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Posted June 16th, 2009 by Charles Purdy

Smart Daily Currency Note – 16th June 2009

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 16th June 2009


Currency

Rate

EURO

1.180

US$

1.634

CHF

1.779

CAN$

1.848

AUS$

2.056

Comments: Today we wait for the UK inflation figures which are expected to be bang on target at 2%. I suspect though this is only a brief staging post as we head towards 0%. One of the main reasons for inflation still being even close to 2% is the depreciation of sterling and the resultant increase in the cost of imports. As we see sterling improve it seems reasonable to expect the cost of imports to come down. Sterling gained a bit of ground against the € but lost ground against the US$ as risk aversion increased and the major powers such as China and Russia confirmed that the US$ was still the reserve currency for the world..

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 Lyric Square | Hammersmith | London | W6 0NB | UK

© 2005-2009 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!





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Posted June 12th, 2009 by Charles Purdy

Smart Weekly Currency Note – 12th June 2009

 
  Smart Currency Exchange – Weekly Currency Rates for Overseas Property Buyers  
Weekly Currency Interbank Exchange Rates 12th June 2009

Currency
Rate Last
Week
Rate This
Week
EURO
1.144
1.174
US$
1.601
1.650
CAN$
1.783
1.842
AUS$
1.997
2.031
NZD
2.533
2.573
AED
5.876
6.059

CHF

1.737
1.780

ZAR(Rand)

12.866
13.272

Charles’s Thoughts: With very little significant economic data and a quieter week for the under-fire Gordon Brown, sterling made the most of its chance to prove its recent trend was perhaps not the false dawn some had expected. Much of the focus for sterling has centred around the speculation that the decline in the UK economy is nearing or perhaps reached its end. Though several sources including the Bank of England and Chancellor Darling have warned against assuming that the recession is nearing its end, confidence surveys and economic data have reflected that conditions are still poor but not deteriorating as they had been in previous months. UK industrial production has increased marginally and the NIESR estimate of UK growth based on GDP showed a turnaround as of April with the improvements continuing through May. Further, steady improvements against the euro have lifted spirits, given the near-parity disasters at the start of the year and sterling has regained ground against the US$ and finished the week close to last week highs.

Euro economic data was also sparse this week and so the euro did not make any particularly large gains or losses in the week, though there were disappointing figures regarding money supply and German industrial production. In spite of losses made against sterling during the week the euro managed to hold a relatively steady price against the US$. There has been some speculation as to whether the European Central Bank will look to increase interest rates but given that many expect Europe to be lagging behind in the cycle suggests that there is still a possibility that rates will be cut even further.

US equity market rises have helped encourage more risk taking on the markets and so as we have seen in recent months, the US$ has suffered as a consequence of this. The improvements in US equity markets have been as much a result of the increasing optimism in global markets and so were unlikely to simply flatter the US$. US economic data including trade balance figures and the 6-weekly ‘Beige book’ published by the Federal Reserve caused little surprise and so made for a rather uneventful week for the US$. There is little significant data for due out from the US next week which suggests that the focus will remain on sterling’s performance in the new risk-appetite lead market.

The commodity backed currencies and “high interest rate” currencies had a good week overall as risk appetite was on the increase but sterling did manage to gain ground against most if not all of them.

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: “Thank you for making our transactions go so smoothly. As promised, our account was opened within hours. Your traders were pleasant and efficient, and each transaction was very much at the exchange rate I expected…ie not a million miles away from the inter-bank rates and certainly much better than my high street bank could quote. All in all, an easy experience and we will have absolutely no hesitation in recommending your services to any of our friends buying property abroad.” Ian Pritchard

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 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 Lyric Square | Hammersmith | London | W6 0NB | UK

© 2005-2009 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 trouble!



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Posted June 12th, 2009 by Charles Purdy

Smart Daily Currency Note – 12th June 2009

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 12th June 2009

Currency

Rate

EURO

1.173

US$

1.656

CHF

1.773

CAN$

1.838

AUS$

2.031

Comments: Sterling continued its upward trend against the US$ and the $. Following the first growth in UK industrial output in more than a year in April the National Institute for Economic and Social Research stated that the UK recession had passed through its low point in March. Hopefully they are correct. The US$ also suffered as the US had to raise the yield it paid on bonds it was issuing for its ongoing funding requirements. The bond issue went well but the market is taking this as an indicator of what will be required for further issuances. I suspect we will see the same type of trend here in the UK.

