Exchange Rate Now!

If you likes to frequent Marks and Spencers, you will realise 2 things regarding the exchange rate policy of this company when shopping.

Firstly, the price tags of products are mostly quoted in Euro or the Great Britain Pound (GBP). However, the price in local currency is almost always higher than what you would get from a direct conversion of Euro, GBP to your local currency, using the current exchange rates.

Secondly, if you will like to convert any currency in the store, the exchange rate quoted is almost always worse off than what you would had gotten from most other money changes (more…)

The Great Britain Pound used to be one of the renowned “expensive” currency in the world. As recent as Jul 2008, it was trading at 1 GBP = 2 USD. It took a tumble during the financial crisis later in the year to a 1 GBP = 1.45 USD before recovering part of it to current levels of 1 GBP = 1.67  USD. Still one of the more “expensive” currency around though. To find the latest exchange rate between the Great Britain Pound (GBP) and US Dollar (USD), use the tool at the end of this post.

USD Against GBP

At current levels, UK products are considered attractive. This is especially so for (more…)