How will German elections affect exchange rates? – General Chit Chat & Conversations – Expats Portugal Community Forum
Clear all

Please feel free to view our Forum, but you must either LOGIN or REGISTER to join in the conversation.

  • Martinhall banner
  • Wow Wines Banner
  • spartan Fx

How will German elections affect exchange rates?

Posts: 398
Topic starter
Active Member
Joined: 2 years ago

Are you moving money to Portugal? How will the German elections affect your transfers?

An update from Expats Portugal preferred Money Transfer company Spartan FX:

German federal election will take place on Sunday 26th September. Germany is set for a major political shift as Angela Merkel will not take part in the election after almost 16 years of holding the post of Chancellor. Germany is a powerhouse. It has the highest GBP and is Europe’s largest economy, followed by France. Any changes could have a significant impact on Europe.

Based on recent polls, there are 5 likely three-party collation scenarios. Depending on who is appointed, there are possible conflicts that could occur post-election that make coalition and policy predictions particularly hard at this point. However, we may not know the most likely outcome even after the results have been announced. The process may drag on, particularly as the coalition would require three participating forces to bridge gaps and agree on the common proposition.

There is often a lot of volatility in the exchange rates around elections. We saw it last year in the US elections with Trump versus Biden. Will there be a new leader? Will there be a change in key members of staff? What are their policies? What changes will be made? This can cause significant shifts in the exchange before and after the elections, and it is important to be ready to take advantage of any exchange rate movements.

It is free to open an account with Spartan FX, and there is no obligation to trade. Speak to one of the team today and find out how the German elections could affect your transfers.

  • Sovereign Group Leaderboard
  • Reis & Pellicano International Lawyers
  • EI Banner

To post a reply, sign up and become a member!


By becoming a valued Premium Member today, your support will help the team continue to bring you useful content about life in Portugal. You can also:

JOIN TODAYOnly €25 per year


Sign me up as a Community Member today for access to the forum and social meet-ups.



NEW Premium Plus

All the benefits of Premium Membership

PLUS unlock the Expats Portugal Plan, our comprehensive, interactive, step by step, “move to Portugal” online course hosted by Carl Munson.




The first year’s donation is only €47. By becoming a valued Premium Member today, you will unlock some great privileges, freebies and perks.

Less than €4 per monthJoin Today

Copyright © 2021 Expats Portugal

Marketing by Unity Online