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 Lyric Square | Hammersmith | London | W6 0NB | UK

© 2005-2009 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

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London, London
W6 0NB
GB

If you no longer wish to receive communication from us:
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Posted June 11th, 2009 by Charles Purdy

Smart Daily Currency Note – 11th June 2009

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 11th June 2009

Currency

Rate

EURO

1.169

US$

1.638

CHF

1.767

CAN$

1.809

AUS$

2.022

Comments: Sterling is still on the up. Listening to a well known finance pundit on the radio this morning he was warning people not to think that sterling was only going to go one way. His view was that sterling looked slightly more attractive this week than the alternatives [US$, € and the Yen] but sterling still wasn’t that attractive. And I think he is correct as there are still very significant problems that the UK economy has to solve before we can say sterling is improving from a position of strength. On the economic data front UK industrial production recorded its first rise in 14 months in April. Hopefully these green shoots will continue growing.

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 Lyric Square | Hammersmith | London | W6 0NB | UK

© 2005-2009 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 Lyric Square
London, London
W6 0NB
GB

If you no longer wish to receive communication from us:
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Posted June 10th, 2009 by Charles Purdy

Smart Daily Currency Note – 10th June 2009

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 10th June 2009

Currency

Rate

EURO

1.163

US$

1.636

CHF

1.763

CAN$

1.804

AUS$

2.026

Comments: Sterling had a good day yesterday against the € and the US$. Here in the UK, according to the Royal Institution of Chartered Surveyors, house prices fell at the slowest rate since November 2007. Also a cease fire in the political turmoil helped. In the US the feeling was that the unemployment figures released on Friday were okay but too much was being made of them. There was still a long way to go before the Fed may start to increase interest rates.

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 Lyric Square | Hammersmith | London | W6 0NB | UK

© 2005-2009 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 Lyric Square
London, London
W6 0NB
GB

If you no longer wish to receive communication from us:
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Posted June 9th, 2009 by Charles Purdy

Smart Daily Currency Note – 9th June 2009

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 9th June 2009

Currency

Rate

EURO

1.159

US$

1.613

CHF

1.759

CAN$

1.793

AUS$

2.035

Comments: Against a background of political turmoil sterling actually gained ground against the € and the US$. This must be a good sign as it shows that even with bad news sterling is becoming more resilient. There is little UK economic data to be released this week and the main story will be whether or not Gordon Brown can hang on to his job as Prime Minister. Elsewhere the US$ although losing ground against sterling gained ground on the back of the better than expected US unemployment data released on Friday. In Euro land the credit rating for Ireland was lowered by Standard and Poors which had a negative effect on the €.

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 Lyric Square | Hammersmith | London | W6 0NB | UK

© 2005-2009 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 Lyric Square
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 June 5th, 2009 by Charles Purdy

Smart Weekly Currency Note – 5th June 2009

 
  Smart Currency Exchange – Weekly Currency Rates for Overseas Property Buyers  
Weekly Currency Interbank Exchange Rates 5th June 2009

Currency
Rate Last
Week
Rate This
Week
EURO
1.143
1.144
US$
1.619
1.601
CAN$
1.766
1.783
AUS$
2.019
1.997
NZD
2.535
2.533
AED
5.938
5.876

CHF

1.726
1.737

ZAR(Rand)

12.885
12.866

Charles’s Thoughts: Sterling’s positive run on most major currencies was curtailed in the middle of this week as risk-aversion returned and the safe-haven USD regained lost ground from last month. The mounting pressure on Gordon Brown to resign as PM, having navigated the UK economy this far through the credit crisis, has reflected poorly on sterling as any major upheaval in domestic politics could spell a reworking of current plans and delay action on matters yet to be resolved. UK Economic data over the week, ranging from consumer credit reports, mortgage approvals and inflation data, was no worse than expected. The Bank of England also kept interest rates on hold at 0.5% and stated that there would be no immediate expansion of the quantitive easing measures – at least for the time being. By close on Friday, sterling was roughly 2 cents down from its opening price on Monday against the US$ but 7 cents down from its peak price mid-week. Against the euro sterling managed to rally back from its midweek losses and close trading on Friday practically unchanged from Monday’s levels.

