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    EUR to GBP Exchange Rates

    Compare & Save on euro to Pound Sterling exchange rates. Latest euro to pound analysis and review of forecasts.

       

    In this euro to pound (EUR/GBP) rate guide:

    Rate Calculator - euro to Pound Sterling

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare euro (EUR) to Pound Sterling (GBP) rates from different sources before making a conversion.

    This exchange rate calculator makes it easy to compare the Total Cost you are being charged on euro to pound currency rates and the possible savings of using various providers.

     

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    EUR to GBP Market Data

    Euro (EUR) to Pound Sterling (GBP) market data - latest interbank mid-rate, trend, chart & historic rates.

     
    1 EUR =
    0.8692We compare provider deals to this wholesale mid-market rate. Read more
    GBP
    EUR to GBP at 0.8692 is 1.2% below its 3-month average of 0.8795, having traded in a very stable 3.0% range from 0.8676 to 0.8937
    |
    Sell EUR   →   Buy GBP
    Track Rate

    90-DAYLOW2d
     
    DateEUR/GBPChangePeriod
    12 May 2023
    0.8786
    1.1% 2 Week
    25 Feb 2023
    0.8850
    1.8% 3 Month
    26 May 2022
    0.8506
    2.2% 1 Year
    27 May 2018
    0.8783
    1% 5 Year
    28 May 2013
    0.8551
    1.6% 10 Year
    31 May 2003
    0.7190
    20.9% 20 Year
    EUR/GBP historic rates & change to 26-May-2023

    What are EUR to GBP forecasts?

    Analysts are predicting mixed performance for the EUR to GBP exchange rate in the short term. The Euro (EUR) traded without a clear direction recently, despite a downbeat market mood lending the safer single currency some support. However, if the Eurozone PMIs raise concerns about weakening private sector activity, the euro could face headwinds. Meanwhile, the pound (GBP) had a strong start to May, reaching an 11-month high. The upward trend could continue, but with inflation now in double digits and a Bank of England monetary decision this week, that could change.

    Read our full analysis of EUR to GBP forecasts.

     
    GBP to EUR flags

    How to get a good EUR to GBP exchange rate

    There are several ways to save on exchange rates when converting euro to Pound Sterling:

    1. Shop around for the best EUR/GBP exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the EUR/GBP rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both EUR and GBP at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Pound Sterling with euro, then it's better for the EUR/GBP exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

    The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

    Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Will the Euro rise against the Pound Sterling?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add EUR/GBP to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

     
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    Manage My Rates

     

    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to the United Kingdom - a practical currency and money guide to travel, living and doing business in the United Kingdom with the Pound Sterling.

     
     
     

    Euro & Pound Sterling - Country Guides

    EurozoneEurozone (EUR)United KingdomUnited Kingdom (GBP)GuernseyGuernsey (GBP)
    Isle of ManIsle of Man (GBP)JerseyJersey (GBP)South Georgia and South Sandwich IslandsSouth Georgia and South Sandwich Islands (GBP)
     

    How is the expat life in the UK?

    Expat life in the UK can be a positive experience, as the country is known for its rich history, culture, and diverse society. It also offers a high standard of living and a strong economy. However, as with any move to a new country, there can be challenges to overcome.

    One of the biggest challenges for expats in the UK is the weather, as it can be unpredictable and quite damp, especially in the winter. Additionally, the cost of living in the UK, particularly in the larger cities such as London, can be high.

    Read more at our United Kingdom (GBP) country guide

       
     
     
     

    Related exchange rates

     

    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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