At the end of last week, one pound sterling was worth around €1.40. The uncertainty in the Eurozone, in particular concern about a possible Greek exit from the Euro has driven it down over the past few months.
I was in Belgium last week and it was noticeable just how much more I was getting for my pound. It certainly meant there was no skimping on the beer and frites.
But it’s not all upside for ecommerce. It might mean that when we’re buying things from the Eurozone that we’re getting better value but equally it means that pople buying from there will find that buying goods in sterling is that much more expensive.
Have you experienced any affects on your business as a result of the relatively weak Euro?