Fri 13th April 2012
In this post I’d like to answer the question: what is the definition a strong pound?
A strong pound is this:
When you exchange the pound for more foreign currency than you could before.
For instance, the pound might be at 1.15 against the euro today.
However, if the pound was at 1.10 yesterday, that means the pound is stronger today.
You'll therefore receive more euros, when you exchange your pounds.
Get a free exchange rate quote
Get a free exchange rate quote to get our best exchange rate, and find out how much you could save with Pure FX.
We’ll give you a pound exchange rate guaranteed to beat your high street bank.