Friday, January 15, 2010
EURO/GBP - 1.132
US$/GBP - 1.631
CHF/GBP - 1.672
CAN$/GBP - 1.675
AUS$/GBP - 1.759
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Comments: A bit of strength from sterling more on the back of bad news from elsewhere rather than anything positive from in the UK. The European Central Bank kept interests on hold which was as expected. They were also cautious on euro zone prospects and offered little hope of the ECB bailing out Greece. So the euro lost ground against most currencies. The Australian dollar benefitted from better than expected fall in Australian unemployment figures.
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.
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Disclaimer
Exchange rates can move very quickly. The above rates are valid at a moment in time. We have no crystal ball and we recommend that if an exchange rate works for your budget then don’t wait for an even better exchange rate - Murphy’s Law says the rate will go against you and cause you maximum pain! Suggestions should not be taken as advice or fact.
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