The US$ bounced back from its recent fall against almost all major currencies this week as risk aversion and the demand for safe-haven assets returned to the markets. There was also a major boost for the US economy on Friday as unemployment data showed a much better result for the month of May than was widely anticipated. The US$’s return to strength is perhaps a loss of confidence in the ‘bear run’ of investor confidence and a quick sell off of the high-yield assets. There will be great interest over the coming weeks as to which trajectory the US$ will take, as a continuation of risk-appetite may give a major clue to the worst of the crisis being over.

There were no major surprises in European market data this week nor from the European Central Bank’s decision to keep their interest rates on hold in their meeting on Thursday. Though there was a further revision down of GDP estimates for late 2009, the euro has been broadly resilient to the suggestions and speculation that conditions will continue to deteriorate in Europe as Britain and the US begin to see the vague signs of recovery. Eurozone inflation figures and estimates continue to weigh on the euro but with little suggestion that monetary policy will change it may be some time before we see much long-term upside for the single currency.

No major news for high-yield and/or commodity backed currencies. Continued demand for commodities is still supporting the strength of the Australian and Canadian dollars.

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: “Thank you for making our transactions go so smoothly. As promised, our account was opened within hours. Your traders were pleasant and efficient, and each transaction was very much at the exchange rate I expected…ie not a million miles away from the inter-bank rates and certainly much better than my high street bank could quote. All in all, an easy experience and we will have absolutely no hesitation in recommending your services to any of our friends buying property abroad.” Ian Pritchard

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 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 Lyric Square | Hammersmith | London | W6 0NB | UK

© 2005-2009 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 trouble!



SCE/OGC

1 Lyric Square
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 June 5th, 2009 by Charles Purdy

Smart Daily Currency Note – 5th June 2009

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 5th June 2009

Currency

Rate

EURO

1.130

US$

1.608

CHF

1.716

CAN$

1.767

AUS$

1.996

Comments: A poor day for sterling losing another 3 cents against the US$. It also lost ground against the €. The driver this time was news at home with markets being spooked by rumours of Gordon Brown resigning. Clearly these were unfounded but the turmoil in the UK government will continue to undermine sterling. Interest rates were kept on hold by both the Bank of England and the European Central Bank. This was as expected so no surprise there. Today we have the US unemployment figures which will indicate how the worlds largest economy is handling the recession. So best to expect another volatile day for sterling especially with the result of yesterdays elections being announced today.

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 Lyric Square | Hammersmith | London | W6 0NB | UK

© 2005-2009 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 Lyric Square
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 June 4th, 2009 by Charles Purdy

Smart Daily Currency Note – 4th June 2009

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 4th June 2009

Currency

Rate

EURO

1.149

US$

1.634

CHF

1.742

CAN$

1.807

AUS$

2.027

Comments: Sterling pulled back yesterday, especially against the US$ as sterling lost 3 cents during the course of the day. There was a lack of UK economic data so the reasons for the pull back lay elsewhere. Again there was a correlation between the markets falling, risk aversion rising and the US$ strengthening. There was also a realisation that there was no real alternative to the US$ as a reserve currency so although US creditors may be reluctant to keep on increasing the amount of US$’s they hold they are unlikely to find/look for alternatives for those they already hold. Today we have the Bank of England and the European Central Bank meeting. The expectation is for no change in interest rates. Of more interest will be the statements that the respective banks make on their economies and how they view the future. Tomorrow we have the unemployment figures from 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 Lyric Square | Hammersmith | London | W6 0NB | UK

© 2005-2009 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 Lyric Square
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 June 3rd, 2009 by Charles Purdy

Smart Daily Currency Note – 3rd June 2009

 
Smart Currency Exchange – Daily Currency Rates for Overseas Property Buyers  
Free Daily Inter Bank Currency Exchange Rates 3rd June 2009

Currency

Rate

EURO

1.161

US$

1.663

CHF

1.765

CAN$

1.799

AUS$

2.017

Comments: The UK government maybe in turmoil but sterling continues to gain ground against both the euro and the US$. The basis for the gain seems to be based more on bad news elsewhere rather than any great belief in the UK economy. Worries any still being circulated about a possible downgrade to US government debt and Euro zone unemployment is hitting record levels. So we wait for the Bank of England’s and the European Central Banks meetings tomorrow to see their views on where to next.

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 Lyric Square | Hammersmith | London | W6 0NB | UK

© 2005-2009 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

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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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