The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to the Eurozone can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to the Eurozone bank accounts or pay a Euro invoice.
GBP to EUR Market Data
British pound (GBP) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the GBP to EUR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the Euro is to review how the GBP/EUR rate has changed over time.
The table below shows the percentage change in the GBP to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The GBP/USD exchange rate currently leans bullish, primarily supported by recent signals from the Bank of England (BoE) indicating a cautious approach...
Current market bias: The GBP to EUR exchange rate is currently bearish.
Key drivers:
- Interest rate differential: The Bank of England is taking a cautious approach to rate cuts, while the ECB is wary of the euro's strength impacting inflation control.
- Macroeconomic factor: Retail sales in the UK could rebound, providing support for the pound despite broader economic pressures.
Near-term range: The GBP to EUR exchange rate is expected to remain stable, facing resistance at recent highs but under pressure from mixed economic signals.
What could change it: An upside risk includes stronger UK retail data boosting the pound, while downside risks may stem from renewed fiscal issues in the UK or geopolitical tensions affecting the eurozone.
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Tweet: GBP to EUR is bearish as the BoE holds back on rate cuts while retail sales show promise. The ECB is cautious of euro strength impacting inflation. Watch for strong UK data as an upside risk, but geopolitical tensions could weigh on the eurozone
@bestfxrates
GBP to EUR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to EUR?
The best GBP to EUR exchange rate is 1.1421 from Wise. This is -0.38% compared to the mid-market rate 1.1464.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Euro (EUR) rates from different sources before making a conversion.
The above
Sterling to Euro comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest GBP-EUR mid-rate and the possible savings of using various providers.
How do GBP-EUR rates compare between providers?
Looking at the full
GBP to EUR - Send Money comparison table the provider with the best GBP to EUR exchange rate is Wise at 1.1421, -0.38% from the latest mid-market rate 1.1464.
The next best is OFX at 1.1407, -0.5% from the mid-rate.
Then XE at 1.1396, which is -0.59% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: