user983: On the simple view on the Electrum client, the value of the bitcoins is displayed in USD, GBP and EUR (changeable by clicking on it).
Currently by clicking through, I am seeing exchange rates:

10.29GBP/BTC
10.40EUR/BTC
11.90USD/BTC

This is completely out of line with mtgox, and also completely out of line with international currency markets (currently 1.6usd/gbp and 1.24eur/gbp)
So could someone explain where these rates come from and why they are so incorrect?

user1409: As of this writing, Electrum retrieves its exchange rate from Intersango. The last sale there must have been abnormally low for the current exchange rate.

983: <p>On the simple view on the Electrum client, the value of the bitcoins is displayed in USD, GBP and EUR (changeable by clicking on it).</p>

<p>Currently by clicking through, I am seeing exchange rates:</p>

<ul>
<li>10.29GBP/BTC</li>
<li>10.40EUR/BTC</li>
<li>11.90USD/BTC</li>
</ul>

<p>This is completely out of line with mtgox, and also completely out of line with international currency markets (currently 1.6usd/gbp and 1.24eur/gbp)</p>

<p>So could someone explain where these rates come from and why they are so incorrect?</p>
 1409: <p>As of this writing, Electrum <a href="https://github.com/spesmilo/electrum/blob/9fc4e1a1b10a486d8c56d8c08f1d86d23dfd2e5e/lib/exchange_rate.py#L31" rel="nofollow">retrieves its exchange rate</a> from <a href="https://intersango.com/" rel="nofollow">Intersango</a>. The last sale there must have been abnormally low for the current exchange rate.</p>
