EUR to GBP exchange rate

Find the best exchange rate when converting your euros to pounds.

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If you’re doing business in the UK or transferring money back home, your money will go further if you transfer with the right provider. Shaving 1% off your fees might not seem like much, but if you were sending £100,000, that would be £1,000 up for grabs.

Live Rate

= £ 0.9046

Refreshing in: 60s | Fri, Aug 14, 03:16AM GMT

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Today’s mid-market rate

If you’re curious about the mid-market rate between the USD, AUD, EUR and GBP when viewed alongside a handful of the world’s most popular currencies, check out the table below.

Refreshing in: 60s | Fri, 14 Aug 03:16am GMT
USD AUD CAD EUR CNY GBP INR MXN PHP
1 USD = 1.0000 1.4019 Inverse: 0.7133 1.3232 Inverse: 0.7558 0.8471 Inverse: 1.1805 6.9487 Inverse: 0.1439 0.7662 Inverse: 1.3051 74.8550 Inverse: 0.0134 22.2150 Inverse: 0.0450 48.8104 Inverse: 0.0205
1 AUD = 0.7133 Inverse: 1.4019 1.0000 0.9438 Inverse: 1.0595 0.6042 Inverse: 1.6550 4.9566 Inverse: 0.2018 0.5465 Inverse: 1.8297 53.3946 Inverse: 0.0187 15.8461 Inverse: 0.0631 34.8168 Inverse: 0.0287
1 EUR = 1.1805 Inverse: 0.8471 1.6550 Inverse: 0.6042 1.5620 Inverse: 0.6402 1.0000 8.2030 Inverse: 0.1219 0.9045 Inverse: 1.1056 88.3675 Inverse: 0.0113 26.2252 Inverse: 0.0381 57.6214 Inverse: 0.0174
1 GBP = 1.3051 Inverse: 0.7662 1.8297 Inverse: 0.5465 1.7269 Inverse: 0.5791 1.1056 Inverse: 0.9045 9.0690 Inverse: 0.1103 1.0000 97.6956 Inverse: 0.0102 28.9935 Inverse: 0.0345 63.7040 Inverse: 0.0157

Compare today’s rates from providers who can send EUR (euros) to GBP (pounds)

The table below allows you to select currencies and see how different currency transfer specialists stack up.

Table: sorted by a combination of service offering and the amount your recipient will receive

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 2,000 1 day EUR 0.00 0.901 GBP
9,009
TorFX guarantee to beat any competitor's exchange rate for a transaction (conditions apply).
Get bank-beating exchange rates and no fees when you transfer with TorFX.
Go to site Show details
GBP 5,000 Same day EUR 0.00 0.901 GBP
9,009
Universal Partners FX offers competitive exchange rates and same-day transfers for 100+ currencies. Go to site Show details
GBP 2,500 Same day EUR 0.00 0.901 GBP
9,009
Central FX’s dedicated private client team will guide you through the money transfer process from first call to final payment. Go to site Show details
GBP 1 Same day EUR 0.00 0.901 GBP
9,009
Whatever amount you transfer, XE will not charge you a fee for using their service. Go to site Show details
GBP 3,000 1 day EUR 0.00 0.901 GBP
9,009
Get no fees as a Finder customer when you transfer your money overseas with Global Reach. Go to site Show details
GBP 5,000 1 day EUR 0.00 0.901 GBP
9,009
Take advantage of fee lock-ins and live bookable rates, helping you save up to 85% in hidden bank fees. Go to site Show details
GBP 2,000 1 day EUR 0.00 0.901 GBP
9,009
Make transferring money abroad as simple and safe as possible with bank-beating exchange rates - online, via the app or over the phone. Go to site Show details
GBP 1 1 - 2 days EUR 1.99 0.893 GBP
8,926
Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
Go to site Show details
GBP 5 2 days EUR 3.00 0.9 GBP
8,998
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
GBP 50 Same day EUR 2.99 0.896 GBP
8,952
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

How does the euro trade against the British pound historically?

On January 1, 1999, the euro was introduced in 11 states of the European Union (EU) as a “single currency” — used by all members of an economic federation. At the time of its debut, the euro was at a rate of 1.42 euros to 1 pound. Despite being an EU member state, the UK chose not replace its country’s currency with the euro.

In the first three years after its introduction, the euro was used only for bank transfers, online transactions and travellers’ cheques. But this all changed in January 2002, when euro notes and coins were introduced in the now 12 participating countries, with Greece also willing to use the euro as its official currency.

