Will the Euro weaken further?

Wednesday 19th May, 2010, Global Currency Exchange market comment

Buying, or selling, euros? Now could be the time to make a move.

Most people believe the euro has further to slide against the dollar and the aed of Dubai and Abu Dhabi. If you HAVE to sell euros soon, for dollars or aed, then you may want to talk to us about setting a rate, or just buy now!

EURO to USD / AED: The Euro slid again yesterday against the US Dollar, dropping to below $1.22. This had a great deal to do with Germany’s announcementthat they wish to ban “short selling” of shares and euro government bonds among its 10 most important financial institutions. This was the lowest figure against the dollar since April 2006.

POUND TO EURO: The pound continues to hold at over 1.15, with some good news coming from the Bank of England. It looks likely that the Bank will maintain interest rates at the current low level. British businesses can take advantage of the situation, with the lowest period of borrowing at this level for some considerable time. This, in turn, will help the economy to recover at a faster rate than Europe.

POUND to US DOLLAR: With some good news coming out of the UK economy, the Pound has slowed it’s decline, but sits at an uncomfortable $1.42. Most economists believe, Sterling will go lower against the USD.

With the currency rates altering as quickly as they are, we suggest you choose from the following:

  1. If the rate suits you now, make that exchange. It may go a bit more in your favour, but it’s just as likely to go against you.
  2. If the rate doesn’t suit you, contact us here, and let us know what rate you need. We will put you on our “Rate watch” list and contact you as soon as your rate is achieved.

Talk to us about placing just a 10% deposit down, and fixing your currency deal at the best exchange rates today. It could save you thousands.

Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates. If you prefer, contact us by email here

 

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Abu Dhabi and Dubai aed, dhs, currency rates

currency conversion by professionals

The UAE Dirham rates this morning versus other currencies including British Pounds Sterling, euros, USD, Canadian and Australian dollars, Russian Rubles together with Japanese Yen were….

Base currency United Arab Emirates Dirhams, dhs aed, for Dubai and Abu Dhabi on 7th January, 2010:

Currency Code AED/1 Unit Units/1 AED
Australian Dollar

AUD

3.3609

0.2977

Brazilian Real

BRL

2.1243

0.4723

Canadian Dollar

CAD

3.543

0.2824

Swiss Franc

CHF

3.558

0.2812

Egyptian Pound

EGP

0.6776

1.4953

Euro

EUR

5.2777

0.1896

British Pound

GBP

5.8755

0.1703

Hong Kong Dollar

HKD

0.4737

2.1119

Indian Rupee

INR

0.07989

12.5516

Japanese Yen

JPY

0.03987

25.0946

New Zealand Dollar

NZD

2.6966

0.3711

Polish Zloty

PLN

1.2903

0.777

Russian Rouble

RUB

0.123

8.1382

Swedish Krona

SEK

0.5179

1.9338

Thai Baht

THB

0.111

9.0414

US Dollar

USD

3.6738

0.2723

East Caribbean Dollar

XCD

1.413

0.7162

South African Rand

ZAR

0.5015

1.9987

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Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value.

Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates.

The British Pound value today

currency conversion by professionals

The British Pound sterling rates today versus other currencies including AED Dirham of Dubai and Abu Dhabi, euros, USD, Canadian and Australian dollars together with Japanese Yen can be bought and sold through our global currency exchange network at the best currency exchange rates available today.

The exchange rates for currency, London pound sterling, GBP, for the morning of 4th December, 2009 are shown below. For LIVE CURRENCY RATES use the button on the right and take advantage of the most efficient currency exchange service available.

Currency Code GBP/1 Unit Units/1 GBP
Utd. Arab Emir. Dirham

AED

0.1637

6.1128

Australian Dollar

AUD

0.558

1.7926

Brazilian Real

BRL

0.3519

2.8509

Canadian Dollar

CAD

0.5721

1.7487

Swiss Franc

CHF

0.6017

1.6623

Danish Krone

DKK

0.122

8.2027

Egyptian Pound

EGP

0.1109

9.1324

Euro

EUR

0.9071

1.1025

Hong Kong Dollar

HKD

0.07756

12.895

Indian Rupee

INR

0.01303

76.9272

Japanese Yen

JPY

0.006839

146.262

Polish Zloty

PLN

0.2218

4.5199

Russian Rouble

RUB

0.02059

48.5924

Swedish Krona

SEK

0.08804

11.3755

Thai Baht

THB

0.01818

55.2237

US Dollar

USD

0.6011

1.6638

East Caribbean Dollar

XCD

0.2251

4.4923

South African Rand

ZAR

0.08224

12.1835

save_money_currency_exchange_services

Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value.

Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates.