Live Exchange Rates

Live RatesCurrency Charts

Quarterly Currency Forecasts – Jan-Mar 2018

Find out how we can help you

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. 2017 was certainly a year of political and economic uncertainty and that significantly impacted on currency volatility. 2018 has already shown a similar level of volatility and this is a trend that looks set to continue for some time. To get an overview of some of the key events for 2018 that could have a bearing on the live exchange rates throughout the year, take a look at our Key Dates for Your Diary 2018 infographic. The Italian election, European Council summit and the UK local elections are just three examples of events that 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 info@smartcurrencybusiness.com or give one of our team a call on 020 7898 0500.

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World Interest Rates Table

Central bank interest rates affect the currency markets and economic performance of a region, which are key factors that can cause exchange rate fluctuations.

Bank
Rate
Bank of England (GBP)
0.50%
Federal Reserve (USD)
1.25%
Swiss National Bank (CHF)
-0.75%
Bank of Canada (CAD)
1.00%
Bank
Rate
European Central Bank (EUR)
0.00%
Bank of Japan (JPY)
-0.10%
Reserve Bank of New Zealand (NZD)
1.75%
Reserve Bank of Australia (AUD)
1.50%

Key dates in February 2018

Key data releases from institutions reflect the economic stability of a region; affecting market confidence and the value of that region’s currency, causing rate fluctuations.

Region
Event
Date
US
Non Farm Payrolls
02/02/2018
US
Balance of Trade
06/02/2018
UK
BoE Interest Rate Decision
08/02/2018
EU
German Balance of Trade
08/02/2018
UK
Balance of Trade
09/02/2018
UK
Inflation Rate
13/02/2018
EU
GDP Growth Rate
14/02/2018
USInflation Rate
14/02/2018 
EU
Balance of Trade15/02/2018
EU
ZEW Economic Sentiment Index
20/02/2018
UK
Unemployment Rate
21/02/2018
UK
GDP Growth Rate
22/02/2018
US
GDP Growth Rate
28/02/2018

Avoid the risk of profit erosion from fluctuating rates with Smart Currency Business products and services

Forward Contracts

Forwards

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

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

options

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