From 1999 to 2007, the euro held a stable value average of 0.6 against the pound. However, in late 2008 the euro became caught up in the European sovereign debt crisis, which led to an increase of 0.70 pounds to one euro by the end of that year.

What is the European sovereign debt crisis?

The European debt crisis began when the peripheral eurozone member states of Greece, Spain, Ireland, Portugal and Cyprus found themselves unable to repay their government debt due to slowing economies and rising interest rates, among other economic issues. Its effects are still being felt.

In an attempt to stabilise the euro, the European Financial Stability Facility was created to address the crisis. Rates improved as a result, reaching 0.93 GBP to 1 EUR by October 13, 2009.

The effects of Brexit on currency exchange

Since Brexit — or Britain’s proposed exit from the European Union — in June 2016, the GBP has declined against several currencies. For the euro, Brexit could potentially mean that it gains against the pound. We saw the euro jump from 0.79008 against the pound in June 2016, shortly after the Brexit referendum, to 0.841735 in July 2016. Since July 2016, the euro has remained stable at between around 0.8 and 0.88 to the pound.

EUR > GBP exchange rate history

We’ve put together the annual average exchange rate for the euro against the British pound from 2010 to 2020.

Euro to British pounds over the last 10 years

20102011201220132014201520162017201820192020
1 EUR =0.88650.85440.830.81210.82970.77670.73680.85820.88780.89830.8452
1 GBP =1.12751.171.20421.23061.20451.28711.3571.16481.12571.11241.1824

What affects EUR > GBP exchange rates?

In general, five factors affect how the euro trades against the British pound.

Prices and inflation

Inflation affects all currencies, including the euro. Countries with high levels of inflation relative to other countries will typically see its currency depreciate so that the prices of goods between countries remain equal. In the eurozone — or the group of nations that trade in the euro — inflation is measured by the Consumer Price Index (CPI), which calculates the price of a selection of goods that an average household is likely to purchase.

Confidence and sentiment

By looking at confidence and sentiment reports, you can also gauge economic conditions in countries that trade in the euro. A popular sentiment report to follow is the German ZEW Survey, prepared each month by the Center for European Economic Research.

Monetary policy

All currency is affected by monetary policies, which are constructed by currencies respective to a country’s central bank. For the euro, that’s the European Central Bank. Monetary policies include interest rates that significantly affect the euro.

Economic growth

The growth and health of the eurozone significantly influences the euro, measured by the gross domestic product. For the eurozone, the GDP is a periodic measure of the value of the total goods and services produced in the area. For all currencies, including the euro, growth in GDP is a sign that the economy is strong and healthy.

Balance of payments

The balance of payments is like a country’s accounting record of interaction with the rest of the world. It’s made up of three accounts, but only the current account affects exchange rates. This account reveals how much a country is exporting and importing, as well as the flow of income and transfer payments.

Did you know?

The EUR/GBP currency pair is often referred to by forex traders as trading the “chunnel”.

Bottom line

When transferring money internationally, do your research to ensure that your money goes further in an exchange. With Brexit and other current events, the British economy is shaky — which could mean a better deal when converting your euros to pounds.

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5 Responses

  1. Default Gravatar
    JohnMarch 19, 2019

    My gran is sending me 6500.00 euros to me in the uk i have to give her my account number what is the best time to do this i am not in a hurry Thanks

    • Avatarfinder Customer Care
      johnbasanesMarch 20, 2019Staff

      Hi John,

      Thank you for reaching out to Finder.

      There are many factors that affect the exchange rate between the Euro and the Pound. There are currency forecast websites available for you to visit to check the probability of the changes in the currency exchange rate. Please note that this is not an accurate depiction of what the rate would be in the future but only an estimate. Hope this helps!

      Cheers,
      Reggie

  2. Default Gravatar
    TonyNovember 29, 2018

    Hi selling a house and amlooking to know were to get euros changed into sterling at best rate going so they can buy new house in sterling

    • Avatarfinder Customer Care
      ValDecember 7, 2018Staff

      Hi Tony,

      Thank you for contacting finder.

      Seems like you are looking at the correct page. Since exchange rates vary on a daily basis and this site is just to guide you to make the best decision.
      You might want to revisit the page and enter the amount the you want to change from Euros to Sterling and click on calculate.
      It will give you numerous number of providers and you can compare depending on your priority

      Kindly review and compare your options in the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to their website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.

      Regards,
      Val

  3. Default Gravatar
    markAugust 19, 2018

    I have 1000.00 Euros I would like to transfer to Sterling who is offering the best exchange rates on the highstreet in the UK

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