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GBP to EUR - Exchange Rates

Pound Sterling to Euro exchange rates aren't all the same. The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees.

Foreign Exchange margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 GBP = 1.1404 EUR

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GBP to EUR 90-Day Trend
ALERTS:7-DAY4.5% 🔔| 14-DAY HIGHS 🔔 |
GBP/EUR at 1.1392 was trading 1.9% below AVG:1.1609 with LO:1.0615 and HI:1.2042 (90 days). ALERTS: GBP/EUR was UP 4.5% this 7-DAY period and also rose to 14-DAY HIGHS.
02-APR 6AM-NY 11AM-LON 6PM-HK 9PM-SYD

Convert GBP to EUR More Charts


Quick Conversions from Pound Sterling to Euro

GBP EUR
£ 1 1.1404
£ 5 5.7020
£ 10 11.40
£ 20 22.81
£ 50 57.02
£ 100 114.04
£ 250 285.10
£ 500 570.20
£ 1,000 1,140
£ 2,000 2,281
£ 5,000 5,702
£ 10,000 11,404
£ 50,000 57,020
£ 100,000 114,040
More amounts
GBP EUR
£ 0.8769 € 1
£ 4.3845 € 5
£ 8.7690 € 10
£ 17.54 € 20
£ 43.85 € 50
£ 87.69 € 100
£ 219.23 € 250
£ 438.45 € 500
£ 876.90 € 1,000
£ 1,754 € 2,000
£ 4,385 € 5,000
£ 8,769 € 10,000
£ 43,845 € 50,000
£ 87,690 € 100,000
More amounts

To calculate your own GBP/EUR amounts use our Convert GBP to EUR quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for GBP/EUR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

GBP to EUR International Money Transfers

  

Foreign Transfer Provider Receive EUR(€) Exchange RateFee GBPDeal Links
WorldFirst logo
5,641.5
0.5%
Best Overall
1.12830
TorFX logo
5,587.5
1.46%
€54 less
1.11750
OFX logo
5,624.5
0.8%
€17 less
1.1249£0^
HSBC logo
5,458.8
3.72%
€183 less
1.0934£7.5
Natwest Bank logo
5,428.67
4.26%
€213 less
1.08915
Citibank International Money Transfers
Citibank logo
5,404
4.69%
€237 less
1.083412
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
5,403
4.71%
€238 less
1.083815
Santander International Money Transfers
Santander logo
5,372.92
5.24%
€269 less
1.078920
Lloyds TSB logo
5,351.01
5.63%
€290 less
1.074520
 
WorldFirst logo
WorldFirst: Foreign Transfer GBP→EUR
From Amount (GBP)£5,000
Fee:
Exchange Rate:1.1283 (0.5% from mid-rate)
To Amount (EUR)5,641.5
Total Cost:0.5%
Time:6:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
TorFX logo
TorFX: Foreign Transfer GBP→EUR
From Amount (GBP)£5,000
Fee:
Exchange Rate:1.1175 (1.46% from mid-rate)
To Amount (EUR)5,587.5
Total Cost:1.46%
Difference:
€54 EUR less than using WorldFirst
Time:6:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer GBP→EUR
From Amount (GBP)£5,000
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:1.1249 (0.8% from mid-rate)
To Amount (EUR)5,624.5
Total Cost:0.8%
Difference:
€17 EUR less than using WorldFirst
Time:
Rate Fetched: 6:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer GBP→EUR
From Amount (GBP)£5,000
Fee:£7.5 GBP (.15%)
Exchange Rate:1.0934 (3.58% from mid-rate)
To Amount (EUR)5,458.8
Total Cost:3.72%
Difference:
€183 EUR less than using WorldFirst
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Natwest Bank logo
Natwest Bank: Foreign Transfer GBP→EUR
From Amount (GBP)£5,000
Fee:15
Exchange Rate:1.0890 (3.97% from mid-rate)
To Amount (EUR)5,428.67
Total Cost:4.26%
Difference:
€213 EUR less than using WorldFirst
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer GBP→EUR
From Amount (GBP)£5,000
Fee:12
Exchange Rate:1.0834 (4.46% from mid-rate)
To Amount (EUR)5,404
Total Cost:4.69%
Difference:
€237 EUR less than using WorldFirst
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer GBP→EUR
From Amount (GBP)£5,000
Fee:15
Exchange Rate:1.0756 (5.15% from mid-rate)
To Amount (EUR)5,403
Total Cost:4.71%
Difference:
€238 EUR less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Santander logo
Santander: Foreign Transfer GBP→EUR
From Amount (GBP)£5,000
Fee:20
Exchange Rate:1.0789 (4.86% from mid-rate)
To Amount (EUR)5,372.92
Total Cost:5.24%
Difference:
€269 EUR less than using WorldFirst
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Lloyds TSB logo
Lloyds TSB: Foreign Transfer GBP→EUR
From Amount (GBP)£5,000
Fee:20
Exchange Rate:1.0745 (5.25% from mid-rate)
To Amount (EUR)5,351.01
Total Cost:5.63%
Difference:
€290 EUR less than using WorldFirst
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 04/02/2020 - View latest rates
 

