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1 EUR = 0.8187 GBP

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Articles & Guides Money, Currency

Sterling Outlook - What's Influencing Forex Movements in the UK?

The honeymoon period with the new Conservative government is over.

Sterling enjoyed a brief rally this summer, with a 2% rise against a basket of currencies of the UK’s major trading partners and rose around 9 cents to hover just below the USD $1.60 mark.Sterling has managed to perform relatively well because of the inherent weaknesses of other economies; the Euro was held back (the Greek economic crisis) and the US dollar has been suffering against every other major economy in the world as it struggles to shake itself out of the effects of recession.Now...

National Statistics Office Reports 10% Drop in Overseas Holidaymakers Spending

The UK National Statistics Office has reported that overseas spending by British holiday makers has dropped by 10%. However, at the same time, spending in the UK by foreign tourists has increased by 4%.

Foreign Exchange Services for UK Businesses Overseas

The UK was once regarded as the “workshop of the world”, and exports still account for a substantial portion of UK manufacturing and commercial activities today.

Dealing with Foreign Exchange Risk

Transacting business overseas is a valuable commercial hedge against adverse market conditions at home as well as a mean of providing highly profitable opportunities to generate business growth.

UK Travel Money and Currency Exchange Options

Shop Around for Best Value Currency Exchange When Leaving the UK

Disclaimer: MisterCurrency.com Currency Converter uses rates from various sources including central banks reference rates. The currency exchange rates shown are indicative rates.

Currency Converter

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From

EXCHANGE RATES

1 GBP = 1.221 EUR

1.599	USD - U.S. Dollar
12.406	HKD - Hong Kong Dollar
1.581	CAD - Canadian Dollar
12.53	ZAR - South African Rand
2	SGD - Singapore Dollar
1.469	CHF - Swiss Franc
1.542	AUD - Australian Dollar
12.048	HKD - Hong Kong Dollar
1.577	CAD - Canadian Dollar

Top Services

Local Services

EUR / USD ? Doing well to stay within reach of 1.30

Over the last couple of weeks, the Euro has retraced from its highs near 1.32 and the 1.30 level emerged again as a level of significance. It was able to provide some support a couple of weeks ago however the Euro has since broken through. It also attempted to cling onto the 1.30 level, however it was sold heavily at any price above 1.30. Over the last week, the Euro continued to face intense selling pressure which eventually wore it down as it stepped lower in largely 50 pip moves. It...

Aussie Uncertain Ahead of RBA Decision

The Australian dollar was unable to produce a clear trend today ahead of tomorrow’s monetary policy decision of Australia’s central bank. Aussie’s performance against the euro was more defined as the shared 17-nation currency outperformed most of its trading peers, including the Australian currency.(...)Read the rest of Aussie Uncertain Ahead of RBA Decision (109 words) Posted on Forex News.

Higher Commodity Prices Lead to Gains of Loonie

The Canadian dollar advanced today as positive macroeconomic indicators and rising prices for raw materials supported demand for the currency tied to commodities. The loonie was unable to outperform the euro, which rallied on the positive news from Spain.(...)Read the rest of Higher Commodity Prices Lead to Gains of Loonie (108 words) Posted on Forex News.

Pound Down vs. Euro on Manufacturing PMI, Stable vs. Dollar

The unexpected decline of the UK manufacturing index led to drop of the Great Britain pound against the euro. Britain’s currency was little changed versus the US dollar and the Japanese yen.(...)Read the rest of Pound Down vs. Euro on Manufacturing PMI, Stable vs. Dollar (66 words) Posted on Forex News.

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