Forex Digest

euro exchange rate

Answers

Why has the euro exchange rate against the pound changed so much over the past 6 months?
Stack Of 50 EUR Bills

I was getting €1.44 for my pound last year and now it is as low as €1.27. Meaning more expensive holidays for us Brits.
I was getting €1.44 for my pound last year and now it is as low as €1.27. Meaning more expensive holidays for us Brits. Our economy is supposed to be strong and Europe's weak !


Our pound isnt doing so well hence you get less for it.

Yuan-Euro exchange rate falls below 10


For more information yon can refer to www.chinaassistor.com

Whats the Pound To Euro exchange rate onboard a Brittany Ferry?
Global Trade - World Currencies

I really need to know as i leave on sunday and cant get exchange anywhere in Uk as they need too much notice.

Anyone got any idea, in the form of:

"1 Pound equals approximately X euros".

I need it as up to date as possible.

If anyone knows the commision charge too i would be very grateful.

Thankyou.


I don't know todays rate but last week I got 1 euro + 19 cents
to the £ and I think they charged about £2.50 commission.

where is the best euro exchange rate, the uk or spain?
Global Currency - World and Money on Letters

i dont know whether to change my money into euros home in th euk, or wait till im in spain. where will i get a better exchange rate?


Two weeks ago, I got €1.18 in the UK, and €1.24 in Spain.

Don't change money at a bank in Spain - they'll rip you off for commission.

Have a look at the local exchange shops - they give the best rates with no commission.

I need the official average US Dollar to Euro exchange rate for 2007. Who determines this? Where to find it?
Global Currency - Earth and Words

I definitely need references here, though, I don't mind opinions and outright guesses if they are labeled as such. Thank you so much for your help.


I don't want to do the calculations, but this should help you with what you are looking for. If you use this document you are first going to need to convert USD to CAD and then Euro to CAD, and then subtract the two amounts.

http://www.bankofcanada.ca/pdf/nraa07.pd f

Alternatively you can use this, but I still think you will have to add them all up. Copy them into a spreadsheet to save a lot of work... set the range from Jan 1 2007 to Jan 1 2008, or whatever you want.

http://www.bankofcanada.ca/en/rates/exch form.html

Is there a market fund that is denominated in US dollars whose total return mimics the euro exchange rate?
Global Trade Words - World Currencies

What are the costs involved in the process?


Not a money fund, but an exchange traded fund, so it's a commission to buy and sell, good place to leave the money if you don't need to draw it out regularly

This is it:
CurrencyShares Euro Trust (NYSE: FXE )

you can get canadian dollars FXC , british pounds FXB , swiss franc FXF, mexican peso FXM, australian dollar, FXA

Asia Currencies Rise, Led by Rupiah, on Signs of Export Rebound


By David Yong and Anil Varma

Oct. 14 (Bloomberg) -- Indonesia’s rupiah and India’s rupee climbed to their highest levels in more than a year, leading gains in Asian currencies, as data across the region bolstered optimism that export demand will rebound.

The rupiah rose after Finance Minister Sri Mulyani Indrawati said yesterday the economy may have grown 4.1 percent to 4.3 percent last quarter, from 4 percent in the previous three months. The rupee advanced as C. Rangarajan, who heads Prime Minister Manmohan Singh’s economic advisory council, said India will maintain pro-growth policies. China’s yuan forwards gained after the government said exports dropped the least in nine months.

“The risk environment is supporting fund flows and currencies in the region,” said Gundy Cahyadi, an economist at Ideaglobal in Singapore. “People are more upbeat on the recovery prospects and that Asia will lead the process.”

The rupiah advanced 0.9 percent to 9,370 per dollar as of 2:55 p.m. in Jakarta, according to data compiled by Bloomberg. It rose to 9,350 on Oct. 8, the highest level since September 2008. The rupee climbed 0.8 percent to 46.1325 a dollar. It touched 46.085 earlier, the strongest level since September 2008. The ringgit rose 0.6 percent to 3.3715 per dollar and the South Korean won strengthened 0.3 percent to 1,164.80.

Exchange Rates: EURO, USD, GBP vs THB from 2006 to 2009 ...

One criteria you will have to chew over when investing into Thailand will be the crave reconcile volatility of the currency of your make clear mother country against the THB because the growth of the exchange rates will be one of the atmosphere that will touch on the great session your reciprocation on your investment. Being no fiscal wizard I cannot communicate you how currencies will evolute against each others in the following. What I can show you is how some of the greatest globe currencies have evolved against the THB during the finished four years.

Why did I on 2006 as the year of certification? Absolutely because 2006 was the year of the Coup D’état that ended Dr. Thaksin Shinawatra job security as Thailand longest serving Prime Vicar and it was for a lot of businessmen in Thailand the last of the adequate years. Since then Thailand has been plagued by governmental exasperate and had to go through a worldwide thrifty moment. This is why I memories it would be absorbing to look how the Thai Baht has fluctuated against extrinsic currencies during this rutted term.

The least we can say is that the 3 principal currencies presented below have undulate a lot against the THB during the past 4 years.   The USD, Euro, and GBO have all late value against the THB in 2007 and 2008 and of the three currencies only the Euro is back at its 2006 rate.

Of all the principal currencies, the GBP is the one that has missing the most value against the THB over the former times three years and is also the only one out of the three currencies examined which value is still eroding against the THB.

Later this month I will reveal another set to the developing of the Swedish, Russian, Japanese and Australian currencies against the THB.

...

Read more...

News

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Bloomberg - Oct 14, 2009

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Homesgofast.com - Oct 14, 2009

Exchange Rate Outlook Darkens For Pound Daily MailA CEBR (Centre for Economics and Business Research) report released this week, predicts the exchange rate for buying Euros to possibly fall below £1 = €1, Lock into exchange rates as Sterling remains volatile, warns HiFXThe so called recovery in Germany and France is nothing of the sortSterling Takes a Beating -all 75 news articles »
WORLD FOREX:Euro Hits 14-Mo High Vs Dollar On Low US Rates

Wall Street Journal - Oct 14, 2009

head of the foreign exchange group at Societe Generale. At 0450 GMT, the euro stood at $1.4885 compared to $1.4829 late Tuesday in New York. US Dollar Drops to New Low as Chinese Export Figures Boost Risk Appetite (Euro Daily Commentary - 14/10/2009all 8 news articles »
FOCUS: Sterling Weakness Adds To Ireland's Economic Troubles

Wall Street Journal - Oct 14, 2009

FOCUS: Sterling Weakness Adds To Ireland's Economic TroublesBut despite the growing costs of having no control over its exchange rate, there is little to no appetite in Ireland for ditching the euro, which is seen as
Exchange rate volatility poses risks - ECB's Trichet

Reuters - Oct 08, 2009

Exchange rate volatility poses risks - ECB's Trichet BBC NewsExchange rate volatility poses risks - ECB's Trichet"We will continue to monitor exchange markets closely and cooperate as appropriate." The euro has gained roughly 3 percent against the dollar since the ECB's Sramko Signals Comfortable With Exchange RatesECB interest rates to stay anchored: analystsEuro, British Pound Little Changed Ahead of ECB and BOE Interest Rate Decision - -all 1,096 news articles »