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money Provider Amount EUR(€) Exchange RateFee GBPDeal Links
Travelex Online UK logo
1,100.5
2.95%
Best Overall
1.1005£0^
Post Office Money Foreign Currency
Post Office Money logo
1,086.6
4.18%
€14 less
1.08660
Citibank Foreign Currency
Citibank logo
1,067.12
5.9%
€33 less
1.0779£10
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
1,058
6.73%
€42 less
1.0697£10
Lloyds TSB logo
1,056.33
6.85%
€44 less
1.067£10
Santander Foreign Currency
Santander logo
1,056.33
6.85%
€44 less
1.067£10
Natwest Bank logo
1,050.99
7.32%
€50 less
1.067£15
 
Travelex Online UK logo
Travelex Online UK: Travel Money GBP→EUR
From Amount (GBP)£1,000
Fee:£0 - No fees for Debit & Credit Cards
Exchange Rate:1.1005 (2.95% from mid-rate)
To Amount (EUR)1,100.5
Total Cost:2.95%
Time:
Rate Fetched: Thu Apr 02 2020 06:00:05 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Post Office Money logo
Post Office Money: Travel Money GBP→EUR
From Amount (GBP)£1,000
Fee:0
Exchange Rate:1.0866 (4.18% from mid-rate)
To Amount (EUR)1,086.6
Total Cost:4.18%
Time:6:02 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Travel Money GBP→EUR
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:1.0779 (4.95% from mid-rate)
To Amount (EUR)1,067.12
Total Cost:5.9%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money GBP→EUR
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:1.0670 (5.91% from mid-rate)
To Amount (EUR)1,058
Total Cost:6.73%
Currency Services:Branch
Delivery/Collect:-
 
Lloyds TSB logo
Lloyds TSB: Travel Money GBP→EUR
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:1.0670 (5.91% from mid-rate)
To Amount (EUR)1,056.33
Total Cost:6.85%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Santander logo
Santander: Travel Money GBP→EUR
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:1.0670 (5.91% from mid-rate)
To Amount (EUR)1,056.33
Total Cost:6.85%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 
Natwest Bank logo
Natwest Bank: Travel Money GBP→EUR
From Amount (GBP)£1,000
Fee:£15 GBP (Minimum fee)
Exchange Rate:1.0670 (5.91% from mid-rate)
To Amount (EUR)1,050.99
Total Cost:7.32%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 04/02/2020 - View latest rates
 

Also here is a comparison table of the exchange rates and fees on some popular prepaid multi-currency debit cards.

