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GBP/EUR - Rate Guide

British 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. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

GBP/EUR Exchange Rates and Providers Compared

This guide to the British Pound Sterling to Euro exchange rate with 90-day chart & alerts, historic rates, forecasts and GBP to EUR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the GBP/EUR Calculator.

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GBP/EUR - 90 Day Rate Alerts

1 GBP = 1.1315 EUR

NO ALERTS for GBP/EUR
GBP/EUR over the last 90 days

View GBP/EUR - Interactive Chart

Exchange rates can 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 ProvidersReceive EUR(€)Exchange RateFee GBPTotal CostDeal Links
OFX logo
5,611 EUR
Best Overall
1.1222£0^0.8%
TorFX logo
5,564.5 EUR
46 EUR
1.112901.62%
WorldFirst logo
5,627.5 EUR
17 EUR
1.125500.5%
HSBC logo
5,453.31 EUR
158 EUR
1.0923£7.53.58%
Natwest Bank logo
5,422.68 EUR
188 EUR
1.0878154.13%
Citibank International Money Transfers
Citibank logo
5,398.01 EUR
213 EUR
1.0822124.56%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
5,397 EUR
214 EUR
1.0827154.57%
Santander International Money Transfers
Santander logo
5,367.44 EUR
244 EUR
1.0778205.1%
Lloyds TSB logo
5,345.03 EUR
266 EUR
1.0733205.5%
 

OFX logo

OFX: Foreign Transfer GBP→EUR
From Amount:5,000 GBP
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:1.1222 (0.8% from mid-rate)
To Amount:5,611 EUR
Total Cost:0.8%
Time:
Rate Fetched: 20:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

TorFX logo

TorFX: Foreign Transfer GBP→EUR
From Amount:5,000 GBP
Fee:
Exchange Rate:1.1129 (1.62% from mid-rate)
To Amount:5,564.5 EUR
Total Cost:1.62%
Difference:
46 EUR less than using OFX
Time:20:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

WorldFirst logo

WorldFirst: Foreign Transfer GBP→EUR
From Amount:5,000 GBP
Fee:
Exchange Rate:1.1255 (0.5% from mid-rate)
To Amount:5,627.5 EUR
Total Cost:0.5%
Difference:
17 EUR more than using OFX
Time:20:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer GBP→EUR
From Amount:5,000 GBP
Fee:£7.5 GBP (.15%)
Exchange Rate:1.0923 (3.44% from mid-rate)
To Amount:5,453.31 EUR
Total Cost:3.58%
Difference:
158 EUR less than using OFX
Time:20:20 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:5,000 GBP
Fee:15
Exchange Rate:1.0878 (3.84% from mid-rate)
To Amount:5,422.68 EUR
Total Cost:4.13%
Difference:
188 EUR less than using OFX
Time:20:20 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:5,000 GBP
Fee:12
Exchange Rate:1.0822 (4.33% from mid-rate)
To Amount:5,398.01 EUR
Total Cost:4.56%
Difference:
213 EUR less than using OFX
Time:20:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer GBP→EUR
From Amount:5,000 GBP
Fee:15
Exchange Rate:1.0744 (5.02% from mid-rate)
To Amount:5,397 EUR
Total Cost:4.57%
Difference:
214 EUR less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Santander logo

Santander: Foreign Transfer GBP→EUR
From Amount:5,000 GBP
Fee:20
Exchange Rate:1.0778 (4.72% from mid-rate)
To Amount:5,367.44 EUR
Total Cost:5.1%
Difference:
244 EUR less than using OFX
Time:20:20 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:5,000 GBP
Fee:20
Exchange Rate:1.0733 (5.12% from mid-rate)
To Amount:5,345.03 EUR
Total Cost:5.5%
Difference:
266 EUR less than using OFX
Time:20:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 09/23/2019 - See full table

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 ProvidersAmount EUR(€)Exchange RateFee GBPTotal CostDeal Links
Travelex Online UK logo
1,102 EUR
Best Overall
1.102£0^2.57%
Post Office Money Foreign Currency
Post Office Money logo
1,083.9 EUR
18 EUR
1.083904.17%
Citibank Foreign Currency
Citibank logo
1,064.35 EUR
38 EUR
1.0751£105.9%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
1,055 EUR
47 EUR
1.0669£106.73%
Lloyds TSB logo
1,053.56 EUR
48 EUR
1.0642£106.86%
Santander Foreign Currency
Santander logo
1,053.56 EUR
48 EUR
1.0642£106.86%
Natwest Bank logo
1,048.24 EUR
54 EUR
1.0642£157.33%
 

