the inter bank rate so the actual cost will be slightly more.

Charles Purdy
Charles Purdy


Smart Resources

Currency Strategy Worksheet
Need help creating a Currency Strategy? Download our Currency Strategy Worksheet:
http://www.smartcurrencyexchange.com/downloads/CurrencyStrategyWorksheet.pdf

Currency Report
Have your read our 10-page Currency Report that outlines the top 3 mistakes that overseas buyers make when exchanging and transferring their money overseas? Get the report here:
http://www.SmartCurrencyExchange.com/downloads/ThreeMistakes.pdf

Currency Quotation
Are you interested in a currency rate for Euros, US$’s, CYP, NZD, or any other currency, please fill out our Smart quotation form at: http://www.SmartCurrencyExchange.com/smartquotation.htm


Smart Currency Exchange Limited

   


Smart Currency Exchange | 1 Hammersmith Grove | Hammersmith | London | W6 0NB | UK

© 2005-2008 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are the interbank rates and valid at a moment in time. The interbank rate is the rate at which the banks deal with each other in the foreign exchange markets. Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we suggest that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!





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Posted February 28th, 2008 by Charles Purdy

Smarts Daily Currency Note – 28th February 2008

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 28th February 2008

Currency

Rate

EURO

1.311

US$

1.980

CHF

2.107

CAN$

1.938

AUS$

2.107

Comments:  The US$ is still suffering. The US economy is staring recession in the face but at the same time inflation is on the rise especially given the rising oil and food prices. Further cuts in US$ interest rates are expected sooner rather than later. The Euro continues to be buoyed by increasing business confidence and the widely held belief that Euro interest rates will be held for a while.

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.



Smart Currency Exchange | 1 Hammersmith Grove | Hammersmith | London | W6 0NB | UK

© 2005-2008 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!



SCE/OGC

1 Hammersmith Grove
London, London
W6 0NB
GB

If you no longer wish to receive communication from us:
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Posted February 27th, 2008 by Charles Purdy

Smarts Daily Currency Note – 27th February 2008

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 27th February 2008

Currency

Rate

EURO

1.321

US$

1.991

CHF

2.127

CAN$

1.946

AUS$

2.121

Comments:  Stagflation is the worry in the US. We are seeing a worsening US economy and increasing US inflation. This has led to a slide in the US$ against most currencies. The Euro was buoyed by a rise in German business confidence even though there was a fall in German household spending. The thought of cuts in Euro land interest rates has receded.

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.



Smart Currency Exchange | 1 Hammersmith Grove | Hammersmith | London | W6 0NB | UK

© 2005-2008 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!



SCE/OGC

1 Hammersmith Grove
London, London
W6 0NB
GB

If you no longer wish to receive communication from us:
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Posted February 26th, 2008 by Charles Purdy

Smarts Daily Currency Note – 26th February 2008

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 26th February 2008

Currency

Rate

EURO

1.327

US$

1.975

CHF

2.145

CAN$

1.955

AUS$

2.131

Comments:  Sterling has gained ground against the US$. Not a major surprise given the parlous state of the US economy. Against other currencies sterling is close to recent lows. However, there doesn’t seem to be any momentum to test those lows in the short term.

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.



Smart Currency Exchange | 1 Hammersmith Grove | Hammersmith | London | W6 0NB | UK

© 2005-2008 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!



SCE/OGC

1 Hammersmith Grove
London, London
W6 0NB
GB

If you no longer wish to receive communication from us:
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Posted February 22nd, 2008 by Charles Purdy

Smarts Weekly Currency Note – 22nd February 2008

 
  Smart Currency Exchange – Weekly Currency Rates for Overseas Property Buyers  
Weekly Currency Interbank Exchange Rates 22nd February 2008

Currency
Rate Last
Week
Rate This
Week
EURO
1.337
1.328
US$
1.963
1.967
CAN$
1.959
1.994
AUS$
2.163
2.137
NZD
2.485
2.449
AED
7.208
7.227

CHF

2.142
2.137

ZAR(Rand)

15.030
15.258

Charles’s Thoughts:  Sterling lost ground following our beloved governments decision to nationalise Northern Rock. Not a great outcome but it will hopefully draw a line under a very damaging event to the UK’s reputation. Sterling has lost significantly against most if not all currencies since the problems at Northern Rock were made public. The Bank of England still has the problem of rising costs and a faltering UK economy. The minutes of the BOE’s last meeting highlighted this conflict and as a result, the market has tempered its expectations as to the speed and extent of UK interest rate reductions. I still believe sterling is oversold [i.e. sterling should strengthen over the medium term but the reality could be a lot different]. Also beware of another major shock like Northern Rock as we would see sterling slide rapidly.

The US$ has gained and then lost ground against sterling over the last week. Difficult to think of anything new to say about the US. Huge problems with a faltering economy and a financial sector full of uncertainty. Not dissimilar to the UK. I suspect the news flow will get [a lot] worse before it gets better. Further interest rate cuts are a distinct possibility.

