The Pound’s global strength

While GBPEUR exchange rates have hit all the headlines recently, and been the focus for a majority of our blogs, I thought it would be nice review the pounds situation against some other currencies. Below I have collated information about the volatility from high to low against these currencies over the last 12 months we both trade and have experience with here at Pound Sterling Forecast.

Currency Pair

Percent
movement from high to low over last 12 months

Extra
Currency on a £200,000 transfer if buying at the high

Indian Rupee

21.0%

INR 3,738,000

Hungarian Forint

24.5%

HUF 19,000,000

Polish Zloty

20.8%

PLN 228,560

South African Rand

19.8%

ZAR 528,000

Czech Koruna

17.4%

CZK 1,127,000

Mexican Peso

16.6%

MXN 738,000

 

 

 

 

 

 

 

 

 

 

 

Remember, at Pound Sterling Forecast, we are happy to assist you with the exchange and transfer of money for a huge variety of reasons such as property, emigration, investments, cars, weddings, hotel bills, imports and exports to name but a few. Remember that if we could not save you money compared to the banks, we would simply not be in business!

As mentioned last night – there are about 30 economic events that take place for each currency, Read here. Knowing this can make a significant difference on any trade. So, if you, a friend, relative, colleague or your business have currency exposure that you have not already discussed with ourselves then make sure you do – alternatively if you haven’t already spoken to someone here email me directly at hse@currencies.co.uk

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