During the Brexit period the situation on the currency exchange market has changed dramatically. Due to the fall of our British Pound the price of our products changed to a lower price (15-20%) if you are paying in EUR, USD. Analyzing the following graphs we can see how much cheaper our products have now become;
The currency rate shown above shows that GBP/USD changed from 1.557 to 1.32 during the year which equal to 15% downfall. It means that the price of all our products fell by 15% in US dollars.
As you can see the currency rate GBP/EUR changed from 1.429 to 1.17 during the year, which equal to 19% downfall. which means that the price of all our products fell by 19% in euros.
For example:
A Pure Class Tail suit, that is priced at £1275 will be reduced by the following.
US Dollars:
In September 2015 £1=$1.557, so our tailsuit cost approximately $1985 (£1275x1.557= 1985.175)
Today (16 of Sept 2016) £1=$1.322, the price of tailsuit is approximately $1685 (£1275x1.322=1685.55)
The currency exchange rate difference shows the price of PureClass tailsuit was reduced by $300, which is 15% of the price in Sept 2015.
Euros:
In October 2015 £1=€1.429, so our tailsuit cost approximately €1822 (£1275x1.429= 1821.975)
Today (16 of Sept 2016) £1=€1.175, the price of tailsuit is approximately €1498 (£1275x1.175=1498.125)
The currency exchange rate difference shows the price of PureClass tailsuit was reduced by €324, which is around 18% of the price in Sept 2015.