Euro land is an interesting mix given. Germany is still performing whereas those countries such as Ireland where there has been a huge property boom are suffering. Allied Irish Bank was having to “look after” Euro 700 million of loans to property developers who were suffering cash flow problems. I suspect such stories will continue. The European Central Bank is likely to hold interest rates steady for the time being.

Australia seems to still be booming which gives further support to the Australian $. Its only the South African rand of the commodity backed currencies with its distinct political problems that is losing ground against sterling.

Why is Currency Management So Important? Using a bank could cost you £3-4,000 per £100,000 transferred. Buying at the “wrong” time could cost you many £’000′s more as rates can move as much as 3% in a very short period of time. Then add in transfer costs that the banks charge for sending and receiving funds and you could be looking at additional costs of £10,000 per £100,000 transferred. By developing a currency strategy and by working with a specialist currency broker these losses could be minimised if not eliminated.

Smart Client Testimonial: “Recent transaction was completed very efficiently. The process was well explained, all questions answered with confidence. The process was very simple to follow with excellent feedback throughout the process. Plus a great rate of exchange was provided. I will definitely use the service again” John Derek Thompson

If you haven’t opened a Smart account yet, call me on freephone 0808 163 0102 or fill out our online Account Form at: http://www.SmartCurrencyExchange.com/application.htm

How much will a Property Cost? To estimate the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above. But note this is based on the inter bank rate so the actual cost will be slightly more.

Charles Purdy
Charles Purdy


Smart Resources

Currency Strategy Worksheet
Need help creating a Currency Strategy? Download our Currency Strategy Worksheet:
http://www.smartcurrencyexchange.com/downloads/CurrencyStrategyWorksheet.pdf

Currency Report
Have your read our 10-page Currency Report that outlines the top 3 mistakes that overseas buyers make when exchanging and transferring their money overseas? Get the report here:
http://www.SmartCurrencyExchange.com/downloads/ThreeMistakes.pdf

Currency Quotation
Are you interested in a currency rate for Euros, US$’s, CYP, NZD, or any other currency, please fill out our Smart quotation form at: http://www.SmartCurrencyExchange.com/smartquotation.htm


Smart Currency Exchange Limited

   


Smart Currency Exchange | 1 Hammersmith Grove | Hammersmith | London | W6 0NB | UK

© 2005-2008 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are the interbank rates and valid at a moment in time. The interbank rate is the rate at which the banks deal with each other in the foreign exchange markets. Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we suggest that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!



SCE/OGC

1 Hammersmith Grove
London, London
W6 0NB
GB

If you no longer wish to receive communication from us:
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To update your contact information:
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Posted February 21st, 2008 by Charles Purdy

Smarts Daily Currency Note – 21st February 2008

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 21st February 2008

Currency

Rate

EURO

1.321

US$

1.947

CHF

2.139

CAN$

1.972

AUS$

2.119

Comments:  Sterling continues to slide slowly. Safety seems to be the order of the day as concerns continue over the credit crunch and banks reluctance to lend to each other. No good news to bolster sterling.

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.



Smart Currency Exchange | 1 Hammersmith Grove | Hammersmith | London | W6 0NB | UK

© 2005-2008 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!



SCE/OGC

1 Hammersmith Grove
London, London
W6 0NB
GB

If you no longer wish to receive communication from us:
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To update your contact information:
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Posted February 20th, 2008 by Charles Purdy

Smarts Daily Currency Note – 20th February 2008

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 20th February 2008

Currency

Rate

EURO

1.326

US$

1.943

CHF

2.137

CAN$

1.977

AUS$

2.127

Comments:  Sterling still losing ground following the nationalisation of Northern Rock and concerns over the UK economy. The UK economy is very dependent on finance and this is being hit hard by the credit crunch and reduced liquidity. Banks are still scared to lend to each other!! When will it end – not for a while. Downside risk for sterling is still high.

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.



Smart Currency Exchange | 1 Hammersmith Grove | Hammersmith | London | W6 0NB | UK

© 2005-2008 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!



SCE/OGC

1 Hammersmith Grove
London, London
W6 0NB
GB

If you no longer wish to receive communication from us:
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To update your contact information:
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Posted February 19th, 2008 by Charles Purdy

Smarts Daily Currency Note – 19th Febraury 2008

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 19th February 2008

Currency

Rate

EURO

1.323

US$

1.947

CHF

2.134

CAN$

1.960

AUS$

2.114

Comments:  Sterling continues to suffer at the hands of Northern Rock. Over the weekend our beloved Government decided to nationalise Northern Rock. Not a great outcome but at least it should draw a line under the whole saga. Since it first blew up sterling has lost over 10% against the Euro.

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.



Smart Currency Exchange | 1 Hammersmith Grove | Hammersmith | London | W6 0NB | UK

© 2005-2008 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!



