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Brits in the dark over currency conversion

Brits in the dark over currency conversion

New research from the DCC Forum highlights UK consumers’ ignorance around foreign currency exchange rates. The research, released today to mark the launch of the DCC Forum, was conducted with YouGov across more than 2,000 UK consumers and asked Britons to convert £1 into its equivalent value in euros. Only one in ten respondents provided an accurate estimation, identifying that £1 converts to roughly €1.4.