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GBP to EUR - Exchange Rates Guide

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

 
 

GBP/EUR exchange rate (wholesale):

1 GBP = 1.1023 EUR

Sell GBP / Buy EUR 

 
GBP to EUR chart and trends
1-DAY1.4% 14-DAY-HI (2d)
GBP to EUR at 1.1023 was trading 2% below AVG:1.1245 with LO:1.0939 and HI:1.1498 (90 days). There are no current rate alerts.

Pound Sterling to Euro - Quick Conversions

GBP EUR
£ 1 1.1023
£ 5 5.5115
£ 10 11.02
£ 20 22.05
£ 50 55.12
£ 100 110.23
£ 250 275.58
£ 500 551.15
£ 1,000 1,102
£ 2,000 2,205
£ 5,000 5,512
£ 10,000 11,023
£ 50,000 55,115
£ 100,000 110,230
More amounts
GBP EUR
£ 0.9072 € 1
£ 4.5360 € 5
£ 9.0720 € 10
£ 18.14 € 20
£ 45.36 € 50
£ 90.72 € 100
£ 226.80 € 250
£ 453.60 € 500
£ 907.20 € 1,000
£ 1,814 € 2,000
£ 4,536 € 5,000
£ 9,072 € 10,000
£ 45,360 € 50,000
£ 90,720 € 100,000
More amounts

To calculate other GBP/EUR amounts try our home-page Convert GBP to EUR 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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Euro (EUR) Country Guides

EurozoneEurozone (EUR)Aaland IslandsAaland Islands (EUR)AndorraAndorra (EUR)
AustriaAustria (EUR)BelgiumBelgium (EUR)CyprusCyprus (EUR)
EstoniaEstonia (EUR)FinlandFinland (EUR)FranceFrance (EUR)
French GuineaFrench Guinea (EUR)French Southern TerritoriesFrench Southern Territories (EUR)GermanyGermany (EUR)
GreeceGreece (EUR)GuadeloupeGuadeloupe (EUR)Vatican CityVatican City (EUR)
IrelandIreland (EUR)ItalyItaly (EUR)LuxembourgLuxembourg (EUR)
MaltaMalta (EUR)MartiniqueMartinique (EUR)MayotteMayotte (EUR)
MonacoMonaco (EUR)MontenegroMontenegro (EUR)NetherlandsNetherlands (EUR)
PortugalPortugal (EUR)ReunionReunion (EUR)Saint BarthélemySaint Barthélemy (EUR)
Saint MartinSaint Martin (EUR)Saint Pierre and MiquelonSaint Pierre and Miquelon (EUR)San MarinoSan Marino (EUR)
SlovakiaSlovakia (EUR)SloveniaSlovenia (EUR)SpainSpain (EUR)

GBPEUR blended flags

Pound Sterling and Euro Forecasts

The coronavirus pandemic has replaced Brexit in the headlines for 2020 which is favourable for GBP.  Read GBP to EUR Forecast

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

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.

 

Euro (EUR)

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 over the 1 year avergae of US1.11 towards US1.14.

Credit Agricole see the Euro hitting US1.20 by the end of 2020 due to a growing diversification away from the greenback.

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

Read more in the article EUR Forecasts.

How to get Best GBP to EUR 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 GBP to EUR exchange rate?

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

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

GBP/EUR rateChangePeriod
07 Jul 2020 : 1.11231% ▼1 Week
14 Jun 2020 : 1.11170.9% ▼30 Days
15 Apr 2020 : 1.14814.1% ▼90 Days
15 Jul 2019 : 1.11160.9% ▼1 Year
16 Jul 2015 : 1.434723.2% ▼5 Years
17 Jul 2010 : 1.18316.9% ▼10 Years
GBP/EUR 10 year historic rates & changes to 14-Jul-2020 : 1.1014
 

When is the best time to exchange GBP to EUR?

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