The live exchange rates shown on this page are the ‘interbank’ exchange rates. These should be seen as an indication of the market and are therefore designed for informational purposes only. If nothing else, the fluctuations that can occur from one second to the other should help demonstrate the importance of employing currency risk mitigation strategies, if your business has dealings in foreign currencies.
Our team is on hand to answer any questions you might have relating to the live exchange rates between any given currency pairing. 2018 was certainly a year of political and economic uncertainty and that significantly impacted on currency volatility. 2019 has already shown a similar level of volatility, especially for pound sterling, and this trend looks set to continue for some time. Brexit related events in particular could impact on your company’s budget, margins and profits.
To find out more about how Smart Currency Business can help you realise your business growth ambitions, email [email protected] or give one of our team a call on 020 7898 0500.
Find out how we can help your business
Avoid the risk of profit erosion from fluctuating rates with Smart Currency Business products and services
Forward Contracts
Forward contracts enable you to reserve a price for buying or selling currencies on a specific date in the future. They can be an important part of a company’s hedging toolkit. Read more
Spot Contracts
A spot contract is the most basic of all foreign exchange products available. It involves the purchasing or selling of currency for immediate settlement on the spot date. Read more
Option Contracts
Foreign exchange options give businesses who hold an option the right to buy or sell currencies at an agreed exchange rate and date should the exchange rates move against them. Read more