Today's EUR-KYD commentary

The EUR-KYD exchange rate is as we're writting quite close to its lowest level of the last 2-week period. Its weakest level observed during this period was EUR 1 = KYD 0.9545 (the current rate of EUR 1 = KYD 0.959 is only 0.47% more than that), reached. The stark contrast between the actual low value of the EUR-KYD rate and the maximal level (EUR 1 = KYD 0.9848) recorded during the last fourteen days means that, for example, transferring 3,500 EUR now gives you approximately 90 KYD less than if you had sent your money at the most advantageous moment of the past fourteen days,.