I suspect the most important factor for UK buyers looking to move to France during 2016 will be the interaction between the £ and €. For buyers from further afield and outside the Eurozone the FX market is equally important.
Below is a quick snapshot of the market today and a year ago, also highlighting the highs and lows during this 12 month period.
Currencies | 2015 | 2016 | High | Low |
UK £ | 1.34 | 1.305 | 1.44 | 1.29 |
AUS $ | 0.70 | 0.645 | 0.73 | 0.61 |
US $ | 0.88 | 0.92 | 0.95 | 0.86 |
Timing is crucial, and we do recommend that buyers affected by currency fluctuations keep a regular dialogue with our currency partners.
image copyright mkos83
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