Independent Currency Exchange Brokers
Last month there were the following highs and lows on the exchange rates with highs of 1.1832 and lows of 1.1632 making a massive potential loss of €2,000 for exchanging £100,000 for Euros in the space of one month. You can avoid these potential losses by using a currency exchange rate specialist who will fix you the best rate in advance and protect you against downturns.
However with all this uncertainty anyone buying a Spanish property this year is advised to talk to one of the currency exchange specialists who can peg a forward rate for you to prevent losing out on currency changes.
For advice and our recommendations on who best to talk to contact us at info@hotpropertiesinspain.com
Exchange rate highs and lows for September 2021 to date: 1 GBP = 1.1663 Euros (Sept high) - 1.1632 Euro (Sept low)
Highest exchange rate during past year = 1.1832 (Aug 2021) Lowest during past year = 1.0761 (Sept 2020)