Travelex Online UK logo

Travelex Online UK: Travel Money GBP→EUR
From Amount:1,000 GBP
Fee:£0 - No fees for Debit & Credit Cards
Exchange Rate:1.102 (2.57% from mid-rate)
To Amount:1,102 EUR
Total Cost:2.57%
Time:
Rate Fetched: Mon Sep 23 2019 20:15:03 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:1,000 GBP
Fee:0
Exchange Rate:1.0839 (4.17% from mid-rate)
To Amount:1,083.9 EUR
Total Cost:4.17%
Time:20:20 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:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.0751 (4.95% from mid-rate)
To Amount:1,064.35 EUR
Total Cost:5.9%
Time:20:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money GBP→EUR
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.0642 (5.91% from mid-rate)
To Amount:1,055 EUR
Total Cost:6.73%
Currency Services:Branch
Delivery/Collect:-
 

Lloyds TSB logo

Lloyds TSB: Travel Money GBP→EUR
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.0642 (5.91% from mid-rate)
To Amount:1,053.56 EUR
Total Cost:6.86%
Time:20:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

Santander logo

Santander: Travel Money GBP→EUR
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.0642 (5.91% from mid-rate)
To Amount:1,053.56 EUR
Total Cost:6.86%
Time:20:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 

Natwest Bank logo

Natwest Bank: Travel Money GBP→EUR
From Amount:1,000 GBP
Fee:£15 GBP (Minimum fee)
Exchange Rate:1.0642 (5.91% from mid-rate)
To Amount:1,048.24 EUR
Total Cost:7.33%
Time:20:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 09/23/2019 - See full table

GBP / EUR converter & margin calculator

£GBP
€EUR
mid-rates

Compare how much you can save on GBP/EUR exchange rates for:

Foreign Transfers Travel Money

Foreign Transfers Travel Money

British Pound Sterling

Euro

1 GBP 1.1315 EUR
5 GBP 5.6575 EUR
10 GBP 11.32 EUR
20 GBP 22.63 EUR
50 GBP 56.58 EUR
100 GBP 113.15 EUR
250 GBP 282.88 EUR
500 GBP 565.75 EUR
1,000 GBP 1,131.50 EUR
2,000 GBP 2,263.00 EUR
5,000 GBP 5,657.50 EUR
10,000 GBP 11,315.00 EUR
50,000 GBP 56,575.00 EUR
100,000 GBP 113,150.00 EUR
See more

British Pound Sterling

Euro

0.8838 GBP 1 EUR
4.4190 GBP 5 EUR
8.8380 GBP 10 EUR
17.68 GBP 20 EUR
44.19 GBP 50 EUR
88.38 GBP 100 EUR
220.95 GBP 250 EUR
441.90 GBP 500 EUR
883.80 GBP 1,000 EUR
1,767.60 GBP 2,000 EUR
4,419.00 GBP 5,000 EUR
8,838.00 GBP 10,000 EUR
44,190.00 GBP 50,000 EUR
88,380.00 GBP 100,000 EUR
See more
Country Guides (GBP & EUR)
EurozoneEurozone (EUR)United KingdomUnited 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/EUR - Historical Trends

This table shows historic rates and trends of British Pound Sterling to Euro over periods upto 10 years.

PeriodChange*GBP/EURDate
1 Day-0.2%1.133819 Sep 2019
7 Day+0.7%1.123613 Sep 2019
30 Day+3.5%1.093621 Aug 2019
3 Month+1.1%1.119022 Jun 2019
1 Year+0.4%1.126820 Sep 2018
5 Year-10.9%1.270221 Sep 2014
10 Year+2.4%1.105722 Sep 2009

*For period to 20-Sep 21UTC when GBP/EUR was 1.1318

You can use our GBP interactive charts to check GBPEUR historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

GBP to EUR Forecasts

Brexit is the dominating factor for GBP/EUR, with "no deal" likely to induce exchange rates below parity (€1.0) for the first time ever.  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.

 

British Pound Sterling (GBP)

Pound valuations will continue to fluctuate based on Brexit No-deal, Deal and Remain probabilities. No-deal prospects may increase if, as is widely expected, ardent Brexiteer Boris Johnson becomes the UK’s next prime minister. However, some banks argue that Johnson’s appointment would make little difference to no-deal or remain probabilities.

The pound is unlikely to receive much in the way of meaningful respite until November, analysts say, when hopefully the UK-EU Brexit arrangement, or lack thereof, is known (Boris Johnson insists that the UK will not seek any further Article 50 extensions beyond the October-31 deadline).

The pound would be doing far worse if it weren't receiving some support from the Bank of England which, surprisingly, is the only major central bank still considering higher interest rates in 2019.

By some margin, the pound was the worst-performing major currency in the second quarter. It slipped in late June to multi-month lows against a number of important currencies, including the Australian dollar, New Zealand dollar, euro, Canadian dollar and Swiss franc.

Read more in the article GBP Forecasts.

 

Euro (EUR)

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 and British pound between mid-April and mid-June. Due to a stronger US dollar, EUR/USD was down 2 percent on the year at $1.12, close to long-term lows.

Read more in the article EUR Forecasts.

Why can't I just get the GBP/EUR market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the GBP / EUR was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

GBPEUR blended flags

Getting a good market rate is mainly about timing however 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.

We help you Compare & Save Money on Exchange Rates.

 

View all GBP Exchange Rates