What will the £/Euro exchange rate be on Nov 1 2019

ghrh

Let's see who are optimistic

Cliff

Why are you asking. Do you get paid in Dollars or Euros?

If we leave without any agreement from the EU then the £ could be on par with the Dollar. But it will rise again over 2020.
I also believe that if we do leave without the a new Withdrawal agreement being signed off the EU will get around the table pretty quickly.
If Brexit gets kicked into the long grass again, I suspect it will hover around $1.3

ghrh

No and yes

EarthRod

Exchange rates go up and down, down and up, back down, then up again etc.

Picking one day - the day after 31st October (assuming no delay) - will give a very narrow viewpoint. The day after the 1st November is another day.

...And, funnily enough, there is a day after that.

I wonder what the exchange rate will be at the end of this year?

ghrh

How many times has the pound been worth less than a Euro?

IronGiant

Is it 0? Do I get a prize?

EarthRod

...Hold on, I'll ask Bob Dylan.

nheather

So when the Euro was created it was 1.64 to the pound.

Continued membership of the EU saw that continually fall to 1.47 in 2007, losing 10% of its value.

In 2008 we had the crash where it fell to its lowest level ever 1.03 (we were still in the glorious EU then).

It has recovered a bit since then but generally bounced around the 1.2 mark.

We are currently at 1.10, so low, but not our lowest by some way.

So before the brexit referendum was even considered, the pound had gone from 1.64 to 1.20,  so losing about 27% of its value against the euro.

Cheers,

Nigel

ghrh

So never under 1 Euro then even during the 2008 crash.

Bl4ckGryph0n

I’m optimistic, for me personally it would be good to see it below 1€.

But ultimately and pound will still be a pound.