Oct 6
The Sterling Euro Exchange Rate – Does Anyone Really Understand?
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Crikey – what on earth is happening to the exchange rate at the moment.
After the scary days of January when the sterling euro exchange rate fell to a record low of 1.02 and some travelers were being paid 96p for each euro purchased, we saw a steady recovery to highs of 1.18 in June this year – hardly back to the good old days of 1.47 but a move in the right direction!
And now, our hopes are dashed again. As I write, one British pound is worth a paltry 1.0801
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