SCE/OGC

1 Hammersmith Grove
London, London
W6 0NB
GB

If you no longer wish to receive communication from us:
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To update your contact information:
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Posted February 15th, 2008 by Charles Purdy

Smarts Weekly Currency Note – 15th February 2008

 
  Smart Currency Exchange – Weekly Currency Rates for Overseas Property Buyers  
Weekly Currency Interbank Exchange Rates 15th February 2008

Currency
Rate Last
Week
Rate This
Week
EURO
1.339
1.337
US$
1.945
1.963
CAN$
1.938
1.959
AUS$
2.176
2.163
NZD
2.471
2.485
AED
7.140
7.208

CHF

2.148
2.142

ZAR(Rand)

15.180
15.030

Charles’s Thoughts:  Sterling again held the middle ground. The Governor of the Bank of England highlighted the problem of rising costs and a faltering UK economy. UK Inflation could be as high as 3% by year end whereas the target is 2%. As a result, the market has reduced its expectations for further reductions in interest rates for the rest of the year by 0.25%. I still believe sterling is oversold [i.e. sterling should strengthen over the medium term but the reality could be a lot different] but beware if there is another major shock like Northern Rock as we would see sterling slide rapidly.

The US$ lost ground against sterling. The Fed Chief highlighted the fact that US economic conditions were poor and that further US interest rates cuts were a distinct possibility. This was on the back of better than expected US retail figures for January. The problems the US has with bad debts on property are huge. A recent programme highlighted how the property boom had been a gravy train for all, including the house owners who got large “cash back” payments when buying their property and seem to have limited liability when they have walked away from their properties/mortgages. The bad debts must end up somewhere!

Euro land cannot defy gravity and be an economic wonderland as all around is failing. It is very dependent on the US and UK as trading partners and as they suffer Euro land will begin to suffer. Interest rates were held by the European Central Bank. Germany saw a rebound business confidence albeit from historic lows. The Euro has a feeling of a safe haven currency at the moment and offering a reasonable yield but I continue to wonder how long this will last.

Strength for a number of commodity backed currencies especially the Australian $ which continues to benefit from high interest. Australian unemployment is also at record lows.

Why is Currency Management So Important? Using a bank could cost you £3-4,000 per £100,000 transferred. Buying at the “wrong” time could cost you many £’000′s more as rates can move as much as 3% in a very short period of time. Then add in transfer costs that the banks charge for sending and receiving funds and you could be looking at additional costs of £10,000 per £100,000 transferred. By developing a currency strategy and by working with a specialist currency broker these losses could be minimised if not eliminated.

Smart Client Testimonial: “Recent transaction was completed very efficiently. The process was well explained, all questions answered with confidence. The process was very simple to follow with excellent feedback throughout the process. Plus a great rate of exchange was provided. I will definitely use the service again” John Derek Thompson

If you haven’t opened a Smart account yet, call me on freephone 0808 163 0102 or fill out our online Account Form at: http://www.SmartCurrencyExchange.com/application.htm

How much will a Property Cost? To estimate the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above. But note this is based on the inter bank rate so the actual cost will be slightly more.

Charles Purdy
Charles Purdy


Smart Resources

Currency Strategy Worksheet
Need help creating a Currency Strategy? Download our Currency Strategy Worksheet:
http://www.smartcurrencyexchange.com/downloads/CurrencyStrategyWorksheet.pdf

Currency Report
Have your read our 10-page Currency Report that outlines the top 3 mistakes that overseas buyers make when exchanging and transferring their money overseas? Get the report here:
http://www.SmartCurrencyExchange.com/downloads/ThreeMistakes.pdf

Currency Quotation
Are you interested in a currency rate for Euros, US$’s, CYP, NZD, or any other currency, please fill out our Smart quotation form at: http://www.SmartCurrencyExchange.com/smartquotation.htm


Smart Currency Exchange Limited

   


Smart Currency Exchange | 1 Hammersmith Grove | Hammersmith | London | W6 0NB | UK

© 2005-2008 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are the interbank rates and valid at a moment in time. The interbank rate is the rate at which the banks deal with each other in the foreign exchange markets. Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we suggest that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!



SCE/OGC

1 Hammersmith Grove
London, London
W6 0NB
GB

If you no longer wish to receive communication from us:
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To update your contact information:
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Posted February 14th, 2008 by Charles Purdy

Smarts Daily Currency Note – 14th February 2008

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 14th February 2008

Currency

Rate

EURO

1.348

US$

1.972

CHF

2.173

CAN$

1.964

AUS$

2.180

Comments:  The Bank of England warned us that inflation was likely to be closer to 3% by the year end rather than the targeted 2%. The market has taken this to mean that reductions in UK interest rates could well be less than forecast. Sterling has benefited from this not least against the US$.

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.



Smart Currency Exchange | 1 Hammersmith Grove | Hammersmith | London | W6 0NB | UK

© 2005-2008 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!



SCE/OGC

1 Hammersmith Grove
London, London
W6 0NB
GB

If you no longer wish to receive communication from us:
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To update your contact information:
Update

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