Sterling Euro Exchange Rates
Sterling was marginally lower yesterday against a stronger Euro. The Pound was worth €1.21 at the close of business yesterday. Recent eurozone economic data has been more robust than forecast. In addition to recent strong German GDP data, there been a further increase in the eurozone consumer confidence index to 101.8 in August, a level that is compatible with a moderate upturn in European Union consumer demand.
Best Exchange Rates – :
If you are planning to exchange large amounts of currency – maybe for a property purchase or other purchases – you will usually get the best exchange rates from a specialist currency broker instead of going to your own bank.
If you are moving to the UK or another non Euro country for work – and need to transfer a large amount of Euros into Sterling – you should also check out the savings you can make by using a currency broker.
On paper the actual rate differences may look tiny – but on large transactions a difference of just 0.01 inthe exchange rate could save you €1000 on a €100k exchange. Why let the banks have it?
Currency Solutions is one UK based specialist broker that can carry out conversions of larger amounts of currency for you – (amounts over £3000 GBP usually) – commission free and at better exchange rates than the high street banks.
You can visit their website for a free no obligation quote – or you call them on 0044 207 740 0000 - and ask for the Money Guide Ireland dedicated contact - Ernie Enver. He will be able to give you a quick response to any queries.
Businesses
If you run a business with regular payments or invoices in Sterling or other non Euro currencies – then Currency Solutions will also be able to save you money on exchange rates and charges. Visit the Currency Solutions website or call Ernie Enver on 0044 207 740 0000 to find out more details. Mention “Money Guide Ireland ” when calling