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Good time for a payout (in the UK)


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Good news. The pound has slipped to just below $1.5, and Alamy payout due early next month. Some small cause for wild celebration.

 

Bad news, visiting family in NYC mid April, need currency for that.  :rolleyes:

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Same here in Canada, the loonie (Canadian dollar) has been diving with the price of oil. Currently, $1.00 USD = $1.26 CAN. Not that long ago, the Canadian dollar was worth more than its US counterpart.

 

Not so good for Canadians travelling to the USA, though.

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The £-$ forecasts look promising throughout 2015 with the dollar strengthening against the pound..... for quite a while it was £0.60 per dollar but now is £0.67 and still improving. Makes a reasonable difference each month given most agencies deal in $'s  :P

 

Hopefully it heads back towards the £0.75 it reached a few years back  B)

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If you make a lot of sales in the US or in USD (indicated by round $ figures in sales report), then it is a good thing. However, if most of your licenses are in the UK and Europe, then you lose out when GBP or EUR are converted into USD. For example, last year, a £10 license would have shown as $17 on the sales report - today, it would show as $15. So, swings and roundabouts!

 

Ian D

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