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EUR to GBP - Exchange Rates Guide

Euro to Pound Sterling exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

EUR/GBP exchange rate (wholesale):

1 EUR = 0.8954 GBP

Sell EUR / Buy GBP 

 
EUR to GBP chart and trends
ALERT:14-DAY LOWS |
EUR/GBP at 0.8954 was trading 0.7% above AVG:0.8891 with LO:0.8697 and HI:0.9141 (90 days). ALERT: EUR/GBP dropped to 14-DAY LOWS.

Euro to Pound Sterling - Quick Conversions

EUR GBP
€ 1 £ 0.8954
€ 5 £ 4.4770
€ 10 £ 8.9540
€ 20 £ 17.91
€ 50 £ 44.77
€ 100 £ 89.54
€ 250 £ 223.85
€ 500 £ 447.70
€ 1,000 £ 895.40
€ 2,000 £ 1,791
€ 5,000 £ 4,477
€ 10,000 £ 8,954
€ 50,000 £ 44,770
€ 100,000 £ 89,540
More amounts
EUR GBP
1.1168 £ 1
5.5840 £ 5
11.17 £ 10
22.34 £ 20
55.84 £ 50
111.68 £ 100
279.20 £ 250
558.40 £ 500
1,117 £ 1,000
2,234 £ 2,000
5,584 £ 5,000
11,168 £ 10,000
55,840 £ 50,000
111,680 £ 100,000
More amounts

To calculate other EUR/GBP amounts try our home-page Convert EUR to GBP quick converter.


Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Pound Sterling (GBP) Country Guides

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)

EURGBP blended flags

Euro and Pound Sterling Forecasts

When determining the best time to make a foreign exchange transaction, in this case the EUR vs GBP, you should pay attention to the recent market trends for both currencies.

Euro (EUR)

EUR will fall to 0.80 against the British pound according to Standard Bank. The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

Rabobank told Bloomberg TV in early April that they see the Euro holding its value in an otherwise difficult virus affected year for most currencies.

The Euro spent 2019 on a downwards trajectory, starting the year with highs at US1.1550 but then slid all year until October where it bottomed out at US$1.09 on Oct 1, close to long-term lows. Since then it has climbed back up towards the average rate for the year of US1.12, perhaps due to the less uncertainty around Brexit.

Read more in the article EUR Forecasts.

 

Pound Sterling (GBP)

GBP will rise to 1.25 against the euro according to Standard Bank. The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

This is a remarkable change of fortunes for GBP which was sold-off after the Brexit vote and again after the virus forced a lockdown in London, the world’s largest foreign-exchange centre. Against the dollar, sterling touched the lowest level in 35 years in March as traders sought the safety of the USD.

Read more in the article GBP Forecasts.

How to get Best EUR to GBP Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee 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.

 

What is a good EUR to GBP exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Euro vs Pound Sterling current value is to look the EUR/GBP historic rate and change over a range of periods.

The following table looks at the change in the EUR to GBP exchange rate over periods from the previous week back to the last 10 years.

EUR/GBP rateChangePeriod
02 Jul 2020 : 0.90140.7% ▼1 Week
09 Jun 2020 : 0.89160.4% ▲30 Days
10 Apr 2020 : 0.87861.9% ▲90 Days
10 Jul 2019 : 0.90020.6% ▼1 Year
11 Jul 2015 : 0.719024.5% ▲5 Years
12 Jul 2010 : 0.83736.9% ▲10 Years
EUR/GBP 10 year historic rates & changes to 09-Jul-2020 : 0.8951
 

When is the best time to exchange EUR to GBP?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts