GBP to EUR exchange rate, chart

Nico, thank you for a question. It’s hard to say which currency is the most reliable and stable for your own personal capital, yet the smartest thing to do would be to choose the currencies that are acknowledged as the most secure and popular in the world. If you own particularly large amount of money, you should do a better research and hire a financial consultant who would analyze which currencies are the best for your savings and determine what meets your needs. Some of the currencies that are considered to be the most secure are: Norwegian krone, euro, US dollar, Swiss franc, Swedish krona, British pound, Canadian dollar, Japanese yen.

Dexter, thank you for the question. As I mentioned before, pound exchange rate is going to be very unstable during the period of withdrawal from the European Union. However, in my opinion, Great Britain will benefit from its decisions and the pound will recover in a long period of time. The situation is very unstable at the moment and the pound is sensitive to any changes, the markets need to settle and deal with this situation. There is going to be a lot of discussions regarding the exit bill that the UK will be required to pay, it will also concern customs, trade and other aspects, which are going to depend on Britain. I believe that that Britain will deal with the issue and leave UK, which will make the pound grow stronger. We will find out if my wrong in a couple of years. Meanwhile, the forecast for the pound is very unpredictable and unstable.