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Let’s face it, the Euro hasn’t exactly been one of the strongest currencies available over the past few months. But when it comes to finding one of the poorest performers’ altogether, you would have to look past the Euro and set your eyes squarely on the British pound.

The pound is a long way from the exchange rates it was commanding less than a year ago. It used to be thought of as one of the strongest currencies around, but that isn’t such an accurate description of it nowadays.

Could it finally be true? After months of seeing the British pound go on a seemingly unstoppable slide, it finally looks as if it is clawing its way back up and claiming something of a victory.

When a particular currency does badly enough that it registers the worst result it has seen in well over a decade, you know things must be pretty bad. And of course we are in a recession.

It is a question that some people were asking themselves as soon as the announcement came that the Bank of England was going to try this method of helping the economy get back on its feet. And now it seems as if they are asking themselves whether it has done further damage to the British pound.

If you have any knowledge of the currency markets and you are always tapping away on a currency converter to see how the pound is doing against other major currencies, then you will know it has had a rough time against the Euro. At one point it seemed to be on the verge of reaching parity – that is, the point where they are both essentially worth the same.

It’s been a real struggle for the British pound – and indeed the British economy as a whole – just lately. Ever since things started to go downhill in 2008, there have been precious few weeks where any good news regarding the pound and the economy has come to light.

The Bank of England does a lot more than simply print money. And at the moment it has been in the spotlight rather more than it normally would be too. Thanks to the effects of the recession and the banking crisis that has beset the country (and indeed many other countries elsewhere too) the Bank of England has rarely been out of the headlines recently.

The Easter holidays are traditionally a time to do one of three things – eat too much chocolate, do some DIY or head off somewhere else on holiday.

Have you noticed your food shopping is costing a bit more lately? You shouldn’t be too surprised if it has, because it has been caused by the dreadful performance of the British pound against the other major currencies in the world.