Exchange Rates

Q. How volatile is the Euro against other major currencies?

A. If only we knew! Seriously though it can be a concern when it comes to financial planning when having to rely on income or make payments from other currencies. Although we live in an uncertain world, over the long term major currencies such as the US $ and Sterling tend to be fairly stable. In the short and medium terms though the cost of sale or purchase of a property can be heavily influenced by exchange rate fluctuations. In order to be assured of what possibilities there are with reducing the risk of uncertain exchange rates we suggest you talk to Hifx, they provide a worldwide service for all major currencies and can guarantee a competitive rate for two years. If you have email they can provide you with daily updates. Visit our money transfer page for further details or, if you want to be kept up to date bookmark our site and click on currency converter.

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