Travel Card Provider Amount EUR(€) Exchange RateFee GBPDeal Links
1,129.7
0.05%
Best Overall
1.12970
1,124.6
0.5%
€5.1 less
1.12460
1,100.5
2.64%
€29 less
1.10050
 
Revolut: Travel Card GBP→EUR
From Amount (GBP)£1,000
Fee:0
Exchange Rate:1.1297 (-0.05% from mid-rate)
To Amount (EUR)1,129.7
Total Cost:0.05%
Card Facts/Fees:
See our Reviews for the different fee structures for Standard (Free), Premium and Metal account subscriptions.
Time:0:00 Local
Currency Services:Physical or Virtual cards
Delivery/Collect:Card delivery 3-5 days
Rating:
 
: 4/5.0
Reviews:
 
TransferWise: Travel Card GBP→EUR
From Amount (GBP)£1,000
Fee:
Exchange Rate:1.1246 (-0.5% from mid-rate)
To Amount (EUR)1,124.6
Total Cost:0.5%
Card Facts/Fees:
Time:0:00 Local
Currency Services:Multi-currency debit card with linked foreign bank accounts
Delivery/Collect:5-7 days
Rating:
 
: 4.6/5.0
Reviews:
 
Travelex Money Card: Travel Card GBP→EUR
From Amount (GBP)£1,000
Fee:undefined
Exchange Rate:1.1005 (-2.64% from mid-rate)
To Amount (EUR)1,100.5
Total Cost:2.64%
Card Facts/Fees:
10 Load Currencies: AUD USD EUR GBP NZD HKD SGD CAD JPY THB.
Overseas ATM withdrawal fee: FREE
Card Purchase Fee: $5.00
Maximum Load Amount: $100,000
Monthly Fee : $4 (after 12 months inactive)
Currency Conversion: 5.95% (when you withdraw
a currency not loaded on your card)
Offers 24/7 Global Emergency Assistance service with fee free emergency funds up to the available balance on the card
Time:
Rate Fetched: Thu Apr 02 2020 00:00:07 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 04/01/2020 - View latest rates
 

Country Guides (GBP & EUR)

EurozoneEurozone (EUR)United KingdomUnited Kingdom (GBP)United Kingdom (GBP)
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)GuernseyGuernsey (GBP)Vatican CityVatican City (EUR)
IrelandIreland (EUR)Isle of ManIsle of Man (GBP)ItalyItaly (EUR)
JerseyJersey (GBP)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)South Georgia and South Sandwich IslandsSouth Georgia and South Sandwich Islands (GBP)SpainSpain (EUR)

GBP to EUR Forecasts

The success or failure of post Brexit negotations will dominate GBP trends and forecasts in 2020.  Read more

GBPEUR blended flags

GBP and EUR in the Markets

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)

With the Bank of England holding interest rates steady amid signs of a recovery in the health of the UK economy following the general election, the pound is showing strength against most currencies early in 2020.

In the post UK election euphoria the pound rose to over 1.33 USD and 1.20 EUR but has since dropped back over the uncertainty of what sort of trade deal the UK can realistically negotiate with Europe over the next 11 months.

GBP has given up all of those election result gains as Mr Johnson pledged to outlaw any extension to the UK’s post-Brexit transition period at the end of next year. It appears the Brexit volatility in the pound is set to continue for the foreseable future.

Read more in the article GBP Forecasts.

 

Euro (EUR)

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.

Euro sentiment dipped in mid-June after the ECB, like other major central banks of the world, ramped up its dovish rhetoric. It said that there was “considerable room” for further quantitative easing and that it would consider negative interest rates. Ordinarily, this would spark an extended euro decline but since other major currencies are also wrestling with easier central bank policies, euro depreciation may be contained.

In spite of Brexit, a slowdown in economic growth, Italian risks and persistently weak inflation — an important measure of inflation expectations fell in June to a record low — the euro did fantastically well against the Australian dollar, New Zealand dollar.

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 a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the GBP to EUR exchange rate to the present day for periods going back upto 10 years.

PeriodChange*GBP/EURDate
1 Day+0.6%1.125231 Mar 2020
7 Day+4%1.088225 Mar 2020
30 Day-1.2%1.145602 Mar 2020
3 Month-3.9%1.177002 Jan 2020
1 Year-3.4%1.171702 Apr 2019
5 Year-16.9%1.362203 Apr 2015
10 Year+0.3%1.128004 Apr 2010

*For period to 01-Apr 21UTC when GBP/EUR was 1.1315

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

We help you Save Money on Exchange Rates.

 

View all GBP Exchange Rates